IKEJA HOTELS (Nigeria) Performance
| IKEJAHOTEL | 10.30 0.60 6.19% |
The company retains a Market Volatility (i.e., Beta) of 0.96, which attests to possible diversification benefits within a given portfolio. IKEJA HOTELS returns are very sensitive to returns on the market. As the market goes up or down, IKEJA HOTELS is expected to follow. At this point, IKEJA HOTELS PLC has a negative expected return of -0.11%. Please make sure to check out IKEJA HOTELS's downside deviation, total risk alpha, value at risk, as well as the relationship between the information ratio and treynor ratio , to decide if IKEJA HOTELS PLC performance from the past will be repeated in the future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days IKEJA HOTELS PLC has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Stock's technical and fundamental indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the firm investors. ...more
IKEJA |
IKEJA HOTELS Relative Risk vs. Return Landscape
If you would invest 1,215 in IKEJA HOTELS PLC on December 26, 2024 and sell it today you would lose (185.00) from holding IKEJA HOTELS PLC or give up 15.23% of portfolio value over 90 days. IKEJA HOTELS PLC is generating negative expected returns and assumes 5.5553% volatility on return distribution over the 90 days horizon. Simply put, 49% of stocks are less volatile than IKEJA, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
IKEJA HOTELS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IKEJA HOTELS's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as IKEJA HOTELS PLC, and traders can use it to determine the average amount a IKEJA HOTELS'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 = -0.0204
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| Negative Returns | IKEJAHOTEL |
Estimated Market Risk
| 5.56 actual daily | 49 51% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IKEJA HOTELS 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 IKEJA HOTELS by adding IKEJA HOTELS to a well-diversified portfolio.
Things to note about IKEJA HOTELS PLC performance evaluation
Checking the ongoing alerts about IKEJA HOTELS for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for IKEJA HOTELS PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| IKEJA HOTELS PLC generated a negative expected return over the last 90 days | |
| IKEJA HOTELS PLC has high historical volatility and very poor performance |
- Analyzing IKEJA HOTELS'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 IKEJA HOTELS's stock is overvalued or undervalued compared to its peers.
- Examining IKEJA HOTELS'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 IKEJA HOTELS's management team can have a significant impact on its success or failure. Reviewing the track record and experience of IKEJA HOTELS's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of IKEJA HOTELS's stock. These opinions can provide insight into IKEJA HOTELS's potential for growth and whether the stock is currently undervalued or overvalued.