Pure Storage, (Brazil) Performance
| P2ST34 Stock | 98.80 2.80 2.76% |
On a scale of 0 to 100, Pure Storage, holds a performance score of 12. The company holds a Beta of 0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pure Storage,'s returns are expected to increase less than the market. However, during the bear market, the loss of holding Pure Storage, is expected to be smaller as well. Please check Pure Storage,'s potential upside, rate of daily change, period momentum indicator, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Pure Storage,'s historical price patterns will revert.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Pure Storage, are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Pure Storage, sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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Pure Storage, Relative Risk vs. Return Landscape
If you would invest 7,035 in Pure Storage, on October 6, 2024 and sell it today you would earn a total of 2,845 from holding Pure Storage, or generate 40.44% return on investment over 90 days. Pure Storage, is generating 0.6532% of daily returns and assumes 4.2401% volatility on return distribution over the 90 days horizon. Simply put, 37% of stocks are less volatile than Pure, and 87% 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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Pure Storage, Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pure Storage,'s investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Pure Storage,, and traders can use it to determine the average amount a Pure Storage,'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 = 0.1541
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Estimated Market Risk
| 4.24 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.65 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Pure Storage, is performing at about 12% 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 Pure Storage, by adding it to a well-diversified portfolio.
Things to note about Pure Storage, performance evaluation
Checking the ongoing alerts about Pure Storage, for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Pure Storage, help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Pure Storage, appears to be risky and price may revert if volatility continues |
- Analyzing Pure Storage,'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 Pure Storage,'s stock is overvalued or undervalued compared to its peers.
- Examining Pure Storage,'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 Pure Storage,'s management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pure Storage,'s management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Pure Storage,'s stock. These opinions can provide insight into Pure Storage,'s potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Pure Stock analysis
When running Pure Storage,'s price analysis, check to measure Pure Storage,'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 Pure Storage, is operating at the current time. Most of Pure Storage,'s value examination focuses on studying past and present price action to predict the probability of Pure Storage,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pure Storage,'s price. Additionally, you may evaluate how the addition of Pure Storage, to your portfolios can decrease your overall portfolio volatility.
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