Singhe Hospitals (Sri Lanka) Performance
| SINHN0000 | LKR 2.40 0.10 4.00% |
The entity has a beta of 0.75, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Singhe Hospitals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Singhe Hospitals is expected to be smaller as well. At this point, Singhe Hospitals has a negative expected return of -0.0303%. Please make sure to validate Singhe Hospitals' treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Singhe Hospitals performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Singhe Hospitals has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Singhe Hospitals is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Singhe |
Singhe Hospitals Relative Risk vs. Return Landscape
If you would invest 250.00 in Singhe Hospitals on September 12, 2024 and sell it today you would lose (10.00) from holding Singhe Hospitals or give up 4.0% of portfolio value over 90 days. Singhe Hospitals is generating negative expected returns and assumes 2.8038% volatility on return distribution over the 90 days horizon. Simply put, 24% of stocks are less volatile than Singhe, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Singhe Hospitals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Singhe Hospitals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Singhe Hospitals, and traders can use it to determine the average amount a Singhe Hospitals' 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 = -0.0108
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SINHN0000 |
Estimated Market Risk
| 2.8 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Singhe Hospitals 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 Singhe Hospitals by adding Singhe Hospitals to a well-diversified portfolio.
About Singhe Hospitals Performance
By analyzing Singhe Hospitals' fundamental ratios, stakeholders can gain valuable insights into Singhe Hospitals' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Singhe Hospitals 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 Singhe Hospitals 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 Singhe Hospitals performance evaluation
Checking the ongoing alerts about Singhe Hospitals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Singhe Hospitals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Singhe Hospitals generated a negative expected return over the last 90 days |
- Analyzing Singhe Hospitals' 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 Singhe Hospitals' stock is overvalued or undervalued compared to its peers.
- Examining Singhe Hospitals' 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 Singhe Hospitals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Singhe Hospitals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Singhe Hospitals' stock. These opinions can provide insight into Singhe Hospitals' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Singhe Stock analysis
When running Singhe Hospitals' price analysis, check to measure Singhe Hospitals' 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 Singhe Hospitals is operating at the current time. Most of Singhe Hospitals' value examination focuses on studying past and present price action to predict the probability of Singhe Hospitals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Singhe Hospitals' price. Additionally, you may evaluate how the addition of Singhe Hospitals to your portfolios can decrease your overall portfolio volatility.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |