OK ZIMBABWE (Zimbabwe) Performance
| OKZ Stock | 65.71 0.76 1.17% |
The company owns a Beta (Systematic Risk) of -0.1, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning OK ZIMBABWE are expected to decrease at a much lower rate. During the bear market, OK ZIMBABWE is likely to outperform the market. At this point, OK ZIMBABWE LIMITED has a negative expected return of -0.082%. Please make sure to check OK ZIMBABWE's standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to decide if OK ZIMBABWE LIMITED performance from the past will be repeated sooner or later.
Risk-Adjusted Performance
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Over the last 90 days OK ZIMBABWE LIMITED has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong forward indicators, OK ZIMBABWE is not utilizing all of its potentials. The current stock price confusion, may contribute to short-horizon losses for the traders. ...more
OKZ |
OK ZIMBABWE Relative Risk vs. Return Landscape
If you would invest 8,001 in OK ZIMBABWE LIMITED on September 2, 2024 and sell it today you would lose (1,430) from holding OK ZIMBABWE LIMITED or give up 17.87% of portfolio value over 90 days. OK ZIMBABWE LIMITED is generating negative expected returns and assumes 6.5856% volatility on return distribution over the 90 days horizon. Simply put, 58% of stocks are less volatile than OKZ, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
OK ZIMBABWE Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for OK ZIMBABWE's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as OK ZIMBABWE LIMITED, and traders can use it to determine the average amount a OK ZIMBABWE'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 = -0.0125
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| Negative Returns | OKZ |
Estimated Market Risk
| 6.59 actual daily | 58 58% of assets are less volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OK ZIMBABWE 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 OK ZIMBABWE by adding OK ZIMBABWE to a well-diversified portfolio.
Things to note about OK ZIMBABWE LIMITED performance evaluation
Checking the ongoing alerts about OK ZIMBABWE for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for OK ZIMBABWE LIMITED help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| OK ZIMBABWE LIMITED generated a negative expected return over the last 90 days | |
| OK ZIMBABWE LIMITED has high historical volatility and very poor performance |
- Analyzing OK ZIMBABWE'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 OK ZIMBABWE's stock is overvalued or undervalued compared to its peers.
- Examining OK ZIMBABWE'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 OK ZIMBABWE's management team can have a significant impact on its success or failure. Reviewing the track record and experience of OK ZIMBABWE's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of OK ZIMBABWE's stock. These opinions can provide insight into OK ZIMBABWE's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for OKZ Stock analysis
When running OK ZIMBABWE's price analysis, check to measure OK ZIMBABWE'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 OK ZIMBABWE is operating at the current time. Most of OK ZIMBABWE's value examination focuses on studying past and present price action to predict the probability of OK ZIMBABWE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OK ZIMBABWE's price. Additionally, you may evaluate how the addition of OK ZIMBABWE to your portfolios can decrease your overall portfolio volatility.
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