Wah Nobel (Pakistan) Performance
| WAHN Stock | 235.00 0.06 0.03% |
Wah Nobel has a performance score of 6 on a scale of 0 to 100. The firm maintains a market beta of -0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Wah Nobel are expected to decrease at a much lower rate. During the bear market, Wah Nobel is likely to outperform the market. Wah Nobel Chemicals right now maintains a risk of 2.45%. Please check out Wah Nobel Chemicals total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Wah Nobel Chemicals will be following its historical returns.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Wah Nobel Chemicals are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite somewhat conflicting basic indicators, Wah Nobel may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
Wah |
Wah Nobel Relative Risk vs. Return Landscape
If you would invest 21,239 in Wah Nobel Chemicals on September 5, 2024 and sell it today you would earn a total of 2,261 from holding Wah Nobel Chemicals or generate 10.65% return on investment over 90 days. Wah Nobel Chemicals is generating 0.1881% of daily returns and assumes 2.4514% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than Wah, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Wah Nobel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wah Nobel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Wah Nobel Chemicals, and traders can use it to determine the average amount a Wah Nobel'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 = 0.0767
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Estimated Market Risk
| 2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Wah Nobel is performing at about 6% 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 Wah Nobel by adding it to a well-diversified portfolio.
About Wah Nobel Performance
By analyzing Wah Nobel's fundamental ratios, stakeholders can gain valuable insights into Wah Nobel's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Wah Nobel 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 Wah Nobel 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 Wah Nobel Chemicals performance evaluation
Checking the ongoing alerts about Wah Nobel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Wah Nobel Chemicals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Wah Nobel's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Wah Nobel's stock performance include:- Analyzing Wah Nobel'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 Wah Nobel's stock is overvalued or undervalued compared to its peers.
- Examining Wah Nobel'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 Wah Nobel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Wah Nobel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Wah Nobel's stock. These opinions can provide insight into Wah Nobel's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Wah Stock analysis
When running Wah Nobel's price analysis, check to measure Wah Nobel'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 Wah Nobel is operating at the current time. Most of Wah Nobel's value examination focuses on studying past and present price action to predict the probability of Wah Nobel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wah Nobel's price. Additionally, you may evaluate how the addition of Wah Nobel to your portfolios can decrease your overall portfolio volatility.
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