Waaree Energies (India) Performance
| WAAREEENER | 2,698 71.35 2.58% |
On a scale of 0 to 100, Waaree Energies holds a performance score of 6. The firm maintains a market beta of 1.12, which attests to a somewhat significant risk relative to the market. Waaree Energies returns are very sensitive to returns on the market. As the market goes up or down, Waaree Energies is expected to follow. Please check Waaree Energies' downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Waaree Energies' historical returns will revert.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Waaree Energies Limited are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak basic indicators, Waaree Energies exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Waaree |
Waaree Energies Relative Risk vs. Return Landscape
If you would invest 233,890 in Waaree Energies Limited on October 11, 2024 and sell it today you would earn a total of 35,875 from holding Waaree Energies Limited or generate 15.34% return on investment over 90 days. Waaree Energies Limited is generating 0.3847% of daily returns and assumes 4.5361% volatility on return distribution over the 90 days horizon. Simply put, 40% of stocks are less volatile than Waaree, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Waaree Energies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Waaree Energies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Waaree Energies Limited, and traders can use it to determine the average amount a Waaree Energies' 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 = 0.0848
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Estimated Market Risk
| 4.54 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Waaree Energies is performing at about 6% of its full potential. 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 Waaree Energies by adding it to a well-diversified portfolio.
About Waaree Energies Performance
By analyzing Waaree Energies' fundamental ratios, stakeholders can gain valuable insights into Waaree Energies' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Waaree Energies 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 Waaree Energies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Waaree Energies is entity of India. It is traded as Stock on NSE exchange.Things to note about Waaree Energies performance evaluation
Checking the ongoing alerts about Waaree Energies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Waaree Energies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Waaree Energies had very high historical volatility over the last 90 days |
- Analyzing Waaree Energies' 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 Waaree Energies' stock is overvalued or undervalued compared to its peers.
- Examining Waaree Energies' 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 Waaree Energies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Waaree Energies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Waaree Energies' stock. These opinions can provide insight into Waaree Energies' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Waaree Stock analysis
When running Waaree Energies' price analysis, check to measure Waaree Energies' 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 Waaree Energies is operating at the current time. Most of Waaree Energies' value examination focuses on studying past and present price action to predict the probability of Waaree Energies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waaree Energies' price. Additionally, you may evaluate how the addition of Waaree Energies to your portfolios can decrease your overall portfolio volatility.
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