WEMA BANK (Nigeria) Performance
| WEMABANK | 8.75 0.15 1.69% |
On a scale of 0 to 100, WEMA BANK holds a performance score of 13. The firm maintains a market beta of -0.77, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning WEMA BANK are expected to decrease at a much lower rate. During the bear market, WEMA BANK is likely to outperform the market. Please check WEMA BANK's sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to make a quick decision on whether WEMA BANK's historical returns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in WEMA BANK PLC are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of very uncertain basic indicators, WEMA BANK displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
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WEMA BANK Relative Risk vs. Return Landscape
If you would invest 645.00 in WEMA BANK PLC on September 2, 2024 and sell it today you would earn a total of 230.00 from holding WEMA BANK PLC or generate 35.66% return on investment over 90 days. WEMA BANK PLC is generating 0.5194% of daily returns and assumes 2.9355% volatility on return distribution over the 90 days horizon. Simply put, 26% of stocks are less volatile than WEMA, and 90% 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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WEMA BANK Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WEMA BANK's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as WEMA BANK PLC, and traders can use it to determine the average amount a WEMA BANK'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 = 0.1769
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.94 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average WEMA BANK is performing at about 13% 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 WEMA BANK by adding it to a well-diversified portfolio.
Things to note about WEMA BANK PLC performance evaluation
Checking the ongoing alerts about WEMA BANK for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for WEMA BANK PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating WEMA BANK's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate WEMA BANK's stock performance include:- Analyzing WEMA BANK'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 WEMA BANK's stock is overvalued or undervalued compared to its peers.
- Examining WEMA BANK'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 WEMA BANK's management team can have a significant impact on its success or failure. Reviewing the track record and experience of WEMA BANK's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of WEMA BANK's stock. These opinions can provide insight into WEMA BANK's potential for growth and whether the stock is currently undervalued or overvalued.