CODERE ONLINE (Germany) Performance
| J9T Stock | 6.45 0.15 2.38% |
The firm shows a Beta (market volatility) of -0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CODERE ONLINE are expected to decrease at a much lower rate. During the bear market, CODERE ONLINE is likely to outperform the market. At this point, CODERE ONLINE LUX has a negative expected return of -0.0993%. Please make sure to confirm CODERE ONLINE's total risk alpha, kurtosis, and the relationship between the information ratio and potential upside , to decide if CODERE ONLINE LUX performance from the past will be repeated in the future.
Risk-Adjusted Performance
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Over the last 90 days CODERE ONLINE LUX has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, CODERE ONLINE is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
CODERE |
CODERE ONLINE Relative Risk vs. Return Landscape
If you would invest 705.00 in CODERE ONLINE LUX on November 4, 2024 and sell it today you would lose (60.00) from holding CODERE ONLINE LUX or give up 8.51% of portfolio value over 90 days. CODERE ONLINE LUX is currently producing negative expected returns and takes up 3.0534% volatility of returns over 90 trading days. Put another way, 27% of traded stocks are less volatile than CODERE, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
CODERE ONLINE Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CODERE ONLINE's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CODERE ONLINE LUX, and traders can use it to determine the average amount a CODERE ONLINE'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 = -0.0325
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | J9T |
Estimated Market Risk
| 3.05 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CODERE ONLINE 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 CODERE ONLINE by adding CODERE ONLINE to a well-diversified portfolio.
About CODERE ONLINE Performance
By analyzing CODERE ONLINE's fundamental ratios, stakeholders can gain valuable insights into CODERE ONLINE's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if CODERE ONLINE 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 CODERE ONLINE 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 CODERE ONLINE LUX performance evaluation
Checking the ongoing alerts about CODERE ONLINE for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CODERE ONLINE LUX help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| CODERE ONLINE LUX generated a negative expected return over the last 90 days | |
| CODERE ONLINE LUX has high historical volatility and very poor performance |
- Analyzing CODERE ONLINE'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 CODERE ONLINE's stock is overvalued or undervalued compared to its peers.
- Examining CODERE ONLINE'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 CODERE ONLINE's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CODERE ONLINE's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CODERE ONLINE's stock. These opinions can provide insight into CODERE ONLINE's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for CODERE Stock analysis
When running CODERE ONLINE's price analysis, check to measure CODERE ONLINE'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 CODERE ONLINE is operating at the current time. Most of CODERE ONLINE's value examination focuses on studying past and present price action to predict the probability of CODERE ONLINE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CODERE ONLINE's price. Additionally, you may evaluate how the addition of CODERE ONLINE to your portfolios can decrease your overall portfolio volatility.
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