NForce Secure (Thailand) Performance
| SECURE Stock | 12.30 0.20 1.65% |
The company secures a Beta (Market Risk) of -0.0683, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NForce Secure are expected to decrease at a much lower rate. During the bear market, NForce Secure is likely to outperform the market. At this point, nForce Secure Public has a negative expected return of -0.16%. Please make sure to verify NForce Secure's jensen alpha and accumulation distribution , to decide if nForce Secure Public performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days nForce Secure Public has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's fundamental indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
NForce |
NForce Secure Relative Risk vs. Return Landscape
If you would invest 1,350 in nForce Secure Public on September 25, 2024 and sell it today you would lose (140.00) from holding nForce Secure Public or give up 10.37% of portfolio value over 90 days. nForce Secure Public is generating negative expected returns and assumes 1.7393% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than NForce, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NForce Secure Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NForce Secure's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as nForce Secure Public, and traders can use it to determine the average amount a NForce Secure'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 = -0.0946
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| Negative Returns | SECURE |
Estimated Market Risk
| 1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NForce Secure 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 NForce Secure by adding NForce Secure to a well-diversified portfolio.
Things to note about nForce Secure Public performance evaluation
Checking the ongoing alerts about NForce Secure for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for nForce Secure Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| nForce Secure Public generated a negative expected return over the last 90 days |
- Analyzing NForce Secure'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 NForce Secure's stock is overvalued or undervalued compared to its peers.
- Examining NForce Secure'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 NForce Secure's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NForce Secure's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NForce Secure's stock. These opinions can provide insight into NForce Secure's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NForce Stock analysis
When running NForce Secure's price analysis, check to measure NForce Secure'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 NForce Secure is operating at the current time. Most of NForce Secure's value examination focuses on studying past and present price action to predict the probability of NForce Secure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NForce Secure's price. Additionally, you may evaluate how the addition of NForce Secure to your portfolios can decrease your overall portfolio volatility.
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