Coronation Industrial (South Africa) Manager Performance Evaluation
| 0P0000IR56 | 299.08 2.86 0.97% |
The fund shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Coronation Industrial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Coronation Industrial is expected to be smaller as well.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Coronation Industrial are ranked lower than 13 (%) of all funds and portfolios of funds over the last 90 days. Despite fairly inconsistent basic indicators, Coronation Industrial may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...moreCoronation |
Coronation Industrial Relative Risk vs. Return Landscape
If you would invest 27,079 in Coronation Industrial on September 16, 2024 and sell it today you would earn a total of 2,829 from holding Coronation Industrial or generate 10.45% return on investment over 90 days. Coronation Industrial is generating 0.1624% of daily returns and assumes 0.9728% volatility on return distribution over the 90 days horizon. Simply put, 8% of funds are less volatile than Coronation, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Coronation Industrial Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coronation Industrial's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Coronation Industrial, and traders can use it to determine the average amount a Coronation Industrial'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 = 0.167
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 0P0000IR56 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Coronation Industrial 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 Coronation Industrial by adding it to a well-diversified portfolio.
Things to note about Coronation Industrial performance evaluation
Checking the ongoing alerts about Coronation Industrial for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Coronation Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Coronation Industrial's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Coronation Industrial's fund performance include:- Analyzing Coronation Industrial'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 Industrial's stock is overvalued or undervalued compared to its peers.
- Examining Coronation Industrial'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 Industrial's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Coronation Industrial's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Coronation Industrial's fund. These opinions can provide insight into Coronation Industrial's potential for growth and whether the stock is currently undervalued or overvalued.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |