UMEME (Uganda) Performance
| UMEM Stock | 420.00 0.00 0.00% |
The entity has a beta of 0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, UMEME's returns are expected to increase less than the market. However, during the bear market, the loss of holding UMEME is expected to be smaller as well. At this point, UMEME LIMITED has a negative expected return of -0.0331%. Please make sure to validate UMEME's variance, jensen alpha, value at risk, as well as the relationship between the information ratio and maximum drawdown , to decide if UMEME LIMITED performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days UMEME LIMITED has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, UMEME is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
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UMEME Relative Risk vs. Return Landscape
If you would invest 43,047 in UMEME LIMITED on August 30, 2024 and sell it today you would lose (1,047) from holding UMEME LIMITED or give up 2.43% of portfolio value over 90 days. UMEME LIMITED is generating negative expected returns and assumes 1.0371% volatility on return distribution over the 90 days horizon. Simply put, 9% of stocks are less volatile than UMEME, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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UMEME Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for UMEME's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as UMEME LIMITED, and traders can use it to determine the average amount a UMEME'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 = -0.0319
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| Negative Returns | UMEM |
Estimated Market Risk
| 1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average UMEME 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 UMEME by adding UMEME to a well-diversified portfolio.
Things to note about UMEME LIMITED performance evaluation
Checking the ongoing alerts about UMEME for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for UMEME LIMITED help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| UMEME LIMITED generated a negative expected return over the last 90 days |
- Analyzing UMEME'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 UMEME's stock is overvalued or undervalued compared to its peers.
- Examining UMEME'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 UMEME's management team can have a significant impact on its success or failure. Reviewing the track record and experience of UMEME's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of UMEME's stock. These opinions can provide insight into UMEME's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for UMEME Stock Analysis
When running UMEME's price analysis, check to measure UMEME'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 UMEME is operating at the current time. Most of UMEME's value examination focuses on studying past and present price action to predict the probability of UMEME's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UMEME's price. Additionally, you may evaluate how the addition of UMEME to your portfolios can decrease your overall portfolio volatility.