QUIDELORTHO (Germany) Performance
| QL1A Stock | 39.20 2.60 7.10% |
The company holds a Beta of 0.46, which implies possible diversification benefits within a given portfolio. As returns on the market increase, QUIDELORTHO's returns are expected to increase less than the market. However, during the bear market, the loss of holding QUIDELORTHO is expected to be smaller as well. At this point, QUIDELORTHO DL 001 has a negative expected return of -0.0049%. Please make sure to check QUIDELORTHO's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if QUIDELORTHO DL 001 performance from the past will be repeated at future time.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days QUIDELORTHO DL 001 has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, QUIDELORTHO is not utilizing all of its potentials. The newest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
QUIDELORTHO |
QUIDELORTHO Relative Risk vs. Return Landscape
If you would invest 4,060 in QUIDELORTHO DL 001 on September 12, 2024 and sell it today you would lose (140.00) from holding QUIDELORTHO DL 001 or give up 3.45% of portfolio value over 90 days. QUIDELORTHO DL 001 is producing return of less than zero assuming 3.2032% volatility of returns over the 90 days investment horizon. Simply put, 28% of all stocks have less volatile historical return distribution than QUIDELORTHO, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
QUIDELORTHO Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for QUIDELORTHO's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as QUIDELORTHO DL 001, and traders can use it to determine the average amount a QUIDELORTHO'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 = -0.0015
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | QL1A |
Estimated Market Risk
| 3.2 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average QUIDELORTHO 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 QUIDELORTHO by adding QUIDELORTHO to a well-diversified portfolio.
Things to note about QUIDELORTHO DL 001 performance evaluation
Checking the ongoing alerts about QUIDELORTHO for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for QUIDELORTHO DL 001 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| QUIDELORTHO DL 001 generated a negative expected return over the last 90 days | |
| QUIDELORTHO DL 001 has high historical volatility and very poor performance |
- Analyzing QUIDELORTHO'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 QUIDELORTHO's stock is overvalued or undervalued compared to its peers.
- Examining QUIDELORTHO'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 QUIDELORTHO's management team can have a significant impact on its success or failure. Reviewing the track record and experience of QUIDELORTHO's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of QUIDELORTHO's stock. These opinions can provide insight into QUIDELORTHO's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for QUIDELORTHO Stock analysis
When running QUIDELORTHO's price analysis, check to measure QUIDELORTHO'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 QUIDELORTHO is operating at the current time. Most of QUIDELORTHO's value examination focuses on studying past and present price action to predict the probability of QUIDELORTHO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move QUIDELORTHO's price. Additionally, you may evaluate how the addition of QUIDELORTHO to your portfolios can decrease your overall portfolio volatility.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |