Pace Pakistan (Pakistan) Performance
| PACE Stock | 7.01 0.21 2.91% |
On a scale of 0 to 100, Pace Pakistan holds a performance score of 8. The company holds a Beta of 0.21, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pace Pakistan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pace Pakistan is expected to be smaller as well. Please check Pace Pakistan's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Pace Pakistan's historical price patterns will revert.
Risk-Adjusted Performance
8 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Pace Pakistan are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Pace Pakistan sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Pace |
Pace Pakistan Relative Risk vs. Return Landscape
If you would invest 545.00 in Pace Pakistan on October 12, 2024 and sell it today you would earn a total of 156.00 from holding Pace Pakistan or generate 28.62% return on investment over 90 days. Pace Pakistan is generating 0.4999% of daily returns and assumes 4.3941% volatility on return distribution over the 90 days horizon. Simply put, 39% of stocks are less volatile than Pace, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Pace Pakistan Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pace Pakistan's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Pace Pakistan, and traders can use it to determine the average amount a Pace Pakistan'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 = 0.1138
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.39 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Pace Pakistan 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 Pace Pakistan by adding it to a well-diversified portfolio.
Things to note about Pace Pakistan performance evaluation
Checking the ongoing alerts about Pace Pakistan for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Pace Pakistan help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Pace Pakistan had very high historical volatility over the last 90 days |
- Analyzing Pace Pakistan'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 Pace Pakistan's stock is overvalued or undervalued compared to its peers.
- Examining Pace Pakistan'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 Pace Pakistan's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pace Pakistan's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Pace Pakistan's stock. These opinions can provide insight into Pace Pakistan's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Pace Stock analysis
When running Pace Pakistan's price analysis, check to measure Pace Pakistan'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 Pace Pakistan is operating at the current time. Most of Pace Pakistan's value examination focuses on studying past and present price action to predict the probability of Pace Pakistan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pace Pakistan's price. Additionally, you may evaluate how the addition of Pace Pakistan to your portfolios can decrease your overall portfolio volatility.
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