Union Chemicals (Sri Lanka) Performance
| UCARN0000 | 760.00 2.00 0.26% |
Union Chemicals has a performance score of 9 on a scale of 0 to 100. The entity has a beta of -0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Union Chemicals are expected to decrease at a much lower rate. During the bear market, Union Chemicals is likely to outperform the market. Union Chemicals Lanka right now has a risk of 1.07%. Please validate Union Chemicals semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Union Chemicals will be following its existing price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Union Chemicals Lanka are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Union Chemicals may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
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Union Chemicals Relative Risk vs. Return Landscape
If you would invest 71,600 in Union Chemicals Lanka on December 20, 2024 and sell it today you would earn a total of 4,400 from holding Union Chemicals Lanka or generate 6.15% return on investment over 90 days. Union Chemicals Lanka is generating 0.1226% of daily returns and assumes 1.0729% volatility on return distribution over the 90 days horizon. Simply put, 9% of stocks are less volatile than Union, and 98% 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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Union Chemicals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Union Chemicals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Union Chemicals Lanka, and traders can use it to determine the average amount a Union Chemicals' 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 = 0.1143
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Estimated Market Risk
| 1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 9 91% of assets perform better |
Based on monthly moving average Union Chemicals is performing at about 9% 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 Union Chemicals by adding it to a well-diversified portfolio.
About Union Chemicals Performance
By analyzing Union Chemicals' fundamental ratios, stakeholders can gain valuable insights into Union Chemicals' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Union Chemicals 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 Union Chemicals 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 Union Chemicals Lanka performance evaluation
Checking the ongoing alerts about Union Chemicals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Union Chemicals Lanka help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Union Chemicals is not yet fully synchronised with the market data |
- Analyzing Union Chemicals' 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 Union Chemicals' stock is overvalued or undervalued compared to its peers.
- Examining Union Chemicals' 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 Union Chemicals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Union Chemicals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Union Chemicals' stock. These opinions can provide insight into Union Chemicals' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Union Stock analysis
When running Union Chemicals' price analysis, check to measure Union Chemicals' 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 Union Chemicals is operating at the current time. Most of Union Chemicals' value examination focuses on studying past and present price action to predict the probability of Union Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Union Chemicals' price. Additionally, you may evaluate how the addition of Union Chemicals to your portfolios can decrease your overall portfolio volatility.
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