CORONATION INSURANCE (Nigeria) Performance
| WAPIC Stock | 1.05 0.01 0.96% |
On a scale of 0 to 100, CORONATION INSURANCE holds a performance score of 9. The firm shows a Beta (market volatility) of 0.0156, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CORONATION INSURANCE's returns are expected to increase less than the market. However, during the bear market, the loss of holding CORONATION INSURANCE is expected to be smaller as well. Please check CORONATION INSURANCE's value at risk, kurtosis, market facilitation index, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether CORONATION INSURANCE's price patterns will revert.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in CORONATION INSURANCE PLC are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of fairly inconsistent forward indicators, CORONATION INSURANCE showed solid returns over the last few months and may actually be approaching a breakup point. ...more
CORONATION |
CORONATION INSURANCE Relative Risk vs. Return Landscape
If you would invest 80.00 in CORONATION INSURANCE PLC on August 28, 2024 and sell it today you would earn a total of 25.00 from holding CORONATION INSURANCE PLC or generate 31.25% return on investment over 90 days. CORONATION INSURANCE PLC is generating 0.5184% of daily returns and assumes 4.1617% volatility on return distribution over the 90 days horizon. Simply put, 37% of stocks are less volatile than CORONATION, and 90% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CORONATION INSURANCE Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CORONATION INSURANCE's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CORONATION INSURANCE PLC, and traders can use it to determine the average amount a CORONATION INSURANCE'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 = 0.1246
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | WAPIC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.16 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average CORONATION INSURANCE is performing at about 9% 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 CORONATION INSURANCE by adding it to a well-diversified portfolio.
Things to note about CORONATION INSURANCE PLC performance evaluation
Checking the ongoing alerts about CORONATION INSURANCE for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CORONATION INSURANCE PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| CORONATION INSURANCE has some characteristics of a very speculative penny stock | |
| CORONATION INSURANCE appears to be risky and price may revert if volatility continues |
- Analyzing CORONATION INSURANCE'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 CORONATION INSURANCE's stock is overvalued or undervalued compared to its peers.
- Examining CORONATION INSURANCE'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 CORONATION INSURANCE's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CORONATION INSURANCE's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CORONATION INSURANCE's stock. These opinions can provide insight into CORONATION INSURANCE's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for CORONATION Stock Analysis
When running CORONATION INSURANCE's price analysis, check to measure CORONATION INSURANCE'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 CORONATION INSURANCE is operating at the current time. Most of CORONATION INSURANCE's value examination focuses on studying past and present price action to predict the probability of CORONATION INSURANCE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CORONATION INSURANCE's price. Additionally, you may evaluate how the addition of CORONATION INSURANCE to your portfolios can decrease your overall portfolio volatility.