GOLDEN GUINEA (Nigeria) Performance
| GOLDBREW | 7.09 0.00 0.00% |
The company retains a Market Volatility (i.e., Beta) of -0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning GOLDEN GUINEA are expected to decrease at a much lower rate. During the bear market, GOLDEN GUINEA is likely to outperform the market. At this point, GOLDEN GUINEA BREWERIES has a negative expected return of -0.3%. Please make sure to check out GOLDEN GUINEA's maximum drawdown, and the relationship between the information ratio and kurtosis , to decide if GOLDEN GUINEA BREWERIES performance from the past will be repeated at future time.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days GOLDEN GUINEA BREWERIES 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 technical and fundamental indicators remain rather sound which may send shares a bit higher in April 2025. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
GOLDEN |
GOLDEN GUINEA Relative Risk vs. Return Landscape
If you would invest 864.00 in GOLDEN GUINEA BREWERIES on December 28, 2024 and sell it today you would lose (155.00) from holding GOLDEN GUINEA BREWERIES or give up 17.94% of portfolio value over 90 days. GOLDEN GUINEA BREWERIES is generating negative expected returns and assumes 1.6657% volatility on return distribution over the 90 days horizon. Simply put, 14% of stocks are less volatile than GOLDEN, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
GOLDEN GUINEA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GOLDEN GUINEA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as GOLDEN GUINEA BREWERIES, and traders can use it to determine the average amount a GOLDEN GUINEA'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 = -0.1794
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GOLDBREW |
Estimated Market Risk
| 1.67 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average GOLDEN GUINEA 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 GOLDEN GUINEA by adding GOLDEN GUINEA to a well-diversified portfolio.
Things to note about GOLDEN GUINEA BREWERIES performance evaluation
Checking the ongoing alerts about GOLDEN GUINEA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for GOLDEN GUINEA BREWERIES help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| GOLDEN GUINEA generated a negative expected return over the last 90 days |
- Analyzing GOLDEN GUINEA'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 GOLDEN GUINEA's stock is overvalued or undervalued compared to its peers.
- Examining GOLDEN GUINEA'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 GOLDEN GUINEA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of GOLDEN GUINEA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of GOLDEN GUINEA's stock. These opinions can provide insight into GOLDEN GUINEA's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for GOLDEN Stock analysis
When running GOLDEN GUINEA's price analysis, check to measure GOLDEN GUINEA'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 GOLDEN GUINEA is operating at the current time. Most of GOLDEN GUINEA's value examination focuses on studying past and present price action to predict the probability of GOLDEN GUINEA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GOLDEN GUINEA's price. Additionally, you may evaluate how the addition of GOLDEN GUINEA to your portfolios can decrease your overall portfolio volatility.
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