NicOx SA (France) Performance
| ALCOX Stock | 0.28 0.00 0.00% |
On a scale of 0 to 100, NicOx SA holds a performance score of 5. The company secures a Beta (Market Risk) of 1.41, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, NicOx SA will likely underperform. Please check NicOx SA's information ratio, as well as the relationship between the value at risk and kurtosis , to make a quick decision on whether NicOx SA's current price movements will revert.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in NicOx SA are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak basic indicators, NicOx SA reported solid returns over the last few months and may actually be approaching a breakup point. ...more
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NicOx SA Relative Risk vs. Return Landscape
If you would invest 23.00 in NicOx SA on September 19, 2024 and sell it today you would earn a total of 5.00 from holding NicOx SA or generate 21.74% return on investment over 90 days. NicOx SA is generating 0.5849% of daily returns and assumes 8.3155% volatility on return distribution over the 90 days horizon. Simply put, 74% of stocks are less volatile than NicOx, and 89% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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NicOx SA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NicOx SA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NicOx SA, and traders can use it to determine the average amount a NicOx SA'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 = 0.0703
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Estimated Market Risk
| 8.32 actual daily | 74 74% of assets are less volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average NicOx SA is performing at about 5% 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 NicOx SA by adding it to a well-diversified portfolio.
Things to note about NicOx SA performance evaluation
Checking the ongoing alerts about NicOx SA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NicOx SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NicOx SA is way too risky over 90 days horizon | |
| NicOx SA has some characteristics of a very speculative penny stock | |
| NicOx SA appears to be risky and price may revert if volatility continues |
- Analyzing NicOx SA'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 NicOx SA's stock is overvalued or undervalued compared to its peers.
- Examining NicOx SA'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 NicOx SA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NicOx SA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NicOx SA's stock. These opinions can provide insight into NicOx SA's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for NicOx Stock Analysis
When running NicOx SA's price analysis, check to measure NicOx SA'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 NicOx SA is operating at the current time. Most of NicOx SA's value examination focuses on studying past and present price action to predict the probability of NicOx SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NicOx SA's price. Additionally, you may evaluate how the addition of NicOx SA to your portfolios can decrease your overall portfolio volatility.