ELITE MEAT (Mauritius) Performance
| ELIT Stock | 1.85 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and ELITE MEAT are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days ELITE MEAT PROCESSORS has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound technical and fundamental indicators, ELITE MEAT is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
ELITE |
ELITE MEAT Relative Risk vs. Return Landscape
If you would invest 185.00 in ELITE MEAT PROCESSORS on September 14, 2024 and sell it today you would earn a total of 0.00 from holding ELITE MEAT PROCESSORS or generate 0.0% return on investment over 90 days. ELITE MEAT PROCESSORS is generating negative expected returns and assumes 0.0% volatility on return distribution over the 90 days horizon. Simply put, 0% of stocks are less volatile than ELITE, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ELITE MEAT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ELITE MEAT's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ELITE MEAT PROCESSORS, and traders can use it to determine the average amount a ELITE MEAT'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 = 0.0
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| ELIT |
Based on monthly moving average ELITE MEAT 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 ELITE MEAT by adding ELITE MEAT to a well-diversified portfolio.
Things to note about ELITE MEAT PROCESSORS performance evaluation
Checking the ongoing alerts about ELITE MEAT for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ELITE MEAT PROCESSORS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ELITE MEAT generated a negative expected return over the last 90 days | |
| ELITE MEAT may become a speculative penny stock |
- Analyzing ELITE MEAT'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 ELITE MEAT's stock is overvalued or undervalued compared to its peers.
- Examining ELITE MEAT'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 ELITE MEAT's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ELITE MEAT's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ELITE MEAT's stock. These opinions can provide insight into ELITE MEAT's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for ELITE Stock analysis
When running ELITE MEAT's price analysis, check to measure ELITE MEAT'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 ELITE MEAT is operating at the current time. Most of ELITE MEAT's value examination focuses on studying past and present price action to predict the probability of ELITE MEAT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ELITE MEAT's price. Additionally, you may evaluate how the addition of ELITE MEAT to your portfolios can decrease your overall portfolio volatility.
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