Electroarges (Romania) Performance
| ELGS Stock | 0.15 0.01 7.14% |
The firm shows a Beta (market volatility) of 0.0335, which means not very significant fluctuations relative to the market. As returns on the market increase, Electroarges' returns are expected to increase less than the market. However, during the bear market, the loss of holding Electroarges is expected to be smaller as well. At this point, Electroarges S has a negative expected return of -0.21%. Please make sure to confirm Electroarges' variance, jensen alpha, and the relationship between the standard deviation and information ratio , to decide if Electroarges S 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 Electroarges S has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in December 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Electroarges |
Electroarges Relative Risk vs. Return Landscape
If you would invest 18.00 in Electroarges S on August 24, 2024 and sell it today you would lose (3.00) from holding Electroarges S or give up 16.67% of portfolio value over 90 days. Electroarges S is generating negative expected returns and assumes 3.714% volatility on return distribution over the 90 days horizon. Simply put, 33% of stocks are less volatile than Electroarges, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Electroarges Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Electroarges' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Electroarges S, and traders can use it to determine the average amount a Electroarges' 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 = -0.057
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| Negative Returns | ELGS |
Estimated Market Risk
| 3.71 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Electroarges 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 Electroarges by adding Electroarges to a well-diversified portfolio.
About Electroarges Performance
By examining Electroarges' fundamental ratios, stakeholders can obtain critical insights into Electroarges' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Electroarges is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Electroarges S performance evaluation
Checking the ongoing alerts about Electroarges for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Electroarges S help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Electroarges S generated a negative expected return over the last 90 days | |
| Electroarges S has some characteristics of a very speculative penny stock | |
| Electroarges S has high historical volatility and very poor performance |
- Analyzing Electroarges' 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 Electroarges' stock is overvalued or undervalued compared to its peers.
- Examining Electroarges' 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 Electroarges' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Electroarges' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Electroarges' stock. These opinions can provide insight into Electroarges' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Electroarges Stock
Electroarges financial ratios help investors to determine whether Electroarges Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Electroarges with respect to the benefits of owning Electroarges security.