PERRIGO (Germany) Performance
| PGO Stock | 0.69 0.10 12.66% |
The company holds a Beta of 1.04, which implies a somewhat significant risk relative to the market. PERRIGO returns are very sensitive to returns on the market. As the market goes up or down, PERRIGO is expected to follow. At this point, PERRIGO has a negative expected return of -0.0139%. Please make sure to check PERRIGO's daily balance of power, market facilitation index, and the relationship between the kurtosis and day median price , to decide if PERRIGO performance from the past will be repeated at future time.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days PERRIGO has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, PERRIGO is not utilizing all of its potentials. The newest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
PERRIGO |
PERRIGO Relative Risk vs. Return Landscape
If you would invest 80.00 in PERRIGO on September 30, 2024 and sell it today you would lose (11.00) from holding PERRIGO or give up 13.75% of portfolio value over 90 days. PERRIGO is currently producing negative expected returns and takes up 6.8819% volatility of returns over 90 trading days. Put another way, 61% of traded stocks are less volatile than PERRIGO, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
PERRIGO Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for PERRIGO's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as PERRIGO, and traders can use it to determine the average amount a PERRIGO'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 = -0.002
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PGO |
Estimated Market Risk
| 6.88 actual daily | 61 61% of assets are less volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PERRIGO 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 PERRIGO by adding PERRIGO to a well-diversified portfolio.
About PERRIGO Performance
By analyzing PERRIGO's fundamental ratios, stakeholders can gain valuable insights into PERRIGO's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if PERRIGO 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 PERRIGO 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 PERRIGO performance evaluation
Checking the ongoing alerts about PERRIGO for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for PERRIGO help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| PERRIGO generated a negative expected return over the last 90 days | |
| PERRIGO has high historical volatility and very poor performance | |
| PERRIGO has some characteristics of a very speculative penny stock |
- Analyzing PERRIGO'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 PERRIGO's stock is overvalued or undervalued compared to its peers.
- Examining PERRIGO'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 PERRIGO's management team can have a significant impact on its success or failure. Reviewing the track record and experience of PERRIGO's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of PERRIGO's stock. These opinions can provide insight into PERRIGO's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for PERRIGO Stock analysis
When running PERRIGO's price analysis, check to measure PERRIGO'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 PERRIGO is operating at the current time. Most of PERRIGO's value examination focuses on studying past and present price action to predict the probability of PERRIGO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PERRIGO's price. Additionally, you may evaluate how the addition of PERRIGO to your portfolios can decrease your overall portfolio volatility.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| 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 |