ECOBANK TRANSNATIONAL (Nigeria) Performance
| ETI Stock | 25.50 0.00 0.00% |
On a scale of 0 to 100, ECOBANK TRANSNATIONAL holds a performance score of 15. The firm shows a Beta (market volatility) of 0.55, which means possible diversification benefits within a given portfolio. As returns on the market increase, ECOBANK TRANSNATIONAL's returns are expected to increase less than the market. However, during the bear market, the loss of holding ECOBANK TRANSNATIONAL is expected to be smaller as well. Please check ECOBANK TRANSNATIONAL's variance, value at risk, as well as the relationship between the Value At Risk and rate of daily change , to make a quick decision on whether ECOBANK TRANSNATIONAL's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in ECOBANK TRANSNATIONAL INCORPORATED are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively inconsistent basic indicators, ECOBANK TRANSNATIONAL unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
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ECOBANK TRANSNATIONAL Relative Risk vs. Return Landscape
If you would invest 2,090 in ECOBANK TRANSNATIONAL INCORPORATED on September 5, 2024 and sell it today you would earn a total of 460.00 from holding ECOBANK TRANSNATIONAL INCORPORATED or generate 22.01% return on investment over 90 days. ECOBANK TRANSNATIONAL INCORPORATED is generating 0.335% of daily returns and assumes 1.7068% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than ECOBANK, and 94% 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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ECOBANK TRANSNATIONAL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ECOBANK TRANSNATIONAL's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ECOBANK TRANSNATIONAL INCORPORATED, and traders can use it to determine the average amount a ECOBANK TRANSNATIONAL'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 = 0.1963
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Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average ECOBANK TRANSNATIONAL is performing at about 15% 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 ECOBANK TRANSNATIONAL by adding it to a well-diversified portfolio.
Things to note about ECOBANK TRANSNATIONAL performance evaluation
Checking the ongoing alerts about ECOBANK TRANSNATIONAL for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ECOBANK TRANSNATIONAL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating ECOBANK TRANSNATIONAL's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate ECOBANK TRANSNATIONAL's stock performance include:- Analyzing ECOBANK TRANSNATIONAL'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 ECOBANK TRANSNATIONAL's stock is overvalued or undervalued compared to its peers.
- Examining ECOBANK TRANSNATIONAL'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 ECOBANK TRANSNATIONAL's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ECOBANK TRANSNATIONAL's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ECOBANK TRANSNATIONAL's stock. These opinions can provide insight into ECOBANK TRANSNATIONAL's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for ECOBANK Stock Analysis
When running ECOBANK TRANSNATIONAL's price analysis, check to measure ECOBANK TRANSNATIONAL'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 ECOBANK TRANSNATIONAL is operating at the current time. Most of ECOBANK TRANSNATIONAL's value examination focuses on studying past and present price action to predict the probability of ECOBANK TRANSNATIONAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ECOBANK TRANSNATIONAL's price. Additionally, you may evaluate how the addition of ECOBANK TRANSNATIONAL to your portfolios can decrease your overall portfolio volatility.