TRANSCORP HOTELS (Nigeria) Performance
| TRANSCOHOT | 116.00 0.00 0.00% |
On a scale of 0 to 100, TRANSCORP HOTELS holds a performance score of 17. The entity owns a Beta (Systematic Risk) of -0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning TRANSCORP HOTELS are expected to decrease at a much lower rate. During the bear market, TRANSCORP HOTELS is likely to outperform the market. Please check TRANSCORP HOTELS's mean deviation, jensen alpha, as well as the relationship between the Jensen Alpha and day median price , to make a quick decision on whether TRANSCORP HOTELS's current price history 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 TRANSCORP HOTELS PLC are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of very weak basic indicators, TRANSCORP HOTELS displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
TRANSCORP |
TRANSCORP HOTELS Relative Risk vs. Return Landscape
If you would invest 9,000 in TRANSCORP HOTELS PLC on October 6, 2024 and sell it today you would earn a total of 2,600 from holding TRANSCORP HOTELS PLC or generate 28.89% return on investment over 90 days. TRANSCORP HOTELS PLC is generating 0.4273% of daily returns and assumes 1.9174% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than TRANSCORP, and 92% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
TRANSCORP HOTELS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TRANSCORP HOTELS's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as TRANSCORP HOTELS PLC, and traders can use it to determine the average amount a TRANSCORP HOTELS'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 = 0.2228
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Estimated Market Risk
| 1.92 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average TRANSCORP HOTELS 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 TRANSCORP HOTELS by adding it to a well-diversified portfolio.
Things to note about TRANSCORP HOTELS PLC performance evaluation
Checking the ongoing alerts about TRANSCORP HOTELS for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for TRANSCORP HOTELS PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating TRANSCORP HOTELS's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate TRANSCORP HOTELS's stock performance include:- Analyzing TRANSCORP HOTELS'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 TRANSCORP HOTELS's stock is overvalued or undervalued compared to its peers.
- Examining TRANSCORP HOTELS'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 TRANSCORP HOTELS's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TRANSCORP HOTELS's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TRANSCORP HOTELS's stock. These opinions can provide insight into TRANSCORP HOTELS's potential for growth and whether the stock is currently undervalued or overvalued.