Industrial Asphalts (Sri Lanka) Performance
| ASPHN0000 | 0.30 0.10 25.00% |
Industrial Asphalts holds a performance score of 6 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -1.65, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Industrial Asphalts are expected to decrease by larger amounts. On the other hand, during market turmoil, Industrial Asphalts is expected to outperform it. Use Industrial Asphalts PLC standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to analyze future returns on Industrial Asphalts PLC.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Industrial Asphalts PLC are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Industrial Asphalts sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Industrial |
Industrial Asphalts Relative Risk vs. Return Landscape
If you would invest 30.00 in Industrial Asphalts PLC on August 27, 2024 and sell it today you would earn a total of 0.00 from holding Industrial Asphalts PLC or generate 0.0% return on investment over 90 days. Industrial Asphalts PLC is generating 1.4124% of daily returns and assumes 17.4495% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Industrial on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Industrial Asphalts Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Industrial Asphalts' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Industrial Asphalts PLC, and traders can use it to determine the average amount a Industrial Asphalts' 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 = 0.0809
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Estimated Market Risk
| 17.45 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.41 actual daily | 28 72% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Industrial Asphalts is performing at about 6% 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 Industrial Asphalts by adding it to a well-diversified portfolio.
About Industrial Asphalts Performance
By analyzing Industrial Asphalts' fundamental ratios, stakeholders can gain valuable insights into Industrial Asphalts' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Industrial Asphalts 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 Industrial Asphalts 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 Industrial Asphalts PLC performance evaluation
Checking the ongoing alerts about Industrial Asphalts for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Industrial Asphalts PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Industrial Asphalts is way too risky over 90 days horizon | |
| Industrial Asphalts has some characteristics of a very speculative penny stock | |
| Industrial Asphalts appears to be risky and price may revert if volatility continues |
- Analyzing Industrial Asphalts' 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 Industrial Asphalts' stock is overvalued or undervalued compared to its peers.
- Examining Industrial Asphalts' 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 Industrial Asphalts' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Industrial Asphalts' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Industrial Asphalts' stock. These opinions can provide insight into Industrial Asphalts' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Industrial Stock analysis
When running Industrial Asphalts' price analysis, check to measure Industrial Asphalts' 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 Industrial Asphalts is operating at the current time. Most of Industrial Asphalts' value examination focuses on studying past and present price action to predict the probability of Industrial Asphalts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Industrial Asphalts' price. Additionally, you may evaluate how the addition of Industrial Asphalts to your portfolios can decrease your overall portfolio volatility.
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