NEXANS ADR (Germany) Performance
| NXS0 Stock | 51.00 0.50 0.99% |
The company secures a Beta (Market Risk) of -0.34, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning NEXANS ADR are expected to decrease at a much lower rate. During the bear market, NEXANS ADR is likely to outperform the market. At this point, NEXANS ADR EO has a negative expected return of -0.29%. Please make sure to verify NEXANS ADR's skewness, daily balance of power, day median price, as well as the relationship between the kurtosis and rate of daily change , to decide if NEXANS ADR EO performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days NEXANS ADR EO has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in February 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
NEXANS |
NEXANS ADR Relative Risk vs. Return Landscape
If you would invest 6,200 in NEXANS ADR EO on October 8, 2024 and sell it today you would lose (1,100) from holding NEXANS ADR EO or give up 17.74% of portfolio value over 90 days. NEXANS ADR EO is producing return of less than zero assuming 2.5277% volatility of returns over the 90 days investment horizon. Simply put, 22% of all stocks have less volatile historical return distribution than NEXANS ADR, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NEXANS ADR Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NEXANS ADR's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NEXANS ADR EO, and traders can use it to determine the average amount a NEXANS ADR'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 = -0.116
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| Negative Returns | NXS0 |
Estimated Market Risk
| 2.53 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NEXANS ADR 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 NEXANS ADR by adding NEXANS ADR to a well-diversified portfolio.
Things to note about NEXANS ADR EO performance evaluation
Checking the ongoing alerts about NEXANS ADR for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NEXANS ADR EO help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NEXANS ADR EO generated a negative expected return over the last 90 days |
- Analyzing NEXANS ADR'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 NEXANS ADR's stock is overvalued or undervalued compared to its peers.
- Examining NEXANS ADR'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 NEXANS ADR's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NEXANS ADR's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NEXANS ADR's stock. These opinions can provide insight into NEXANS ADR's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NEXANS Stock analysis
When running NEXANS ADR's price analysis, check to measure NEXANS ADR'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 NEXANS ADR is operating at the current time. Most of NEXANS ADR's value examination focuses on studying past and present price action to predict the probability of NEXANS ADR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXANS ADR's price. Additionally, you may evaluate how the addition of NEXANS ADR to your portfolios can decrease your overall portfolio volatility.
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