Asiri Surgical (Sri Lanka) Performance
| AMSLN0000 | LKR 10.80 0.10 0.92% |
The firm shows a Beta (market volatility) of 0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Asiri Surgical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Asiri Surgical is expected to be smaller as well. At this point, Asiri Surgical Hospital has a negative expected return of -0.0858%. Please make sure to confirm Asiri Surgical's potential upside, and the relationship between the total risk alpha and kurtosis , to decide if Asiri Surgical Hospital performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Asiri Surgical Hospital has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Asiri Surgical is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Asiri |
Asiri Surgical Relative Risk vs. Return Landscape
If you would invest 1,150 in Asiri Surgical Hospital on September 19, 2024 and sell it today you would lose (70.00) from holding Asiri Surgical Hospital or give up 6.09% of portfolio value over 90 days. Asiri Surgical Hospital is generating negative expected returns and assumes 1.862% volatility on return distribution over the 90 days horizon. Simply put, 16% of stocks are less volatile than Asiri, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Asiri Surgical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asiri Surgical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Asiri Surgical Hospital, and traders can use it to determine the average amount a Asiri Surgical'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 = -0.0461
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| Negative Returns | AMSLN0000 |
Estimated Market Risk
| 1.86 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Asiri Surgical 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 Asiri Surgical by adding Asiri Surgical to a well-diversified portfolio.
About Asiri Surgical Performance
By analyzing Asiri Surgical's fundamental ratios, stakeholders can gain valuable insights into Asiri Surgical's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Asiri Surgical has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Asiri Surgical has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Asiri Surgical Hospital performance evaluation
Checking the ongoing alerts about Asiri Surgical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Asiri Surgical Hospital help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Asiri Surgical generated a negative expected return over the last 90 days |
- Analyzing Asiri Surgical'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 Asiri Surgical's stock is overvalued or undervalued compared to its peers.
- Examining Asiri Surgical'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 Asiri Surgical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Asiri Surgical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Asiri Surgical's stock. These opinions can provide insight into Asiri Surgical's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Asiri Stock analysis
When running Asiri Surgical's price analysis, check to measure Asiri Surgical'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 Asiri Surgical is operating at the current time. Most of Asiri Surgical's value examination focuses on studying past and present price action to predict the probability of Asiri Surgical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asiri Surgical's price. Additionally, you may evaluate how the addition of Asiri Surgical to your portfolios can decrease your overall portfolio volatility.
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