Namwiwat Medical (Thailand) Performance
| NAM Stock | 4.34 0.02 0.46% |
The company secures a Beta (Market Risk) of -0.0054, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Namwiwat Medical are expected to decrease at a much lower rate. During the bear market, Namwiwat Medical is likely to outperform the market. At this point, Namwiwat Medical has a negative expected return of -0.0477%. Please make sure to verify Namwiwat Medical's total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Namwiwat Medical performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Namwiwat Medical has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent primary indicators, Namwiwat Medical is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
Namwiwat |
Namwiwat Medical Relative Risk vs. Return Landscape
If you would invest 450.00 in Namwiwat Medical on November 27, 2024 and sell it today you would lose (16.00) from holding Namwiwat Medical or give up 3.56% of portfolio value over 90 days. Namwiwat Medical is producing return of less than zero assuming 1.6652% volatility of returns over the 90 days investment horizon. Simply put, 14% of all stocks have less volatile historical return distribution than Namwiwat Medical, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Namwiwat Medical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Namwiwat Medical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Namwiwat Medical, and traders can use it to determine the average amount a Namwiwat 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 = -0.0287
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| Negative Returns | NAM |
Estimated Market Risk
| 1.67 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Namwiwat Medical 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 Namwiwat Medical by adding Namwiwat Medical to a well-diversified portfolio.
Things to note about Namwiwat Medical performance evaluation
Checking the ongoing alerts about Namwiwat Medical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Namwiwat Medical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Namwiwat Medical generated a negative expected return over the last 90 days |
- Analyzing Namwiwat 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 Namwiwat Medical's stock is overvalued or undervalued compared to its peers.
- Examining Namwiwat 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 Namwiwat Medical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Namwiwat Medical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Namwiwat Medical's stock. These opinions can provide insight into Namwiwat Medical's potential for growth and whether the stock is currently undervalued or overvalued.