Kelani Cables (Sri Lanka) Performance
| KCABN0000 | LKR 334.00 9.00 2.62% |
On a scale of 0 to 100, Kelani Cables holds a performance score of 14. The company secures a Beta (Market Risk) of 0.31, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kelani Cables' returns are expected to increase less than the market. However, during the bear market, the loss of holding Kelani Cables is expected to be smaller as well. Please check Kelani Cables' sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Kelani Cables' current price movements will revert.
Risk-Adjusted Performance
14 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Kelani Cables PLC are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Kelani Cables sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Kelani |
Kelani Cables Relative Risk vs. Return Landscape
If you would invest 28,000 in Kelani Cables PLC on August 30, 2024 and sell it today you would earn a total of 5,400 from holding Kelani Cables PLC or generate 19.29% return on investment over 90 days. Kelani Cables PLC is generating 0.3196% of daily returns and assumes 1.7647% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than Kelani, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Kelani Cables Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kelani Cables' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Kelani Cables PLC, and traders can use it to determine the average amount a Kelani Cables' 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 = 0.1811
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Estimated Market Risk
| 1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Kelani Cables is performing at about 14% 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 Kelani Cables by adding it to a well-diversified portfolio.
About Kelani Cables Performance
By analyzing Kelani Cables' fundamental ratios, stakeholders can gain valuable insights into Kelani Cables' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Kelani Cables 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 Kelani Cables 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 Kelani Cables PLC performance evaluation
Checking the ongoing alerts about Kelani Cables for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Kelani Cables PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Kelani Cables' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Kelani Cables' stock performance include:- Analyzing Kelani Cables' 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 Kelani Cables' stock is overvalued or undervalued compared to its peers.
- Examining Kelani Cables' 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 Kelani Cables' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Kelani Cables' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Kelani Cables' stock. These opinions can provide insight into Kelani Cables' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Kelani Stock analysis
When running Kelani Cables' price analysis, check to measure Kelani Cables' 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 Kelani Cables is operating at the current time. Most of Kelani Cables' value examination focuses on studying past and present price action to predict the probability of Kelani Cables' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kelani Cables' price. Additionally, you may evaluate how the addition of Kelani Cables to your portfolios can decrease your overall portfolio volatility.
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