ALUMINIUM EXTRUSION (Nigeria) Performance
| ALEX Stock | 7.15 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and ALUMINIUM EXTRUSION are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days ALUMINIUM EXTRUSION IND has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy technical and fundamental indicators, ALUMINIUM EXTRUSION is not utilizing all of its potentials. The newest stock price disarray, may contribute to short-term losses for the investors. ...more
ALUMINIUM |
ALUMINIUM EXTRUSION Relative Risk vs. Return Landscape
If you would invest 715.00 in ALUMINIUM EXTRUSION IND on August 30, 2024 and sell it today you would earn a total of 0.00 from holding ALUMINIUM EXTRUSION IND or generate 0.0% return on investment over 90 days. ALUMINIUM EXTRUSION IND is generating negative expected returns and assumes 0.0% volatility on return distribution over the 90 days horizon. Simply put, 0% of stocks are less volatile than ALUMINIUM, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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ALUMINIUM EXTRUSION Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ALUMINIUM EXTRUSION's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ALUMINIUM EXTRUSION IND, and traders can use it to determine the average amount a ALUMINIUM EXTRUSION'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 = 0.0
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| ALEX |
Based on monthly moving average ALUMINIUM EXTRUSION 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 ALUMINIUM EXTRUSION by adding ALUMINIUM EXTRUSION to a well-diversified portfolio.
Things to note about ALUMINIUM EXTRUSION IND performance evaluation
Checking the ongoing alerts about ALUMINIUM EXTRUSION for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ALUMINIUM EXTRUSION IND help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ALUMINIUM EXTRUSION generated a negative expected return over the last 90 days |
- Analyzing ALUMINIUM EXTRUSION'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 ALUMINIUM EXTRUSION's stock is overvalued or undervalued compared to its peers.
- Examining ALUMINIUM EXTRUSION'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 ALUMINIUM EXTRUSION's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ALUMINIUM EXTRUSION's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ALUMINIUM EXTRUSION's stock. These opinions can provide insight into ALUMINIUM EXTRUSION's potential for growth and whether the stock is currently undervalued or overvalued.