Nickel Asia (Philippines) Performance
| NIKL Stock | 3.00 0.03 0.99% |
The company secures a Beta (Market Risk) of -0.23, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nickel Asia are expected to decrease at a much lower rate. During the bear market, Nickel Asia is likely to outperform the market. At this point, Nickel Asia Corp has a negative expected return of -0.0807%. Please make sure to verify Nickel Asia's coefficient of variation, information ratio, total risk alpha, as well as the relationship between the standard deviation and jensen alpha , to decide if Nickel Asia Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Nickel Asia Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Nickel Asia is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Price Earnings Ratio | 18.142 | |
| Total Cashflows From Investing Activities | -2.8 B |
Nickel |
Nickel Asia Relative Risk vs. Return Landscape
If you would invest 321.00 in Nickel Asia Corp on September 14, 2024 and sell it today you would lose (21.00) from holding Nickel Asia Corp or give up 6.54% of portfolio value over 90 days. Nickel Asia Corp is generating negative expected returns and assumes 2.3386% volatility on return distribution over the 90 days horizon. Simply put, 20% of stocks are less volatile than Nickel, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Nickel Asia Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nickel Asia's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nickel Asia Corp, and traders can use it to determine the average amount a Nickel Asia'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 = -0.0345
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| Negative Returns | NIKL |
Estimated Market Risk
| 2.34 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nickel Asia 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 Nickel Asia by adding Nickel Asia to a well-diversified portfolio.
Nickel Asia Fundamentals Growth
Nickel Stock prices reflect investors' perceptions of the future prospects and financial health of Nickel Asia, and Nickel Asia 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 Nickel Stock performance.
| Revenue | 27.4 B | |||
| Cash And Equivalents | 8.73 B | |||
| Total Debt | 1.45 B | |||
| Cash Flow From Operations | 9.68 B | |||
| Earnings Per Share | 0.17 X | |||
| Total Asset | 51.7 B | |||
About Nickel Asia Performance
Assessing Nickel Asia's fundamental ratios provides investors with valuable insights into Nickel Asia's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Nickel Asia is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Nickel Asia Corp performance evaluation
Checking the ongoing alerts about Nickel Asia for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nickel Asia Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nickel Asia Corp generated a negative expected return over the last 90 days |
- Analyzing Nickel Asia'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 Nickel Asia's stock is overvalued or undervalued compared to its peers.
- Examining Nickel Asia'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 Nickel Asia's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nickel Asia's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nickel Asia's stock. These opinions can provide insight into Nickel Asia's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Nickel Stock Analysis
When running Nickel Asia's price analysis, check to measure Nickel Asia'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 Nickel Asia is operating at the current time. Most of Nickel Asia's value examination focuses on studying past and present price action to predict the probability of Nickel Asia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nickel Asia's price. Additionally, you may evaluate how the addition of Nickel Asia to your portfolios can decrease your overall portfolio volatility.