NESTLE NIGERIA (Nigeria) Performance
| NESTLE Stock | 875.00 0.00 0.00% |
The company secures a Beta (Market Risk) of 0.0822, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NESTLE NIGERIA's returns are expected to increase less than the market. However, during the bear market, the loss of holding NESTLE NIGERIA is expected to be smaller as well. At this point, NESTLE NIGERIA PLC has a negative expected return of -0.0178%. Please make sure to verify NESTLE NIGERIA's risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to decide if NESTLE NIGERIA PLC performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days NESTLE NIGERIA PLC has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong essential indicators, NESTLE NIGERIA is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
NESTLE |
NESTLE NIGERIA Relative Risk vs. Return Landscape
If you would invest 88,500 in NESTLE NIGERIA PLC on October 23, 2024 and sell it today you would lose (1,000.00) from holding NESTLE NIGERIA PLC or give up 1.13% of portfolio value over 90 days. NESTLE NIGERIA PLC is generating negative expected returns and assumes 0.5931% volatility on return distribution over the 90 days horizon. Simply put, 5% of stocks are less volatile than NESTLE, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NESTLE NIGERIA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NESTLE NIGERIA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NESTLE NIGERIA PLC, and traders can use it to determine the average amount a NESTLE NIGERIA'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 = -0.0301
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| Negative Returns | NESTLE |
Estimated Market Risk
| 0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.02 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 NESTLE NIGERIA 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 NESTLE NIGERIA by adding NESTLE NIGERIA to a well-diversified portfolio.
Things to note about NESTLE NIGERIA PLC performance evaluation
Checking the ongoing alerts about NESTLE NIGERIA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NESTLE NIGERIA PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NESTLE NIGERIA PLC generated a negative expected return over the last 90 days |
- Analyzing NESTLE NIGERIA'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 NESTLE NIGERIA's stock is overvalued or undervalued compared to its peers.
- Examining NESTLE NIGERIA'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 NESTLE NIGERIA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NESTLE NIGERIA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NESTLE NIGERIA's stock. These opinions can provide insight into NESTLE NIGERIA's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NESTLE Stock analysis
When running NESTLE NIGERIA's price analysis, check to measure NESTLE NIGERIA'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 NESTLE NIGERIA is operating at the current time. Most of NESTLE NIGERIA's value examination focuses on studying past and present price action to predict the probability of NESTLE NIGERIA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NESTLE NIGERIA's price. Additionally, you may evaluate how the addition of NESTLE NIGERIA to your portfolios can decrease your overall portfolio volatility.
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