Union Chemicals (Sri Lanka) Performance
| UCARN0000 | 669.00 101.25 13.15% |
The entity has a beta of -0.72, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Union Chemicals are expected to decrease at a much lower rate. During the bear market, Union Chemicals is likely to outperform the market. At this point, Union Chemicals Lanka has a negative expected return of -0.15%. Please make sure to validate Union Chemicals' potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Union Chemicals Lanka performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Union Chemicals Lanka has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
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Union Chemicals Relative Risk vs. Return Landscape
If you would invest 72,975 in Union Chemicals Lanka on January 11, 2025 and sell it today you would lose (6,075) from holding Union Chemicals Lanka or give up 8.32% of portfolio value over 90 days. Union Chemicals Lanka is generating negative expected returns and assumes 2.1522% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Union, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Union Chemicals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Union Chemicals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Union Chemicals Lanka, and traders can use it to determine the average amount a Union Chemicals' 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 = -0.071
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| Negative Returns | UCARN0000 |
Estimated Market Risk
| 2.15 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Union Chemicals 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 Union Chemicals by adding Union Chemicals to a well-diversified portfolio.
About Union Chemicals Performance
By analyzing Union Chemicals' fundamental ratios, stakeholders can gain valuable insights into Union Chemicals' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Union Chemicals 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 Union Chemicals 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 Union Chemicals Lanka performance evaluation
Checking the ongoing alerts about Union Chemicals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Union Chemicals Lanka help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Union Chemicals generated a negative expected return over the last 90 days |
- Analyzing Union Chemicals' 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 Union Chemicals' stock is overvalued or undervalued compared to its peers.
- Examining Union Chemicals' 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 Union Chemicals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Union Chemicals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Union Chemicals' stock. These opinions can provide insight into Union Chemicals' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Union Stock analysis
When running Union Chemicals' price analysis, check to measure Union Chemicals' 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 Union Chemicals is operating at the current time. Most of Union Chemicals' value examination focuses on studying past and present price action to predict the probability of Union Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Union Chemicals' price. Additionally, you may evaluate how the addition of Union Chemicals to your portfolios can decrease your overall portfolio volatility.
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