Datatec (South Africa) Performance
| DTC Stock | 4,974 158.00 3.28% |
On a scale of 0 to 100, Datatec holds a performance score of 17. The firm shows a Beta (market volatility) of -0.37, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Datatec are expected to decrease at a much lower rate. During the bear market, Datatec is likely to outperform the market. Please check Datatec's sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to make a quick decision on whether Datatec's price patterns will revert.
Risk-Adjusted Performance
17 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Datatec are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady technical and fundamental indicators, Datatec exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Datatec |
Datatec Relative Risk vs. Return Landscape
If you would invest 377,400 in Datatec on October 7, 2024 and sell it today you would earn a total of 120,000 from holding Datatec or generate 31.8% return on investment over 90 days. Datatec is generating 0.4672% of daily returns and assumes 2.0764% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than Datatec, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Datatec Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Datatec's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Datatec, and traders can use it to determine the average amount a Datatec'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 = 0.225
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Estimated Market Risk
| 2.08 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.47 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Datatec is performing at about 17% 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 Datatec by adding it to a well-diversified portfolio.
Things to note about Datatec performance evaluation
Checking the ongoing alerts about Datatec for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Datatec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Datatec's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Datatec's stock performance include:- Analyzing Datatec'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 Datatec's stock is overvalued or undervalued compared to its peers.
- Examining Datatec'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 Datatec's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Datatec's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Datatec's stock. These opinions can provide insight into Datatec's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Datatec Stock analysis
When running Datatec's price analysis, check to measure Datatec'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 Datatec is operating at the current time. Most of Datatec's value examination focuses on studying past and present price action to predict the probability of Datatec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Datatec's price. Additionally, you may evaluate how the addition of Datatec to your portfolios can decrease your overall portfolio volatility.
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