MTN GHANA (Ghana) Performance
| MTNGH Stock | 2.37 0.01 0.42% |
MTN GHANA has a performance score of 8 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0614, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MTN GHANA's returns are expected to increase less than the market. However, during the bear market, the loss of holding MTN GHANA is expected to be smaller as well. MTN GHANA LTD currently secures a risk of 1.17%. Please verify MTN GHANA LTD treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to decide if MTN GHANA LTD will be following its current price movements.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in MTN GHANA LTD are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak basic indicators, MTN GHANA may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
MTN |
MTN GHANA Relative Risk vs. Return Landscape
If you would invest 219.00 in MTN GHANA LTD on August 31, 2024 and sell it today you would earn a total of 18.00 from holding MTN GHANA LTD or generate 8.22% return on investment over 90 days. MTN GHANA LTD is generating 0.1301% of daily returns and assumes 1.1678% volatility on return distribution over the 90 days horizon. Simply put, 10% of stocks are less volatile than MTN, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
MTN GHANA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MTN GHANA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as MTN GHANA LTD, and traders can use it to determine the average amount a MTN GHANA'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 = 0.1114
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| Cash | MTNGH | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.17 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average MTN GHANA is performing at about 8% 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 MTN GHANA by adding it to a well-diversified portfolio.
Things to note about MTN GHANA LTD performance evaluation
Checking the ongoing alerts about MTN GHANA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for MTN GHANA LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating MTN GHANA's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate MTN GHANA's stock performance include:- Analyzing MTN GHANA'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 MTN GHANA's stock is overvalued or undervalued compared to its peers.
- Examining MTN GHANA'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 MTN GHANA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of MTN GHANA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MTN GHANA's stock. These opinions can provide insight into MTN GHANA's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for MTN Stock analysis
When running MTN GHANA's price analysis, check to measure MTN GHANA'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 MTN GHANA is operating at the current time. Most of MTN GHANA's value examination focuses on studying past and present price action to predict the probability of MTN GHANA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MTN GHANA's price. Additionally, you may evaluate how the addition of MTN GHANA to your portfolios can decrease your overall portfolio volatility.
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