Illumina Performance
The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Illumina are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Illumina has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable essential indicators, Illumina is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Illumina |
Illumina Relative Risk vs. Return Landscape
If you would invest (100.00) in Illumina on December 4, 2024 and sell it today you would earn a total of 100.00 from holding Illumina or generate -100.0% return on investment over 90 days. Illumina is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of stocks are less volatile than Illumina, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Illumina Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Illumina's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Illumina, and traders can use it to determine the average amount a Illumina'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 = 0.0
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Based on monthly moving average Illumina is not performing at its full potential. However, 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 Illumina by adding Illumina to a well-diversified portfolio.
Things to note about Illumina performance evaluation
Checking the ongoing alerts about Illumina for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Illumina help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Illumina is not yet fully synchronised with the market data | |
| Illumina has some characteristics of a very speculative penny stock |
- Analyzing Illumina'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 Illumina's stock is overvalued or undervalued compared to its peers.
- Examining Illumina'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 Illumina's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Illumina's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Illumina's stock. These opinions can provide insight into Illumina's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Other Consideration for investing in Illumina Stock
If you are still planning to invest in Illumina check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Illumina's history and understand the potential risks before investing.
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