Natural Gas (Egypt) Performance
| EGAS Stock | 39.40 0.26 0.66% |
The company secures a Beta (Market Risk) of 0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Natural Gas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Natural Gas is expected to be smaller as well. At this point, Natural Gas Mining has a negative expected return of -0.0954%. Please make sure to verify Natural Gas' potential upside, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Natural Gas Mining performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Natural Gas Mining has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable technical and fundamental indicators, Natural Gas is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Natural |
Natural Gas Relative Risk vs. Return Landscape
If you would invest 4,181 in Natural Gas Mining on December 4, 2024 and sell it today you would lose (241.00) from holding Natural Gas Mining or give up 5.76% of portfolio value over 90 days. Natural Gas Mining is generating negative expected returns and assumes 2.1921% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Natural, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Natural Gas Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Natural Gas' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Natural Gas Mining, and traders can use it to determine the average amount a Natural Gas' 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 = -0.0435
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | EGAS |
Estimated Market Risk
| 2.19 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Natural Gas 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 Natural Gas by adding Natural Gas to a well-diversified portfolio.
Things to note about Natural Gas Mining performance evaluation
Checking the ongoing alerts about Natural Gas for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Natural Gas Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Natural Gas Mining generated a negative expected return over the last 90 days |
- Analyzing Natural Gas' 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 Natural Gas' stock is overvalued or undervalued compared to its peers.
- Examining Natural Gas' 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 Natural Gas' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Natural Gas' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Natural Gas' stock. These opinions can provide insight into Natural Gas' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Natural Stock analysis
When running Natural Gas' price analysis, check to measure Natural Gas' 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 Natural Gas is operating at the current time. Most of Natural Gas' value examination focuses on studying past and present price action to predict the probability of Natural Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Natural Gas' price. Additionally, you may evaluate how the addition of Natural Gas to your portfolios can decrease your overall portfolio volatility.
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