NEIMETH INTERNATIONAL (Nigeria) Performance
| NEIMETH Stock | 2.05 0.14 7.33% |
NEIMETH INTERNATIONAL has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0582, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NEIMETH INTERNATIONAL's returns are expected to increase less than the market. However, during the bear market, the loss of holding NEIMETH INTERNATIONAL is expected to be smaller as well. NEIMETH INTERNATIONAL now secures a risk of 3.27%. Please verify NEIMETH INTERNATIONAL PHARMACEUTICAL total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to decide if NEIMETH INTERNATIONAL PHARMACEUTICAL will be following its current price movements.
Risk-Adjusted Performance
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Very Weak
Compared to the overall equity markets, risk-adjusted returns on investments in NEIMETH INTERNATIONAL PHARMACEUTICAL are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite fairly strong basic indicators, NEIMETH INTERNATIONAL is not utilizing all of its potentials. The recent stock price confusion, may contribute to short-horizon losses for the traders. ...more
NEIMETH |
NEIMETH INTERNATIONAL Relative Risk vs. Return Landscape
If you would invest 200.00 in NEIMETH INTERNATIONAL PHARMACEUTICAL on September 19, 2024 and sell it today you would earn a total of 5.00 from holding NEIMETH INTERNATIONAL PHARMACEUTICAL or generate 2.5% return on investment over 90 days. NEIMETH INTERNATIONAL PHARMACEUTICAL is generating 0.0916% of daily returns and assumes 3.2702% volatility on return distribution over the 90 days horizon. Simply put, 29% of stocks are less volatile than NEIMETH, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NEIMETH INTERNATIONAL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NEIMETH INTERNATIONAL's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NEIMETH INTERNATIONAL PHARMACEUTICAL, and traders can use it to determine the average amount a NEIMETH INTERNATIONAL'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 = 0.028
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Estimated Market Risk
| 3.27 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average NEIMETH INTERNATIONAL is performing at about 2% 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 NEIMETH INTERNATIONAL by adding it to a well-diversified portfolio.
Things to note about NEIMETH INTERNATIONAL performance evaluation
Checking the ongoing alerts about NEIMETH INTERNATIONAL for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NEIMETH INTERNATIONAL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NEIMETH INTERNATIONAL had very high historical volatility over the last 90 days |
- Analyzing NEIMETH INTERNATIONAL'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 NEIMETH INTERNATIONAL's stock is overvalued or undervalued compared to its peers.
- Examining NEIMETH INTERNATIONAL'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 NEIMETH INTERNATIONAL's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NEIMETH INTERNATIONAL's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NEIMETH INTERNATIONAL's stock. These opinions can provide insight into NEIMETH INTERNATIONAL's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NEIMETH Stock analysis
When running NEIMETH INTERNATIONAL's price analysis, check to measure NEIMETH INTERNATIONAL'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 NEIMETH INTERNATIONAL is operating at the current time. Most of NEIMETH INTERNATIONAL's value examination focuses on studying past and present price action to predict the probability of NEIMETH INTERNATIONAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEIMETH INTERNATIONAL's price. Additionally, you may evaluate how the addition of NEIMETH INTERNATIONAL to your portfolios can decrease your overall portfolio volatility.
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