Nedbank (South Africa) Performance
| NED Stock | 28,289 159.00 0.56% |
The company secures a Beta (Market Risk) of -0.0227, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nedbank are expected to decrease at a much lower rate. During the bear market, Nedbank is likely to outperform the market. At this point, Nedbank Group has a negative expected return of -0.12%. Please make sure to verify Nedbank's standard deviation, maximum drawdown, kurtosis, as well as the relationship between the total risk alpha and potential upside , to decide if Nedbank Group performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Nedbank Group has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest uncertain performance, the Stock's technical and fundamental indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the firm shareholders. ...more
| Begin Period Cash Flow | 41.4 B | |
| Total Cashflows From Investing Activities | -2 B |
Nedbank |
Nedbank Relative Risk vs. Return Landscape
If you would invest 3,080,400 in Nedbank Group on September 26, 2024 and sell it today you would lose (251,500) from holding Nedbank Group or give up 8.16% of portfolio value over 90 days. Nedbank Group is generating negative expected returns and assumes 1.3056% volatility on return distribution over the 90 days horizon. Simply put, 11% of stocks are less volatile than Nedbank, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Nedbank Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nedbank's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nedbank Group, and traders can use it to determine the average amount a Nedbank'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 = -0.0954
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NED |
Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nedbank 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 Nedbank by adding Nedbank to a well-diversified portfolio.
Nedbank Fundamentals Growth
Nedbank Stock prices reflect investors' perceptions of the future prospects and financial health of Nedbank, and Nedbank fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nedbank Stock performance.
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0114 | |||
| Profit Margin | 0.23 % | |||
| Operating Margin | 0.35 % | |||
| Current Valuation | 147.26 B | |||
| Shares Outstanding | 487.32 M | |||
| Price To Book | 0.91 X | |||
| Price To Sales | 1.87 X | |||
| Revenue | 53.72 B | |||
| EBITDA | 54.46 B | |||
| Book Value Per Share | 209.63 X | |||
| Cash Flow From Operations | 12.14 B | |||
| Earnings Per Share | 25.39 X | |||
| Total Asset | 1.22 T | |||
About Nedbank Performance
By analyzing Nedbank's fundamental ratios, stakeholders can gain valuable insights into Nedbank's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nedbank 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 Nedbank 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 Nedbank Group performance evaluation
Checking the ongoing alerts about Nedbank for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nedbank Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nedbank Group generated a negative expected return over the last 90 days | |
| About 70.0% of the company shares are owned by institutional investors |
- Analyzing Nedbank'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 Nedbank's stock is overvalued or undervalued compared to its peers.
- Examining Nedbank'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 Nedbank's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nedbank's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nedbank's stock. These opinions can provide insight into Nedbank's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nedbank Stock analysis
When running Nedbank's price analysis, check to measure Nedbank'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 Nedbank is operating at the current time. Most of Nedbank's value examination focuses on studying past and present price action to predict the probability of Nedbank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nedbank's price. Additionally, you may evaluate how the addition of Nedbank to your portfolios can decrease your overall portfolio volatility.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Money Managers Screen money managers from public funds and ETFs managed around the world |