SONASID (Morocco) Performance
| SONASID Stock | 1,070 17.00 1.61% |
On a scale of 0 to 100, SONASID holds a performance score of 12. The entity has a beta of -0.51, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SONASID are expected to decrease at a much lower rate. During the bear market, SONASID is likely to outperform the market. Please check SONASID's skewness, and the relationship between the value at risk and day median price , to make a quick decision on whether SONASID's existing 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 SONASID are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, SONASID exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
SONASID |
SONASID Relative Risk vs. Return Landscape
If you would invest 84,200 in SONASID on October 25, 2024 and sell it today you would earn a total of 22,800 from holding SONASID or generate 27.08% return on investment over 90 days. SONASID is generating 0.4371% of daily returns and assumes 2.7687% volatility on return distribution over the 90 days horizon. Simply put, 24% of stocks are less volatile than SONASID, and 92% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SONASID Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SONASID's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as SONASID, and traders can use it to determine the average amount a SONASID'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 = 0.1579
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Estimated Market Risk
| 2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average SONASID 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 SONASID by adding it to a well-diversified portfolio.
Things to note about SONASID performance evaluation
Checking the ongoing alerts about SONASID for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SONASID help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating SONASID's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate SONASID's stock performance include:- Analyzing SONASID'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 SONASID's stock is overvalued or undervalued compared to its peers.
- Examining SONASID'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 SONASID's management team can have a significant impact on its success or failure. Reviewing the track record and experience of SONASID's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SONASID's stock. These opinions can provide insight into SONASID's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for SONASID Stock analysis
When running SONASID's price analysis, check to measure SONASID'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 SONASID is operating at the current time. Most of SONASID's value examination focuses on studying past and present price action to predict the probability of SONASID's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SONASID's price. Additionally, you may evaluate how the addition of SONASID to your portfolios can decrease your overall portfolio volatility.
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