Nimir Industrial (Pakistan) Performance
| NICL Stock | 141.00 1.97 1.42% |
On a scale of 0 to 100, Nimir Industrial holds a performance score of 9. The company secures a Beta (Market Risk) of -0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nimir Industrial are expected to decrease at a much lower rate. During the bear market, Nimir Industrial is likely to outperform the market. Please check Nimir Industrial's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Nimir Industrial's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Nimir Industrial Chemical are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Nimir Industrial sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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Nimir Industrial Relative Risk vs. Return Landscape
If you would invest 12,197 in Nimir Industrial Chemical on September 13, 2024 and sell it today you would earn a total of 1,903 from holding Nimir Industrial Chemical or generate 15.6% return on investment over 90 days. Nimir Industrial Chemical is generating 0.2543% of daily returns and assumes 2.0333% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than Nimir, and 95% 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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Nimir Industrial Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nimir Industrial's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nimir Industrial Chemical, and traders can use it to determine the average amount a Nimir Industrial'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 = 0.1251
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Estimated Market Risk
| 2.03 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Nimir Industrial is performing at about 9% 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 Nimir Industrial by adding it to a well-diversified portfolio.
About Nimir Industrial Performance
By analyzing Nimir Industrial's fundamental ratios, stakeholders can gain valuable insights into Nimir Industrial's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nimir Industrial 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 Nimir Industrial 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 Nimir Industrial Chemical performance evaluation
Checking the ongoing alerts about Nimir Industrial for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nimir Industrial Chemical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Nimir Industrial's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Nimir Industrial's stock performance include:- Analyzing Nimir Industrial'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 Nimir Industrial's stock is overvalued or undervalued compared to its peers.
- Examining Nimir Industrial'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 Nimir Industrial's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nimir Industrial's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nimir Industrial's stock. These opinions can provide insight into Nimir Industrial's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nimir Stock analysis
When running Nimir Industrial's price analysis, check to measure Nimir Industrial'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 Nimir Industrial is operating at the current time. Most of Nimir Industrial's value examination focuses on studying past and present price action to predict the probability of Nimir Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nimir Industrial's price. Additionally, you may evaluate how the addition of Nimir Industrial to your portfolios can decrease your overall portfolio volatility.
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