We Buy (South Africa) Performance
| WBC Stock | 4,279 82.00 1.95% |
On a scale of 0 to 100, We Buy holds a performance score of 25. The firm owns a Beta (Systematic Risk) of 0.3, which attests to not very significant fluctuations relative to the market. As returns on the market increase, We Buy's returns are expected to increase less than the market. However, during the bear market, the loss of holding We Buy is expected to be smaller as well. Please check We Buy's mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and total risk alpha , to make a quick decision on whether We Buy's current price history will revert.
Risk-Adjusted Performance
25 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in We Buy Cars are ranked lower than 25 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady technical and fundamental indicators, We Buy exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
WBC |
We Buy Relative Risk vs. Return Landscape
If you would invest 309,000 in We Buy Cars on August 24, 2024 and sell it today you would earn a total of 118,900 from holding We Buy Cars or generate 38.48% return on investment over 90 days. We Buy Cars is generating 0.5222% of daily returns and assumes 1.5871% volatility on return distribution over the 90 days horizon. Simply put, 14% of stocks are less volatile than WBC, and 90% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
We Buy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for We Buy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as We Buy Cars, and traders can use it to determine the average amount a We Buy'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 = 0.3291
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Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.33 actual daily | 25 75% of assets perform better |
Based on monthly moving average We Buy is performing at about 25% 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 We Buy by adding it to a well-diversified portfolio.
Things to note about We Buy Cars performance evaluation
Checking the ongoing alerts about We Buy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for We Buy Cars help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating We Buy's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate We Buy's stock performance include:- Analyzing We Buy'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 We Buy's stock is overvalued or undervalued compared to its peers.
- Examining We Buy'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 We Buy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of We Buy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of We Buy's stock. These opinions can provide insight into We Buy's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for WBC Stock analysis
When running We Buy's price analysis, check to measure We Buy'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 We Buy is operating at the current time. Most of We Buy's value examination focuses on studying past and present price action to predict the probability of We Buy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move We Buy's price. Additionally, you may evaluate how the addition of We Buy to your portfolios can decrease your overall portfolio volatility.
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