Westaim Corp (Germany) Performance
| WEM1 Stock | 3.36 16.68 83.23% |
The firm maintains a market beta of 1.9, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Westaim Corp will likely underperform. At this point, Westaim Corp has a negative expected return of -0.91%. Please make sure to check out Westaim Corp's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Westaim Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days The Westaim Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in January 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
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Westaim Corp Relative Risk vs. Return Landscape
If you would invest 1,560 in The Westaim Corp on September 29, 2024 and sell it today you would lose (1,224) from holding The Westaim Corp or give up 78.46% of portfolio value over 90 days. The Westaim Corp is generating negative expected returns and assumes 10.908% volatility on return distribution over the 90 days horizon. Simply put, 97% of stocks are less volatile than Westaim, and 99% 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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Westaim Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Westaim Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as The Westaim Corp, and traders can use it to determine the average amount a Westaim Corp'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 = -0.0834
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| Negative Returns | WEM1 |
Estimated Market Risk
| 10.91 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.91 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Westaim Corp 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 Westaim Corp by adding Westaim Corp to a well-diversified portfolio.
Things to note about Westaim Corp performance evaluation
Checking the ongoing alerts about Westaim Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Westaim Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Westaim Corp generated a negative expected return over the last 90 days | |
| Westaim Corp has high historical volatility and very poor performance |
- Analyzing Westaim Corp'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 Westaim Corp's stock is overvalued or undervalued compared to its peers.
- Examining Westaim Corp'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 Westaim Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Westaim Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Westaim Corp's stock. These opinions can provide insight into Westaim Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Westaim Stock Analysis
When running Westaim Corp's price analysis, check to measure Westaim Corp'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 Westaim Corp is operating at the current time. Most of Westaim Corp's value examination focuses on studying past and present price action to predict the probability of Westaim Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westaim Corp's price. Additionally, you may evaluate how the addition of Westaim Corp to your portfolios can decrease your overall portfolio volatility.