NEWFOUNDLAND DISCOVCORP (Germany) Performance
| M4K Stock | 0.04 0.0005 1.37% |
NEWFOUNDLAND DISCOVCORP holds a performance score of 15 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -9.4, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning NEWFOUNDLAND DISCOVCORP are expected to decrease by larger amounts. On the other hand, during market turmoil, NEWFOUNDLAND DISCOVCORP is expected to outperform it. Use NEWFOUNDLAND DISCOVCORP treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to analyze future returns on NEWFOUNDLAND DISCOVCORP.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in NEWFOUNDLAND DISCOVCORP are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain basic indicators, NEWFOUNDLAND DISCOVCORP reported solid returns over the last few months and may actually be approaching a breakup point. ...more
NEWFOUNDLAND |
NEWFOUNDLAND DISCOVCORP Relative Risk vs. Return Landscape
If you would invest 3.00 in NEWFOUNDLAND DISCOVCORP on September 26, 2024 and sell it today you would earn a total of 0.70 from holding NEWFOUNDLAND DISCOVCORP or generate 23.33% return on investment over 90 days. NEWFOUNDLAND DISCOVCORP is currently producing 11.9208% returns and takes up 59.8116% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than NEWFOUNDLAND, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
NEWFOUNDLAND DISCOVCORP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NEWFOUNDLAND DISCOVCORP's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NEWFOUNDLAND DISCOVCORP, and traders can use it to determine the average amount a NEWFOUNDLAND DISCOVCORP'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 = 0.1993
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Estimated Market Risk
| 59.81 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average NEWFOUNDLAND DISCOVCORP 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 NEWFOUNDLAND DISCOVCORP by adding it to a well-diversified portfolio.
About NEWFOUNDLAND DISCOVCORP Performance
By analyzing NEWFOUNDLAND DISCOVCORP's fundamental ratios, stakeholders can gain valuable insights into NEWFOUNDLAND DISCOVCORP's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NEWFOUNDLAND DISCOVCORP 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 NEWFOUNDLAND DISCOVCORP 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 NEWFOUNDLAND DISCOVCORP performance evaluation
Checking the ongoing alerts about NEWFOUNDLAND DISCOVCORP for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NEWFOUNDLAND DISCOVCORP help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NEWFOUNDLAND DISCOVCORP is way too risky over 90 days horizon | |
| NEWFOUNDLAND DISCOVCORP has some characteristics of a very speculative penny stock | |
| NEWFOUNDLAND DISCOVCORP appears to be risky and price may revert if volatility continues |
- Analyzing NEWFOUNDLAND DISCOVCORP'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 NEWFOUNDLAND DISCOVCORP's stock is overvalued or undervalued compared to its peers.
- Examining NEWFOUNDLAND DISCOVCORP'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 NEWFOUNDLAND DISCOVCORP's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NEWFOUNDLAND DISCOVCORP's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NEWFOUNDLAND DISCOVCORP's stock. These opinions can provide insight into NEWFOUNDLAND DISCOVCORP's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NEWFOUNDLAND Stock analysis
When running NEWFOUNDLAND DISCOVCORP's price analysis, check to measure NEWFOUNDLAND DISCOVCORP'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 NEWFOUNDLAND DISCOVCORP is operating at the current time. Most of NEWFOUNDLAND DISCOVCORP's value examination focuses on studying past and present price action to predict the probability of NEWFOUNDLAND DISCOVCORP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEWFOUNDLAND DISCOVCORP's price. Additionally, you may evaluate how the addition of NEWFOUNDLAND DISCOVCORP to your portfolios can decrease your overall portfolio volatility.
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