Convenience Foods (Sri Lanka) Performance
| SOYN0000 | LKR 903.25 1.50 0.17% |
On a scale of 0 to 100, Convenience Foods holds a performance score of 11. The firm shows a Beta (market volatility) of -0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Convenience Foods are expected to decrease at a much lower rate. During the bear market, Convenience Foods is likely to outperform the market. Please check Convenience Foods' total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Convenience Foods' price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Convenience Foods PLC are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Convenience Foods sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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Convenience Foods Relative Risk vs. Return Landscape
If you would invest 76,700 in Convenience Foods PLC on September 16, 2024 and sell it today you would earn a total of 13,625 from holding Convenience Foods PLC or generate 17.76% return on investment over 90 days. Convenience Foods PLC is generating 0.2911% of daily returns and assumes 1.9381% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Convenience, and 95% 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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Convenience Foods Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Convenience Foods' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Convenience Foods PLC, and traders can use it to determine the average amount a Convenience Foods' 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 = 0.1502
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Estimated Market Risk
| 1.94 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Convenience Foods is performing at about 11% 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 Convenience Foods by adding it to a well-diversified portfolio.
About Convenience Foods Performance
By analyzing Convenience Foods' fundamental ratios, stakeholders can gain valuable insights into Convenience Foods' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Convenience Foods 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 Convenience Foods 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 Convenience Foods PLC performance evaluation
Checking the ongoing alerts about Convenience Foods for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Convenience Foods PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Convenience Foods' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Convenience Foods' stock performance include:- Analyzing Convenience Foods' 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 Convenience Foods' stock is overvalued or undervalued compared to its peers.
- Examining Convenience Foods' 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 Convenience Foods' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Convenience Foods' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Convenience Foods' stock. These opinions can provide insight into Convenience Foods' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Convenience Stock analysis
When running Convenience Foods' price analysis, check to measure Convenience Foods' 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 Convenience Foods is operating at the current time. Most of Convenience Foods' value examination focuses on studying past and present price action to predict the probability of Convenience Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Convenience Foods' price. Additionally, you may evaluate how the addition of Convenience Foods to your portfolios can decrease your overall portfolio volatility.
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