Electroarges (Romania) Performance
| ELGS Stock | 0.15 0.01 7.14% |
On a scale of 0 to 100, Electroarges holds a performance score of 4. The firm shows a Beta (market volatility) of 0.0039, which means not very significant fluctuations relative to the market. As returns on the market increase, Electroarges' returns are expected to increase less than the market. However, during the bear market, the loss of holding Electroarges is expected to be smaller as well. Please check Electroarges' semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Electroarges' price patterns will revert.
Risk-Adjusted Performance
Insignificant
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Compared to the overall equity markets, risk-adjusted returns on investments in Electroarges S are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Electroarges displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Electroarges |
Electroarges Relative Risk vs. Return Landscape
If you would invest 14.00 in Electroarges S on December 22, 2024 and sell it today you would earn a total of 1.00 from holding Electroarges S or generate 7.14% return on investment over 90 days. Electroarges S is generating 0.3681% of daily returns and assumes 7.1298% volatility on return distribution over the 90 days horizon. Simply put, 63% of stocks are less volatile than Electroarges, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Electroarges Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Electroarges' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Electroarges S, and traders can use it to determine the average amount a Electroarges' 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 = 0.0516
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Estimated Market Risk
| 7.13 actual daily | 63 63% of assets are less volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Electroarges is performing at about 4% 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 Electroarges by adding it to a well-diversified portfolio.
About Electroarges Performance
By examining Electroarges' fundamental ratios, stakeholders can obtain critical insights into Electroarges' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Electroarges is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Electroarges S performance evaluation
Checking the ongoing alerts about Electroarges for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Electroarges S help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Electroarges S had very high historical volatility over the last 90 days | |
| Electroarges S has some characteristics of a very speculative penny stock |
- Analyzing Electroarges' 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 Electroarges' stock is overvalued or undervalued compared to its peers.
- Examining Electroarges' 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 Electroarges' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Electroarges' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Electroarges' stock. These opinions can provide insight into Electroarges' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Electroarges Stock
Electroarges financial ratios help investors to determine whether Electroarges Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Electroarges with respect to the benefits of owning Electroarges security.