INDUSTRIAL MEDICAL (Nigeria) Performance
| IMG Stock | 38.00 0.00 0.00% |
INDUSTRIAL MEDICAL has a performance score of 10 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and INDUSTRIAL MEDICAL are completely uncorrelated. INDUSTRIAL MEDICAL GASES now retains a risk of 1.06%. Please check out INDUSTRIAL MEDICAL coefficient of variation, skewness, as well as the relationship between the Skewness and day typical price , to decide if INDUSTRIAL MEDICAL will be following its current trending patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in INDUSTRIAL MEDICAL GASES are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively inconsistent basic indicators, INDUSTRIAL MEDICAL may actually be approaching a critical reversion point that can send shares even higher in March 2025. ...more
INDUSTRIAL |
INDUSTRIAL MEDICAL Relative Risk vs. Return Landscape
If you would invest 3,500 in INDUSTRIAL MEDICAL GASES on November 3, 2024 and sell it today you would earn a total of 300.00 from holding INDUSTRIAL MEDICAL GASES or generate 8.57% return on investment over 90 days. INDUSTRIAL MEDICAL GASES is generating 0.1359% of daily returns and assumes 1.0618% volatility on return distribution over the 90 days horizon. Simply put, 9% of stocks are less volatile than INDUSTRIAL, and 98% 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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INDUSTRIAL MEDICAL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for INDUSTRIAL MEDICAL's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as INDUSTRIAL MEDICAL GASES, and traders can use it to determine the average amount a INDUSTRIAL MEDICAL'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 = 0.128
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Estimated Market Risk
| 1.06 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average INDUSTRIAL MEDICAL is performing at about 10% 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 INDUSTRIAL MEDICAL by adding it to a well-diversified portfolio.
Things to note about INDUSTRIAL MEDICAL GASES performance evaluation
Checking the ongoing alerts about INDUSTRIAL MEDICAL for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for INDUSTRIAL MEDICAL GASES help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating INDUSTRIAL MEDICAL's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate INDUSTRIAL MEDICAL's stock performance include:- Analyzing INDUSTRIAL MEDICAL'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 INDUSTRIAL MEDICAL's stock is overvalued or undervalued compared to its peers.
- Examining INDUSTRIAL MEDICAL'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 INDUSTRIAL MEDICAL's management team can have a significant impact on its success or failure. Reviewing the track record and experience of INDUSTRIAL MEDICAL's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of INDUSTRIAL MEDICAL's stock. These opinions can provide insight into INDUSTRIAL MEDICAL's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for INDUSTRIAL Stock Analysis
When running INDUSTRIAL MEDICAL's price analysis, check to measure INDUSTRIAL MEDICAL'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 INDUSTRIAL MEDICAL is operating at the current time. Most of INDUSTRIAL MEDICAL's value examination focuses on studying past and present price action to predict the probability of INDUSTRIAL MEDICAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move INDUSTRIAL MEDICAL's price. Additionally, you may evaluate how the addition of INDUSTRIAL MEDICAL to your portfolios can decrease your overall portfolio volatility.