Biofish Holding (Norway) Performance
| BFISH Stock | 1.12 0.04 3.45% |
The firm shows a Beta (market volatility) of -0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Biofish Holding are expected to decrease at a much lower rate. During the bear market, Biofish Holding is likely to outperform the market. At this point, Biofish Holding AS has a negative expected return of -0.0172%. Please make sure to confirm Biofish Holding's skewness, day median price, as well as the relationship between the potential upside and sortino ratio , to decide if Biofish Holding AS performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Biofish Holding AS has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Biofish Holding is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
Biofish |
Biofish Holding Relative Risk vs. Return Landscape
If you would invest 115.00 in Biofish Holding AS on September 13, 2024 and sell it today you would lose (3.00) from holding Biofish Holding AS or give up 2.61% of portfolio value over 90 days. Biofish Holding AS is generating negative expected returns and assumes 2.1689% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Biofish, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Biofish Holding Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Biofish Holding's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Biofish Holding AS, and traders can use it to determine the average amount a Biofish Holding'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 = -0.0079
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| Negative Returns | BFISH |
Estimated Market Risk
| 2.17 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Biofish Holding 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 Biofish Holding by adding Biofish Holding to a well-diversified portfolio.
Things to note about Biofish Holding AS performance evaluation
Checking the ongoing alerts about Biofish Holding for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Biofish Holding AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Biofish Holding AS generated a negative expected return over the last 90 days | |
| Biofish Holding AS may become a speculative penny stock |
- Analyzing Biofish Holding'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 Biofish Holding's stock is overvalued or undervalued compared to its peers.
- Examining Biofish Holding'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 Biofish Holding's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Biofish Holding's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Biofish Holding's stock. These opinions can provide insight into Biofish Holding's potential for growth and whether the stock is currently undervalued or overvalued.