Enra Group (Malaysia) Performance
| 8613 Stock | 0.69 0.05 7.81% |
Enra Group has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0908, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Enra Group are expected to decrease at a much lower rate. During the bear market, Enra Group is likely to outperform the market. Enra Group Bhd right now shows a risk of 1.88%. Please confirm Enra Group Bhd total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Enra Group Bhd will be following its price patterns.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Enra Group Bhd are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting basic indicators, Enra Group may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Enra |
Enra Group Relative Risk vs. Return Landscape
If you would invest 65.00 in Enra Group Bhd on August 26, 2024 and sell it today you would earn a total of 4.00 from holding Enra Group Bhd or generate 6.15% return on investment over 90 days. Enra Group Bhd is generating 0.1135% of daily returns and assumes 1.8809% volatility on return distribution over the 90 days horizon. Simply put, 16% of stocks are less volatile than Enra, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Enra Group Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enra Group's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Enra Group Bhd, and traders can use it to determine the average amount a Enra Group'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 = 0.0603
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| Cash | Small Risk | 8613 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Enra Group is performing at about 4% 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 Enra Group by adding it to a well-diversified portfolio.
Things to note about Enra Group Bhd performance evaluation
Checking the ongoing alerts about Enra Group for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Enra Group Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Enra Group Bhd has some characteristics of a very speculative penny stock |
- Analyzing Enra Group'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 Enra Group's stock is overvalued or undervalued compared to its peers.
- Examining Enra Group'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 Enra Group's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Enra Group's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Enra Group's stock. These opinions can provide insight into Enra Group's potential for growth and whether the stock is currently undervalued or overvalued.