COMMERCIAL BANK (Sri Lanka) Performance
| COMBX0000 | LKR 93.30 1.20 1.27% |
On a scale of 0 to 100, COMMERCIAL BANK holds a performance score of 23. The firm shows a Beta (market volatility) of 0.0503, which signifies not very significant fluctuations relative to the market. As returns on the market increase, COMMERCIAL BANK's returns are expected to increase less than the market. However, during the bear market, the loss of holding COMMERCIAL BANK is expected to be smaller as well. Please check COMMERCIAL BANK's downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether COMMERCIAL BANK's price patterns will revert.
Risk-Adjusted Performance
23 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in COMMERCIAL BANK OF are ranked lower than 23 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, COMMERCIAL BANK sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
COMMERCIAL |
COMMERCIAL BANK Relative Risk vs. Return Landscape
If you would invest 7,120 in COMMERCIAL BANK OF on August 27, 2024 and sell it today you would earn a total of 2,210 from holding COMMERCIAL BANK OF or generate 31.04% return on investment over 90 days. COMMERCIAL BANK OF is generating 0.4717% of daily returns and assumes 1.6% volatility on return distribution over the 90 days horizon. Simply put, 14% of stocks are less volatile than COMMERCIAL, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
COMMERCIAL BANK Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for COMMERCIAL BANK's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as COMMERCIAL BANK OF, and traders can use it to determine the average amount a COMMERCIAL BANK'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 = 0.2948
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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 | 23 77% of assets perform better |
Based on monthly moving average COMMERCIAL BANK is performing at about 23% 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 COMMERCIAL BANK by adding it to a well-diversified portfolio.
About COMMERCIAL BANK Performance
By analyzing COMMERCIAL BANK's fundamental ratios, stakeholders can gain valuable insights into COMMERCIAL BANK's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if COMMERCIAL BANK 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 COMMERCIAL BANK 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 COMMERCIAL BANK performance evaluation
Checking the ongoing alerts about COMMERCIAL BANK for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for COMMERCIAL BANK help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating COMMERCIAL BANK's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate COMMERCIAL BANK's stock performance include:- Analyzing COMMERCIAL BANK'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 COMMERCIAL BANK's stock is overvalued or undervalued compared to its peers.
- Examining COMMERCIAL BANK'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 COMMERCIAL BANK's management team can have a significant impact on its success or failure. Reviewing the track record and experience of COMMERCIAL BANK's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of COMMERCIAL BANK's stock. These opinions can provide insight into COMMERCIAL BANK's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for COMMERCIAL Stock analysis
When running COMMERCIAL BANK's price analysis, check to measure COMMERCIAL BANK'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 COMMERCIAL BANK is operating at the current time. Most of COMMERCIAL BANK's value examination focuses on studying past and present price action to predict the probability of COMMERCIAL BANK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move COMMERCIAL BANK's price. Additionally, you may evaluate how the addition of COMMERCIAL BANK to your portfolios can decrease your overall portfolio volatility.
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