NIGHTINGALE HEALTH (Germany) Performance
| 7XE Stock | EUR 3.00 0.12 4.17% |
The company secures a Beta (Market Risk) of 0.47, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NIGHTINGALE HEALTH's returns are expected to increase less than the market. However, during the bear market, the loss of holding NIGHTINGALE HEALTH is expected to be smaller as well. At this point, NIGHTINGALE HEALTH has a negative expected return of -0.14%. Please make sure to verify NIGHTINGALE HEALTH's mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if NIGHTINGALE HEALTH performance from the past will be repeated in the future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days NIGHTINGALE HEALTH EO has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's basic indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
NIGHTINGALE |
NIGHTINGALE HEALTH Relative Risk vs. Return Landscape
If you would invest 322.00 in NIGHTINGALE HEALTH EO on October 6, 2024 and sell it today you would lose (34.00) from holding NIGHTINGALE HEALTH EO or give up 10.56% of portfolio value over 90 days. NIGHTINGALE HEALTH EO is currently producing negative expected returns and takes up 3.0604% volatility of returns over 90 trading days. Put another way, 27% of traded stocks are less volatile than NIGHTINGALE, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
NIGHTINGALE HEALTH Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NIGHTINGALE HEALTH's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NIGHTINGALE HEALTH EO, and traders can use it to determine the average amount a NIGHTINGALE HEALTH'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 = -0.0461
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 7XE |
Estimated Market Risk
| 3.06 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NIGHTINGALE HEALTH 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 NIGHTINGALE HEALTH by adding NIGHTINGALE HEALTH to a well-diversified portfolio.
NIGHTINGALE HEALTH Fundamentals Growth
NIGHTINGALE Stock prices reflect investors' perceptions of the future prospects and financial health of NIGHTINGALE HEALTH, and NIGHTINGALE HEALTH fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on NIGHTINGALE Stock performance.
| Return On Equity | -0.14 | |||
| Return On Asset | -0.0647 | |||
| Operating Margin | (5.88) % | |||
| Shares Outstanding | 39.09 M | |||
| Revenue | 2.31 M | |||
| EBITDA | (11.53 M) | |||
| Book Value Per Share | 1.85 X | |||
| Earnings Per Share | (0.25) X | |||
About NIGHTINGALE HEALTH Performance
By analyzing NIGHTINGALE HEALTH's fundamental ratios, stakeholders can gain valuable insights into NIGHTINGALE HEALTH's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NIGHTINGALE HEALTH 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 NIGHTINGALE HEALTH has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nightingale Health Ltd. offers a health data platform that detects disease risks. The company was founded in 2002 and is based in Helsinki, Finland. NIGHTINGALE HEALTH is traded on Frankfurt Stock Exchange in Germany.Things to note about NIGHTINGALE HEALTH performance evaluation
Checking the ongoing alerts about NIGHTINGALE HEALTH for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NIGHTINGALE HEALTH help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NIGHTINGALE HEALTH generated a negative expected return over the last 90 days | |
| NIGHTINGALE HEALTH has high historical volatility and very poor performance | |
| NIGHTINGALE HEALTH has high likelihood to experience some financial distress in the next 2 years | |
| About 50.0% of the company shares are owned by insiders or employees |
- Analyzing NIGHTINGALE HEALTH'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 NIGHTINGALE HEALTH's stock is overvalued or undervalued compared to its peers.
- Examining NIGHTINGALE HEALTH'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 NIGHTINGALE HEALTH's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NIGHTINGALE HEALTH's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NIGHTINGALE HEALTH's stock. These opinions can provide insight into NIGHTINGALE HEALTH's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NIGHTINGALE Stock analysis
When running NIGHTINGALE HEALTH's price analysis, check to measure NIGHTINGALE HEALTH'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 NIGHTINGALE HEALTH is operating at the current time. Most of NIGHTINGALE HEALTH's value examination focuses on studying past and present price action to predict the probability of NIGHTINGALE HEALTH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NIGHTINGALE HEALTH's price. Additionally, you may evaluate how the addition of NIGHTINGALE HEALTH to your portfolios can decrease your overall portfolio volatility.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |