SOCKET MOBILE (Germany) Performance
| SNB1 Stock | EUR 1.26 0.01 0.79% |
On a scale of 0 to 100, SOCKET MOBILE holds a performance score of 7. The entity owns a Beta (Systematic Risk) of 0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SOCKET MOBILE's returns are expected to increase less than the market. However, during the bear market, the loss of holding SOCKET MOBILE is expected to be smaller as well. Please check SOCKET MOBILE's downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether SOCKET MOBILE's current price history will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in SOCKET MOBILE NEW are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain fundamental drivers, SOCKET MOBILE reported solid returns over the last few months and may actually be approaching a breakup point. ...more
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SOCKET MOBILE Relative Risk vs. Return Landscape
If you would invest 102.00 in SOCKET MOBILE NEW on October 6, 2024 and sell it today you would earn a total of 24.00 from holding SOCKET MOBILE NEW or generate 23.53% return on investment over 90 days. SOCKET MOBILE NEW is generating 0.4493% of daily returns assuming 4.5037% volatility of returns over the 90 days investment horizon. Simply put, 40% of all stocks have less volatile historical return distribution than SOCKET MOBILE, and 92% 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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SOCKET MOBILE Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SOCKET MOBILE's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as SOCKET MOBILE NEW, and traders can use it to determine the average amount a SOCKET MOBILE'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 = 0.0998
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Estimated Market Risk
| 4.5 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.45 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average SOCKET MOBILE is performing at about 7% 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 SOCKET MOBILE by adding it to a well-diversified portfolio.
About SOCKET MOBILE Performance
By analyzing SOCKET MOBILE's fundamental ratios, stakeholders can gain valuable insights into SOCKET MOBILE's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SOCKET MOBILE 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 SOCKET MOBILE 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 SOCKET MOBILE NEW performance evaluation
Checking the ongoing alerts about SOCKET MOBILE for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SOCKET MOBILE NEW help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| SOCKET MOBILE NEW may become a speculative penny stock | |
| SOCKET MOBILE NEW had very high historical volatility over the last 90 days |
- Analyzing SOCKET MOBILE'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 SOCKET MOBILE's stock is overvalued or undervalued compared to its peers.
- Examining SOCKET MOBILE'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 SOCKET MOBILE's management team can have a significant impact on its success or failure. Reviewing the track record and experience of SOCKET MOBILE's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SOCKET MOBILE's stock. These opinions can provide insight into SOCKET MOBILE's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for SOCKET Stock analysis
When running SOCKET MOBILE's price analysis, check to measure SOCKET MOBILE'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 SOCKET MOBILE is operating at the current time. Most of SOCKET MOBILE's value examination focuses on studying past and present price action to predict the probability of SOCKET MOBILE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SOCKET MOBILE's price. Additionally, you may evaluate how the addition of SOCKET MOBILE to your portfolios can decrease your overall portfolio volatility.
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