PICIC Insurance (Pakistan) Performance
| PIL Stock | 1.61 0.36 18.27% |
The company owns a Beta (Systematic Risk) of 0.94, which implies possible diversification benefits within a given portfolio. PICIC Insurance returns are very sensitive to returns on the market. As the market goes up or down, PICIC Insurance is expected to follow. PICIC Insurance now owns a risk of 5.72%. Please check PICIC Insurance downside deviation, total risk alpha, value at risk, as well as the relationship between the information ratio and treynor ratio , to decide if PICIC Insurance will be following its current price history.
Risk-Adjusted Performance
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Insignificant
Over the last 90 days PICIC Insurance has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, PICIC Insurance is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
PICIC |
PICIC Insurance Relative Risk vs. Return Landscape
If you would invest 174.00 in PICIC Insurance on August 24, 2024 and sell it today you would lose (13.00) from holding PICIC Insurance or give up 7.47% of portfolio value over 90 days. PICIC Insurance is generating 0.0395% of daily returns and assumes 5.7209% volatility on return distribution over the 90 days horizon. Simply put, 50% of stocks are less volatile than PICIC, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
PICIC Insurance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for PICIC Insurance's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as PICIC Insurance, and traders can use it to determine the average amount a PICIC Insurance'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 = 0.0069
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PIL |
Estimated Market Risk
| 5.72 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PICIC Insurance 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 PICIC Insurance by adding PICIC Insurance to a well-diversified portfolio.
About PICIC Insurance Performance
Assessing PICIC Insurance's fundamental ratios provides investors with valuable insights into PICIC Insurance's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the PICIC Insurance is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about PICIC Insurance performance evaluation
Checking the ongoing alerts about PICIC Insurance for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for PICIC Insurance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| PICIC Insurance had very high historical volatility over the last 90 days | |
| PICIC Insurance may become a speculative penny stock |
- Analyzing PICIC Insurance'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 PICIC Insurance's stock is overvalued or undervalued compared to its peers.
- Examining PICIC Insurance'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 PICIC Insurance's management team can have a significant impact on its success or failure. Reviewing the track record and experience of PICIC Insurance's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of PICIC Insurance's stock. These opinions can provide insight into PICIC Insurance's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for PICIC Stock Analysis
When running PICIC Insurance's price analysis, check to measure PICIC Insurance'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 PICIC Insurance is operating at the current time. Most of PICIC Insurance's value examination focuses on studying past and present price action to predict the probability of PICIC Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PICIC Insurance's price. Additionally, you may evaluate how the addition of PICIC Insurance to your portfolios can decrease your overall portfolio volatility.