Abans Finance (Sri Lanka) Performance
| AFSLN0000 | LKR 22.60 0.40 1.74% |
On a scale of 0 to 100, Abans Finance holds a performance score of 7. The firm shows a Beta (market volatility) of 0.87, which signifies possible diversification benefits within a given portfolio. Abans Finance returns are very sensitive to returns on the market. As the market goes up or down, Abans Finance is expected to follow. Please check Abans Finance's coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Abans Finance's price patterns will revert.
Risk-Adjusted Performance
7 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Abans Finance PLC are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Abans Finance sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Abans |
Abans Finance Relative Risk vs. Return Landscape
If you would invest 2,000 in Abans Finance PLC on August 27, 2024 and sell it today you would earn a total of 260.00 from holding Abans Finance PLC or generate 13.0% return on investment over 90 days. Abans Finance PLC is generating 0.3675% of daily returns and assumes 3.9851% volatility on return distribution over the 90 days horizon. Simply put, 35% of stocks are less volatile than Abans, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Abans Finance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Abans Finance's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Abans Finance PLC, and traders can use it to determine the average amount a Abans Finance's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0922
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Estimated Market Risk
| 3.99 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Abans Finance is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Abans Finance by adding it to a well-diversified portfolio.
About Abans Finance Performance
By analyzing Abans Finance's fundamental ratios, stakeholders can gain valuable insights into Abans Finance's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Abans Finance has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Abans Finance has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Abans Finance PLC performance evaluation
Checking the ongoing alerts about Abans Finance for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Abans Finance PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Abans Finance PLC had very high historical volatility over the last 90 days |
- Analyzing Abans Finance's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Abans Finance's stock is overvalued or undervalued compared to its peers.
- Examining Abans Finance's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Abans Finance's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Abans Finance's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Abans Finance's stock. These opinions can provide insight into Abans Finance's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Abans Stock analysis
When running Abans Finance's price analysis, check to measure Abans Finance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Abans Finance is operating at the current time. Most of Abans Finance's value examination focuses on studying past and present price action to predict the probability of Abans Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abans Finance's price. Additionally, you may evaluate how the addition of Abans Finance to your portfolios can decrease your overall portfolio volatility.
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