EIDESVIK OFFSHORE (Germany) Performance
| E1V Stock | EUR 1.12 0.01 0.88% |
The firm shows a Beta (market volatility) of -0.42, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning EIDESVIK OFFSHORE are expected to decrease at a much lower rate. During the bear market, EIDESVIK OFFSHORE is likely to outperform the market. At this point, EIDESVIK OFFSHORE has a negative expected return of -0.28%. Please make sure to confirm EIDESVIK OFFSHORE's mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if EIDESVIK OFFSHORE performance from the past will be repeated in the future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days EIDESVIK OFFSHORE NK has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
EIDESVIK |
EIDESVIK OFFSHORE Relative Risk vs. Return Landscape
If you would invest 137.00 in EIDESVIK OFFSHORE NK on August 28, 2024 and sell it today you would lose (25.00) from holding EIDESVIK OFFSHORE NK or give up 18.25% of portfolio value over 90 days. EIDESVIK OFFSHORE NK is currently producing negative expected returns and takes up 2.5019% volatility of returns over 90 trading days. Put another way, 22% of traded stocks are less volatile than EIDESVIK, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
EIDESVIK OFFSHORE Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for EIDESVIK OFFSHORE's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as EIDESVIK OFFSHORE NK, and traders can use it to determine the average amount a EIDESVIK OFFSHORE'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 = -0.1132
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | E1V |
Estimated Market Risk
| 2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average EIDESVIK OFFSHORE 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 EIDESVIK OFFSHORE by adding EIDESVIK OFFSHORE to a well-diversified portfolio.
About EIDESVIK OFFSHORE Performance
By analyzing EIDESVIK OFFSHORE's fundamental ratios, stakeholders can gain valuable insights into EIDESVIK OFFSHORE's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if EIDESVIK OFFSHORE 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 EIDESVIK OFFSHORE 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 EIDESVIK OFFSHORE performance evaluation
Checking the ongoing alerts about EIDESVIK OFFSHORE for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for EIDESVIK OFFSHORE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| EIDESVIK OFFSHORE generated a negative expected return over the last 90 days | |
| EIDESVIK OFFSHORE may become a speculative penny stock |
- Analyzing EIDESVIK OFFSHORE'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 EIDESVIK OFFSHORE's stock is overvalued or undervalued compared to its peers.
- Examining EIDESVIK OFFSHORE'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 EIDESVIK OFFSHORE's management team can have a significant impact on its success or failure. Reviewing the track record and experience of EIDESVIK OFFSHORE's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of EIDESVIK OFFSHORE's stock. These opinions can provide insight into EIDESVIK OFFSHORE's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for EIDESVIK Stock analysis
When running EIDESVIK OFFSHORE's price analysis, check to measure EIDESVIK OFFSHORE'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 EIDESVIK OFFSHORE is operating at the current time. Most of EIDESVIK OFFSHORE's value examination focuses on studying past and present price action to predict the probability of EIDESVIK OFFSHORE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EIDESVIK OFFSHORE's price. Additionally, you may evaluate how the addition of EIDESVIK OFFSHORE to your portfolios can decrease your overall portfolio volatility.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |