58 Inc Performance

The firm owns a Beta (Systematic Risk) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and 58 are completely uncorrelated.

Risk-Adjusted Performance

0 of 100

 
Low
 
High
Very Weak
Over the last 90 days 58 Inc has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong fundamental drivers, 58 is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Fifty Two Week Low37.92
Target High Price60.00
Fifty Two Week High69.89
Target Low Price60.00
  

58 Relative Risk vs. Return Landscape

If you would invest (100.00) in 58 Inc on December 29, 2023 and sell it today you would earn a total of  100.00  from holding 58 Inc or generate -100.0% return on investment over 90 days. 58 Inc is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than 58, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
       Risk  

58 Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for 58's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as 58 Inc, and traders can use it to determine the average amount a 58'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 = 0.0

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
WUBA
Based on monthly moving average 58 is not performing at its full potential. However, 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 58 by adding 58 to a well-diversified portfolio.

58 Fundamentals Growth

58 Stock prices reflect investors' perceptions of the future prospects and financial health of 58, and 58 fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on 58 Stock performance.

Things to note about 58 Inc performance evaluation

Checking the ongoing alerts about 58 for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for 58 Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
58 Inc is not yet fully synchronised with the market data
58 Inc has some characteristics of a very speculative penny stock
58 Inc has a very high chance of going through financial distress in the upcoming years
Over 80.0% of the company outstanding shares are owned by institutional investors
Evaluating 58's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate 58's stock performance include:
  • Analyzing 58'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 58's stock is overvalued or undervalued compared to its peers.
  • Examining 58'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 58's management team can have a significant impact on its success or failure. Reviewing the track record and experience of 58's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of 58's stock. These opinions can provide insight into 58's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating 58's stock performance is not an exact science, and many factors can impact 58's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the 58 Inc information on this page should be used as a complementary analysis to other 58's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Other Consideration for investing in 58 Stock

If you are still planning to invest in 58 Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the 58's history and understand the potential risks before investing.
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Insider Screener
Find insiders across different sectors to evaluate their impact on performance