ZENITH BANK (Nigeria) Performance
| ZENITHBANK | 50.65 0.25 0.49% |
On a scale of 0 to 100, ZENITH BANK holds a performance score of 19. The firm maintains a market beta of -0.48, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ZENITH BANK are expected to decrease at a much lower rate. During the bear market, ZENITH BANK is likely to outperform the market. Please check ZENITH BANK's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether ZENITH BANK's historical returns will revert.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in ZENITH BANK PLC are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. Despite somewhat inconsistent basic indicators, ZENITH BANK sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
ZENITH |
ZENITH BANK Relative Risk vs. Return Landscape
If you would invest 4,065 in ZENITH BANK PLC on November 2, 2024 and sell it today you would earn a total of 1,000.00 from holding ZENITH BANK PLC or generate 24.6% return on investment over 90 days. ZENITH BANK PLC is generating 0.3722% of daily returns and assumes 1.5056% volatility on return distribution over the 90 days horizon. Simply put, 13% of stocks are less volatile than ZENITH, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ZENITH BANK Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZENITH BANK's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ZENITH BANK PLC, and traders can use it to determine the average amount a ZENITH 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 = 0.2472
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Estimated Market Risk
| 1.51 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average ZENITH BANK is performing at about 19% 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 ZENITH BANK by adding it to a well-diversified portfolio.
Things to note about ZENITH BANK PLC performance evaluation
Checking the ongoing alerts about ZENITH BANK for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ZENITH 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 ZENITH BANK's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate ZENITH BANK's stock performance include:- Analyzing ZENITH 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 ZENITH BANK's stock is overvalued or undervalued compared to its peers.
- Examining ZENITH 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 ZENITH BANK's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ZENITH BANK's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ZENITH BANK's stock. These opinions can provide insight into ZENITH BANK's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for ZENITH Stock analysis
When running ZENITH BANK's price analysis, check to measure ZENITH BANK'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 ZENITH BANK is operating at the current time. Most of ZENITH BANK's value examination focuses on studying past and present price action to predict the probability of ZENITH BANK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZENITH BANK's price. Additionally, you may evaluate how the addition of ZENITH BANK to your portfolios can decrease your overall portfolio volatility.
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