ZAHIDJEE Textile (Pakistan) Performance
| ZAHID Stock | 30.15 1.77 6.24% |
The firm maintains a market beta of -0.0238, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ZAHIDJEE Textile are expected to decrease at a much lower rate. During the bear market, ZAHIDJEE Textile is likely to outperform the market. At this point, ZAHIDJEE Textile Mills has a negative expected return of -0.0462%. Please make sure to check out ZAHIDJEE Textile's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if ZAHIDJEE Textile Mills performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days ZAHIDJEE Textile Mills has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent technical indicators, ZAHIDJEE Textile is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
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ZAHIDJEE Textile Relative Risk vs. Return Landscape
If you would invest 3,189 in ZAHIDJEE Textile Mills on August 30, 2024 and sell it today you would lose (174.00) from holding ZAHIDJEE Textile Mills or give up 5.46% of portfolio value over 90 days. ZAHIDJEE Textile Mills is generating negative expected returns and assumes 4.39% volatility on return distribution over the 90 days horizon. Simply put, 39% of stocks are less volatile than ZAHIDJEE, 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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ZAHIDJEE Textile Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZAHIDJEE Textile's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ZAHIDJEE Textile Mills, and traders can use it to determine the average amount a ZAHIDJEE Textile'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 = -0.0105
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| Negative Returns | ZAHID |
Estimated Market Risk
| 4.39 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ZAHIDJEE Textile 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 ZAHIDJEE Textile by adding ZAHIDJEE Textile to a well-diversified portfolio.
About ZAHIDJEE Textile Performance
By examining ZAHIDJEE Textile's fundamental ratios, stakeholders can obtain critical insights into ZAHIDJEE Textile's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that ZAHIDJEE Textile is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about ZAHIDJEE Textile Mills performance evaluation
Checking the ongoing alerts about ZAHIDJEE Textile for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ZAHIDJEE Textile Mills help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ZAHIDJEE Textile generated a negative expected return over the last 90 days | |
| ZAHIDJEE Textile has high historical volatility and very poor performance |
- Analyzing ZAHIDJEE Textile'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 ZAHIDJEE Textile's stock is overvalued or undervalued compared to its peers.
- Examining ZAHIDJEE Textile'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 ZAHIDJEE Textile's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ZAHIDJEE Textile's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ZAHIDJEE Textile's stock. These opinions can provide insight into ZAHIDJEE Textile's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in ZAHIDJEE Stock
ZAHIDJEE Textile financial ratios help investors to determine whether ZAHIDJEE Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ZAHIDJEE with respect to the benefits of owning ZAHIDJEE Textile security.