TRANS NATIONWIDE (Nigeria) Performance
| TRANSEXPR | 1.38 0.00 0.00% |
TRANS NATIONWIDE has a performance score of 12 on a scale of 0 to 100. The entity owns a Beta (Systematic Risk) of -0.0927, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TRANS NATIONWIDE are expected to decrease at a much lower rate. During the bear market, TRANS NATIONWIDE is likely to outperform the market. TRANS NATIONWIDE EXP currently owns a risk of 1.24%. Please validate TRANS NATIONWIDE EXPRESS PLC mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and day median price , to decide if TRANS NATIONWIDE EXPRESS PLC will be following its current price history.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in TRANS NATIONWIDE EXPRESS PLC are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, TRANS NATIONWIDE may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
TRANS |
TRANS NATIONWIDE Relative Risk vs. Return Landscape
If you would invest 123.00 in TRANS NATIONWIDE EXPRESS PLC on September 28, 2024 and sell it today you would earn a total of 15.00 from holding TRANS NATIONWIDE EXPRESS PLC or generate 12.2% return on investment over 90 days. TRANS NATIONWIDE EXPRESS PLC is generating 0.1929% of daily returns and assumes 1.2436% volatility on return distribution over the 90 days horizon. Simply put, 11% of stocks are less volatile than TRANS, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
TRANS NATIONWIDE Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TRANS NATIONWIDE's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as TRANS NATIONWIDE EXPRESS PLC, and traders can use it to determine the average amount a TRANS NATIONWIDE'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 = 0.1551
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Estimated Market Risk
| 1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average TRANS NATIONWIDE 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 TRANS NATIONWIDE by adding it to a well-diversified portfolio.
Things to note about TRANS NATIONWIDE EXP performance evaluation
Checking the ongoing alerts about TRANS NATIONWIDE for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for TRANS NATIONWIDE EXP help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TRANS NATIONWIDE EXP may become a speculative penny stock |
- Analyzing TRANS NATIONWIDE'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 TRANS NATIONWIDE's stock is overvalued or undervalued compared to its peers.
- Examining TRANS NATIONWIDE'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 TRANS NATIONWIDE's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TRANS NATIONWIDE's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TRANS NATIONWIDE's stock. These opinions can provide insight into TRANS NATIONWIDE's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for TRANS Stock Analysis
When running TRANS NATIONWIDE's price analysis, check to measure TRANS NATIONWIDE'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 TRANS NATIONWIDE is operating at the current time. Most of TRANS NATIONWIDE's value examination focuses on studying past and present price action to predict the probability of TRANS NATIONWIDE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TRANS NATIONWIDE's price. Additionally, you may evaluate how the addition of TRANS NATIONWIDE to your portfolios can decrease your overall portfolio volatility.