Nl Development (Thailand) Performance
| NL Stock | 1.13 0.01 0.89% |
Nl Development holds a performance score of 8 on a scale of zero to a hundred. The company owns a Beta (Systematic Risk) of -0.4, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Nl Development are expected to decrease at a much lower rate. During the bear market, Nl Development is likely to outperform the market. Use Nl Development Public potential upside, day median price, and the relationship between the total risk alpha and accumulation distribution , to analyze future returns on Nl Development Public.
Risk-Adjusted Performance
8 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Nl Development Public are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite quite unsteady fundamental drivers, Nl Development disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
Nl Development |
Nl Development Relative Risk vs. Return Landscape
If you would invest 156.00 in Nl Development Public on August 28, 2024 and sell it today you would lose (40.00) from holding Nl Development Public or give up 25.64% of portfolio value over 90 days. Nl Development Public is currently producing 14.0211% returns and takes up 127.9146% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Nl Development, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nl Development Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nl Development's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nl Development Public, and traders can use it to determine the average amount a Nl Development'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 = 0.1096
| Best Portfolio | Best Equity | NL | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 127.91 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Nl Development 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 Nl Development by adding it to a well-diversified portfolio.
Things to note about Nl Development Public performance evaluation
Checking the ongoing alerts about Nl Development for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nl Development Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nl Development is way too risky over 90 days horizon | |
| Nl Development may become a speculative penny stock | |
| Nl Development appears to be risky and price may revert if volatility continues |
- Analyzing Nl Development'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 Nl Development's stock is overvalued or undervalued compared to its peers.
- Examining Nl Development'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 Nl Development's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nl Development's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nl Development's stock. These opinions can provide insight into Nl Development's potential for growth and whether the stock is currently undervalued or overvalued.