Westpac Banking Corp Manager Performance
The entity maintains a market beta of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Westpac Banking are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Westpac Banking Corp has generated negative risk-adjusted returns adding no value to fund investors. In spite of rather sound basic indicators, Westpac Banking is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders.
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Westpac Banking Relative Risk vs. Return Landscape
If you would invest (100.00) in Westpac Banking Corp on October 27, 2024 and sell it today you would earn a total of 100.00 from holding Westpac Banking Corp or generate -100.0% return on investment over 90 days. Westpac Banking Corp is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded funds are less volatile than Westpac, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Westpac Banking Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Westpac Banking's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Westpac Banking Corp, and traders can use it to determine the average amount a Westpac Banking'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 = 0.0
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Based on monthly moving average Westpac Banking 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 Westpac Banking by adding Westpac Banking to a well-diversified portfolio.
Things to note about Westpac Banking Corp performance evaluation
Checking the ongoing alerts about Westpac Banking for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Westpac Banking Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Westpac Banking Corp is not yet fully synchronised with the market data | |
| Westpac Banking Corp has some characteristics of a very speculative penny stock |
- Analyzing Westpac Banking'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 Westpac Banking's stock is overvalued or undervalued compared to its peers.
- Examining Westpac Banking'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 Westpac Banking's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Westpac Banking's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Westpac Banking's fund. These opinions can provide insight into Westpac Banking's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in Westpac Fund
If you are still planning to invest in Westpac Banking Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Westpac Banking's history and understand the potential risks before investing.
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