Ittehad Chemicals (Pakistan) Performance
| ICL Stock | 56.84 5.17 10.01% |
On a scale of 0 to 100, Ittehad Chemicals holds a performance score of 14. The company retains a Market Volatility (i.e., Beta) of 0.63, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Ittehad Chemicals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Ittehad Chemicals is expected to be smaller as well. Please check Ittehad Chemicals' treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to make a quick decision on whether Ittehad Chemicals' current trending patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Ittehad Chemicals are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak basic indicators, Ittehad Chemicals reported solid returns over the last few months and may actually be approaching a breakup point. ...more
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Ittehad Chemicals Relative Risk vs. Return Landscape
If you would invest 4,450 in Ittehad Chemicals on August 28, 2024 and sell it today you would earn a total of 1,234 from holding Ittehad Chemicals or generate 27.73% return on investment over 90 days. Ittehad Chemicals is generating 0.4075% of daily returns and assumes 2.2414% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Ittehad, and 92% 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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Ittehad Chemicals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ittehad Chemicals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ittehad Chemicals, and traders can use it to determine the average amount a Ittehad Chemicals' 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 = 0.1818
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Estimated Market Risk
| 2.24 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Ittehad Chemicals is performing at about 14% 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 Ittehad Chemicals by adding it to a well-diversified portfolio.
About Ittehad Chemicals Performance
Assessing Ittehad Chemicals' fundamental ratios provides investors with valuable insights into Ittehad Chemicals' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Ittehad Chemicals is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Ittehad Chemicals performance evaluation
Checking the ongoing alerts about Ittehad Chemicals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ittehad Chemicals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Ittehad Chemicals' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Ittehad Chemicals' stock performance include:- Analyzing Ittehad Chemicals' 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 Ittehad Chemicals' stock is overvalued or undervalued compared to its peers.
- Examining Ittehad Chemicals' 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 Ittehad Chemicals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ittehad Chemicals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ittehad Chemicals' stock. These opinions can provide insight into Ittehad Chemicals' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Ittehad Stock Analysis
When running Ittehad Chemicals' price analysis, check to measure Ittehad Chemicals' 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 Ittehad Chemicals is operating at the current time. Most of Ittehad Chemicals' value examination focuses on studying past and present price action to predict the probability of Ittehad Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ittehad Chemicals' price. Additionally, you may evaluate how the addition of Ittehad Chemicals to your portfolios can decrease your overall portfolio volatility.