Access Engineering (Sri Lanka) Performance
| AELN0000 | 26.90 0.90 3.46% |
On a scale of 0 to 100, Access Engineering holds a performance score of 22. The firm shows a Beta (market volatility) of -0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Access Engineering are expected to decrease at a much lower rate. During the bear market, Access Engineering is likely to outperform the market. Please check Access Engineering's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Access Engineering's price patterns will revert.
Risk-Adjusted Performance
22 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Access Engineering PLC are ranked lower than 22 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Access Engineering sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Access |
Access Engineering Relative Risk vs. Return Landscape
If you would invest 2,060 in Access Engineering PLC on August 27, 2024 and sell it today you would earn a total of 630.00 from holding Access Engineering PLC or generate 30.58% return on investment over 90 days. Access Engineering PLC is generating 0.4657% of daily returns and assumes 1.5995% volatility on return distribution over the 90 days horizon. Simply put, 14% of stocks are less volatile than Access, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Access Engineering Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Access Engineering's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Access Engineering PLC, and traders can use it to determine the average amount a Access Engineering'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 = 0.2911
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Estimated Market Risk
| 1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.47 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average Access Engineering is performing at about 22% 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 Access Engineering by adding it to a well-diversified portfolio.
About Access Engineering Performance
By analyzing Access Engineering's fundamental ratios, stakeholders can gain valuable insights into Access Engineering's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Access Engineering 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 Access Engineering 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 Access Engineering PLC performance evaluation
Checking the ongoing alerts about Access Engineering for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Access Engineering PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Access Engineering's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Access Engineering's stock performance include:- Analyzing Access Engineering'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 Access Engineering's stock is overvalued or undervalued compared to its peers.
- Examining Access Engineering'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 Access Engineering's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Access Engineering's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Access Engineering's stock. These opinions can provide insight into Access Engineering's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Access Stock analysis
When running Access Engineering's price analysis, check to measure Access Engineering'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 Access Engineering is operating at the current time. Most of Access Engineering's value examination focuses on studying past and present price action to predict the probability of Access Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Access Engineering's price. Additionally, you may evaluate how the addition of Access Engineering to your portfolios can decrease your overall portfolio volatility.
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