Central Industries (Sri Lanka) Performance
| CINDN0000 | LKR 155.00 0.75 0.48% |
On a scale of 0 to 100, Central Industries holds a performance score of 20. The firm shows a Beta (market volatility) of -0.0193, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Central Industries are expected to decrease at a much lower rate. During the bear market, Central Industries is likely to outperform the market. Please check Central Industries' sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Central Industries' price patterns will revert.
Risk-Adjusted Performance
20 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Central Industries PLC are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Central Industries sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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Central Industries Relative Risk vs. Return Landscape
If you would invest 11,325 in Central Industries PLC on October 10, 2024 and sell it today you would earn a total of 4,175 from holding Central Industries PLC or generate 36.87% return on investment over 90 days. Central Industries PLC is generating 0.5555% of daily returns and assumes 2.141% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Central, and 89% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Central Industries Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Central Industries' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Central Industries PLC, and traders can use it to determine the average amount a Central Industries' 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 = 0.2594
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Estimated Market Risk
| 2.14 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Central Industries is performing at about 20% 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 Central Industries by adding it to a well-diversified portfolio.
About Central Industries Performance
By analyzing Central Industries' fundamental ratios, stakeholders can gain valuable insights into Central Industries' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Central Industries 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 Central Industries 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 Central Industries PLC performance evaluation
Checking the ongoing alerts about Central Industries for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Central Industries PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Central Industries' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Central Industries' stock performance include:- Analyzing Central Industries' 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 Central Industries' stock is overvalued or undervalued compared to its peers.
- Examining Central Industries' 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 Central Industries' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Central Industries' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Central Industries' stock. These opinions can provide insight into Central Industries' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Central Stock analysis
When running Central Industries' price analysis, check to measure Central Industries' 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 Central Industries is operating at the current time. Most of Central Industries' value examination focuses on studying past and present price action to predict the probability of Central Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Central Industries' price. Additionally, you may evaluate how the addition of Central Industries to your portfolios can decrease your overall portfolio volatility.
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