Alumex PLC (Sri Lanka) Performance
| ALUMN0000 | LKR 11.70 0.20 1.74% |
Alumex PLC has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0594, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Alumex PLC are expected to decrease at a much lower rate. During the bear market, Alumex PLC is likely to outperform the market. Alumex PLC right now shows a risk of 1.93%. Please confirm Alumex PLC value at risk, as well as the relationship between the skewness and day median price , to decide if Alumex PLC will be following its price patterns.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Alumex PLC are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Alumex PLC is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
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Alumex PLC Relative Risk vs. Return Landscape
If you would invest 1,100 in Alumex PLC on August 30, 2024 and sell it today you would earn a total of 50.00 from holding Alumex PLC or generate 4.55% return on investment over 90 days. Alumex PLC is generating 0.0938% of daily returns and assumes 1.9344% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Alumex, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Alumex PLC Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alumex PLC's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Alumex PLC, and traders can use it to determine the average amount a Alumex PLC'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 = 0.0485
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| Cash | Small Risk | ALUMN0000 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.93 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Alumex PLC is performing at about 3% 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 Alumex PLC by adding it to a well-diversified portfolio.
About Alumex PLC Performance
By analyzing Alumex PLC's fundamental ratios, stakeholders can gain valuable insights into Alumex PLC's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Alumex PLC 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 Alumex PLC 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 Alumex PLC performance evaluation
Checking the ongoing alerts about Alumex PLC for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Alumex PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Alumex PLC's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Alumex PLC's stock performance include:- Analyzing Alumex PLC'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 Alumex PLC's stock is overvalued or undervalued compared to its peers.
- Examining Alumex PLC'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 Alumex PLC's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alumex PLC's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Alumex PLC's stock. These opinions can provide insight into Alumex PLC's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Alumex Stock analysis
When running Alumex PLC's price analysis, check to measure Alumex PLC'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 Alumex PLC is operating at the current time. Most of Alumex PLC's value examination focuses on studying past and present price action to predict the probability of Alumex PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alumex PLC's price. Additionally, you may evaluate how the addition of Alumex PLC to your portfolios can decrease your overall portfolio volatility.
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