ZENITH BANK (Nigeria) Performance
| ZENITHBANK | 49.45 1.55 3.24% |
ZENITH BANK has a performance score of 6 on a scale of 0 to 100. The firm maintains a market beta of 0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, ZENITH BANK's returns are expected to increase less than the market. However, during the bear market, the loss of holding ZENITH BANK is expected to be smaller as well. ZENITH BANK PLC currently maintains a risk of 1.57%. Please check out ZENITH BANK PLC potential upside, as well as the relationship between the kurtosis and day typical price , to decide if ZENITH BANK PLC will be following its historical returns.
Risk-Adjusted Performance
Modest
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in ZENITH BANK PLC are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite somewhat uncertain basic indicators, ZENITH BANK may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
ZENITH |
ZENITH BANK Relative Risk vs. Return Landscape
If you would invest 4,595 in ZENITH BANK PLC on December 26, 2024 and sell it today you would earn a total of 350.00 from holding ZENITH BANK PLC or generate 7.62% return on investment over 90 days. ZENITH BANK PLC is generating 0.1304% of daily returns and assumes 1.5678% volatility on return distribution over the 90 days horizon. Simply put, 13% of stocks are less volatile than ZENITH, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ZENITH BANK Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZENITH BANK's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ZENITH BANK PLC, and traders can use it to determine the average amount a ZENITH BANK'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 = 0.0832
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | ZENITHBANK | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.57 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average ZENITH BANK is performing at about 6% 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 ZENITH BANK by adding it to a well-diversified portfolio.
Things to note about ZENITH BANK PLC performance evaluation
Checking the ongoing alerts about ZENITH BANK for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ZENITH BANK PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating ZENITH BANK's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate ZENITH BANK's stock performance include:- Analyzing ZENITH BANK'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 ZENITH BANK's stock is overvalued or undervalued compared to its peers.
- Examining ZENITH BANK'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 ZENITH BANK's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ZENITH BANK's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ZENITH BANK's stock. These opinions can provide insight into ZENITH BANK's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for ZENITH Stock analysis
When running ZENITH BANK's price analysis, check to measure ZENITH BANK'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 ZENITH BANK is operating at the current time. Most of ZENITH BANK's value examination focuses on studying past and present price action to predict the probability of ZENITH BANK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZENITH BANK's price. Additionally, you may evaluate how the addition of ZENITH BANK to your portfolios can decrease your overall portfolio volatility.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |