ZYMEWORKS DL-00001 (Germany) Performance
| ZA8 Stock | 12.50 1.10 8.09% |
On a scale of 0 to 100, ZYMEWORKS DL-00001 holds a performance score of 8. The firm maintains a market beta of 0.3, which attests to not very significant fluctuations relative to the market. As returns on the market increase, ZYMEWORKS DL-00001's returns are expected to increase less than the market. However, during the bear market, the loss of holding ZYMEWORKS DL-00001 is expected to be smaller as well. Please check ZYMEWORKS DL-00001's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether ZYMEWORKS DL-00001's historical returns will revert.
Risk-Adjusted Performance
8 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in ZYMEWORKS DL 00001 are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain basic indicators, ZYMEWORKS DL-00001 reported solid returns over the last few months and may actually be approaching a breakup point. ...more
ZYMEWORKS |
ZYMEWORKS DL-00001 Relative Risk vs. Return Landscape
If you would invest 1,010 in ZYMEWORKS DL 00001 on August 27, 2024 and sell it today you would earn a total of 240.00 from holding ZYMEWORKS DL 00001 or generate 23.76% return on investment over 90 days. ZYMEWORKS DL 00001 is currently producing 0.3886% returns and takes up 3.5327% volatility of returns over 90 trading days. Put another way, 31% of traded stocks are less volatile than ZYMEWORKS, and 93% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
ZYMEWORKS DL-00001 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZYMEWORKS DL-00001's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ZYMEWORKS DL 00001, and traders can use it to determine the average amount a ZYMEWORKS DL-00001'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 = 0.11
| Best Portfolio | Best Equity | |||
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| Small Returns | ZA8 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.53 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average ZYMEWORKS DL-00001 is performing at about 8% 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 ZYMEWORKS DL-00001 by adding it to a well-diversified portfolio.
Things to note about ZYMEWORKS DL 00001 performance evaluation
Checking the ongoing alerts about ZYMEWORKS DL-00001 for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ZYMEWORKS DL 00001 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ZYMEWORKS DL 00001 had very high historical volatility over the last 90 days |
- Analyzing ZYMEWORKS DL-00001'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 ZYMEWORKS DL-00001's stock is overvalued or undervalued compared to its peers.
- Examining ZYMEWORKS DL-00001'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 ZYMEWORKS DL-00001's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ZYMEWORKS DL-00001's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ZYMEWORKS DL-00001's stock. These opinions can provide insight into ZYMEWORKS DL-00001's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for ZYMEWORKS Stock analysis
When running ZYMEWORKS DL-00001's price analysis, check to measure ZYMEWORKS DL-00001'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 ZYMEWORKS DL-00001 is operating at the current time. Most of ZYMEWORKS DL-00001's value examination focuses on studying past and present price action to predict the probability of ZYMEWORKS DL-00001's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZYMEWORKS DL-00001's price. Additionally, you may evaluate how the addition of ZYMEWORKS DL-00001 to your portfolios can decrease your overall portfolio volatility.
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