Shigan Quantum (India) Performance
| SHIGAN-SM | 119.00 6.00 5.31% |
Shigan Quantum has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Shigan Quantum are expected to decrease at a much lower rate. During the bear market, Shigan Quantum is likely to outperform the market. Shigan Quantum Tech right now has a risk of 3.65%. Please validate Shigan Quantum downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness , to decide if Shigan Quantum will be following its existing price patterns.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Shigan Quantum Tech are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Shigan Quantum is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
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Shigan Quantum Relative Risk vs. Return Landscape
If you would invest 11,800 in Shigan Quantum Tech on October 7, 2024 and sell it today you would earn a total of 100.00 from holding Shigan Quantum Tech or generate 0.85% return on investment over 90 days. Shigan Quantum Tech is generating 0.0835% of daily returns and assumes 3.6456% volatility on return distribution over the 90 days horizon. Simply put, 32% of stocks are less volatile than Shigan, and 99% 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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Shigan Quantum Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shigan Quantum's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Shigan Quantum Tech, and traders can use it to determine the average amount a Shigan Quantum'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 = 0.0229
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| Cash | Small Risk | Average Risk | SHIGAN-SM | Huge Risk |
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Estimated Market Risk
| 3.65 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Shigan Quantum is performing at about 1% 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 Shigan Quantum by adding it to a well-diversified portfolio.
About Shigan Quantum Performance
By analyzing Shigan Quantum's fundamental ratios, stakeholders can gain valuable insights into Shigan Quantum's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Shigan Quantum 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 Shigan Quantum has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Shigan Quantum is entity of India. It is traded as Stock on NSE exchange.Things to note about Shigan Quantum Tech performance evaluation
Checking the ongoing alerts about Shigan Quantum for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Shigan Quantum Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Shigan Quantum Tech had very high historical volatility over the last 90 days |
- Analyzing Shigan Quantum'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 Shigan Quantum's stock is overvalued or undervalued compared to its peers.
- Examining Shigan Quantum'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 Shigan Quantum's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Shigan Quantum's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Shigan Quantum's stock. These opinions can provide insight into Shigan Quantum's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Shigan Stock analysis
When running Shigan Quantum's price analysis, check to measure Shigan Quantum'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 Shigan Quantum is operating at the current time. Most of Shigan Quantum's value examination focuses on studying past and present price action to predict the probability of Shigan Quantum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shigan Quantum's price. Additionally, you may evaluate how the addition of Shigan Quantum to your portfolios can decrease your overall portfolio volatility.
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