NewMed Energy (Israel) Performance
| NWMD Stock | 1,230 14.00 1.13% |
On a scale of 0 to 100, NewMed Energy holds a performance score of 17. The company secures a Beta (Market Risk) of 0.46, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NewMed Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding NewMed Energy is expected to be smaller as well. Please check NewMed Energy's treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to make a quick decision on whether NewMed Energy's current price movements will revert.
Risk-Adjusted Performance
17 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in NewMed Energy are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. Despite somewhat uncertain basic indicators, NewMed Energy sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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NewMed Energy Relative Risk vs. Return Landscape
If you would invest 104,103 in NewMed Energy on October 22, 2024 and sell it today you would earn a total of 18,897 from holding NewMed Energy or generate 18.15% return on investment over 90 days. NewMed Energy is generating 0.3532% of daily returns and assumes 1.5857% volatility on return distribution over the 90 days horizon. Simply put, 14% of stocks are less volatile than NewMed, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NewMed Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NewMed Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NewMed Energy , and traders can use it to determine the average amount a NewMed Energy'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 = 0.2227
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Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average NewMed Energy is performing at about 17% 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 NewMed Energy by adding it to a well-diversified portfolio.
Things to note about NewMed Energy performance evaluation
Checking the ongoing alerts about NewMed Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NewMed Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating NewMed Energy's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate NewMed Energy's stock performance include:- Analyzing NewMed Energy'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 NewMed Energy's stock is overvalued or undervalued compared to its peers.
- Examining NewMed Energy'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 NewMed Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NewMed Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NewMed Energy's stock. These opinions can provide insight into NewMed Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NewMed Stock analysis
When running NewMed Energy's price analysis, check to measure NewMed Energy'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 NewMed Energy is operating at the current time. Most of NewMed Energy's value examination focuses on studying past and present price action to predict the probability of NewMed Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewMed Energy's price. Additionally, you may evaluate how the addition of NewMed Energy to your portfolios can decrease your overall portfolio volatility.
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