OVH Groupe (France) Performance
| OVH Stock | 8.40 0.20 2.44% |
On a scale of 0 to 100, OVH Groupe holds a performance score of 7. The company holds a Beta of -0.31, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning OVH Groupe are expected to decrease at a much lower rate. During the bear market, OVH Groupe is likely to outperform the market. Please check OVH Groupe's jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to make a quick decision on whether OVH Groupe's historical price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in OVH Groupe SAS are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak technical indicators, OVH Groupe sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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OVH Groupe Relative Risk vs. Return Landscape
If you would invest 738.00 in OVH Groupe SAS on October 20, 2024 and sell it today you would earn a total of 102.00 from holding OVH Groupe SAS or generate 13.82% return on investment over 90 days. OVH Groupe SAS is generating 0.237% of daily returns assuming 2.4053% volatility of returns over the 90 days investment horizon. Simply put, 21% of all stocks have less volatile historical return distribution than OVH Groupe, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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OVH Groupe Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for OVH Groupe's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as OVH Groupe SAS, and traders can use it to determine the average amount a OVH Groupe'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 = 0.0985
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Estimated Market Risk
| 2.41 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average OVH Groupe is performing at about 7% 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 OVH Groupe by adding it to a well-diversified portfolio.
Things to note about OVH Groupe SAS performance evaluation
Checking the ongoing alerts about OVH Groupe for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for OVH Groupe SAS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating OVH Groupe's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate OVH Groupe's stock performance include:- Analyzing OVH Groupe'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 OVH Groupe's stock is overvalued or undervalued compared to its peers.
- Examining OVH Groupe'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 OVH Groupe's management team can have a significant impact on its success or failure. Reviewing the track record and experience of OVH Groupe's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of OVH Groupe's stock. These opinions can provide insight into OVH Groupe's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for OVH Stock analysis
When running OVH Groupe's price analysis, check to measure OVH Groupe'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 OVH Groupe is operating at the current time. Most of OVH Groupe's value examination focuses on studying past and present price action to predict the probability of OVH Groupe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OVH Groupe's price. Additionally, you may evaluate how the addition of OVH Groupe to your portfolios can decrease your overall portfolio volatility.
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