Sitara Chemical (Pakistan) Performance
| SITC Stock | 282.69 10.80 3.68% |
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Sitara Chemical are completely uncorrelated. At this point, Sitara Chemical Indu has a negative expected return of -0.0227%. Please make sure to validate Sitara Chemical's potential upside, semi variance, skewness, as well as the relationship between the downside variance and expected short fall , to decide if Sitara Chemical Indu performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Sitara Chemical Industries has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Sitara Chemical is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Sitara |
Sitara Chemical Relative Risk vs. Return Landscape
If you would invest 29,162 in Sitara Chemical Industries on August 25, 2024 and sell it today you would lose (893.00) from holding Sitara Chemical Industries or give up 3.06% of portfolio value over 90 days. Sitara Chemical Industries is generating negative expected returns and assumes 2.3586% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than Sitara, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Sitara Chemical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sitara Chemical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sitara Chemical Industries, and traders can use it to determine the average amount a Sitara Chemical'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 = -0.0096
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| Negative Returns | SITC |
Estimated Market Risk
| 2.36 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.02 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 Sitara Chemical 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 Sitara Chemical by adding Sitara Chemical to a well-diversified portfolio.
About Sitara Chemical Performance
By analyzing Sitara Chemical's fundamental ratios, stakeholders can gain valuable insights into Sitara Chemical's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Sitara Chemical has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Sitara Chemical has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Sitara Chemical Indu performance evaluation
Checking the ongoing alerts about Sitara Chemical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sitara Chemical Indu help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sitara Chemical Indu generated a negative expected return over the last 90 days |
- Analyzing Sitara Chemical'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 Sitara Chemical's stock is overvalued or undervalued compared to its peers.
- Examining Sitara Chemical'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 Sitara Chemical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sitara Chemical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sitara Chemical's stock. These opinions can provide insight into Sitara Chemical's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Sitara Stock analysis
When running Sitara Chemical's price analysis, check to measure Sitara Chemical'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 Sitara Chemical is operating at the current time. Most of Sitara Chemical's value examination focuses on studying past and present price action to predict the probability of Sitara Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sitara Chemical's price. Additionally, you may evaluate how the addition of Sitara Chemical to your portfolios can decrease your overall portfolio volatility.
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