ELEKTROBIT (Germany) Performance
| JOT Stock | EUR 6.04 0.20 3.42% |
On a scale of 0 to 100, ELEKTROBIT holds a performance score of 11. The firm shows a Beta (market volatility) of -0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ELEKTROBIT are expected to decrease at a much lower rate. During the bear market, ELEKTROBIT is likely to outperform the market. Please check ELEKTROBIT's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether ELEKTROBIT's price patterns will revert.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in ELEKTROBIT are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of rather uncertain basic indicators, ELEKTROBIT exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
| Dividend Yield | 0.0221 |
ELEKTROBIT |
ELEKTROBIT Relative Risk vs. Return Landscape
If you would invest 463.00 in ELEKTROBIT on February 1, 2024 and sell it today you would earn a total of 141.00 from holding ELEKTROBIT or generate 30.45% return on investment over 90 days. ELEKTROBIT is generating 0.4754% of daily returns assuming 3.1071% volatility of returns over the 90 days investment horizon. Simply put, 27% of all stocks have less volatile historical return distribution than ELEKTROBIT, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ELEKTROBIT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ELEKTROBIT's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ELEKTROBIT, and traders can use it to determine the average amount a ELEKTROBIT'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 = 0.153
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.11 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average ELEKTROBIT is performing at about 11% 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 ELEKTROBIT by adding it to a well-diversified portfolio.
ELEKTROBIT Fundamentals Growth
ELEKTROBIT Stock prices reflect investors' perceptions of the future prospects and financial health of ELEKTROBIT, and ELEKTROBIT 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 ELEKTROBIT Stock performance.
| Current Valuation | 126.05 M | |||
| Price To Book | 1.10 X | |||
| Price To Sales | 1.43 X | |||
| Total Debt | 20 M | |||
| Total Asset | 166.15 M | |||
About ELEKTROBIT Performance
To evaluate ELEKTROBIT Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when ELEKTROBIT generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare ELEKTROBIT Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand ELEKTROBIT market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents ELEKTROBIT's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Things to note about ELEKTROBIT performance evaluation
Checking the ongoing alerts about ELEKTROBIT for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ELEKTROBIT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ELEKTROBIT had very high historical volatility over the last 90 days |
- Analyzing ELEKTROBIT'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 ELEKTROBIT's stock is overvalued or undervalued compared to its peers.
- Examining ELEKTROBIT'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 ELEKTROBIT's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ELEKTROBIT's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ELEKTROBIT's stock. These opinions can provide insight into ELEKTROBIT's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ELEKTROBIT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for ELEKTROBIT Stock analysis
When running ELEKTROBIT's price analysis, check to measure ELEKTROBIT'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 ELEKTROBIT is operating at the current time. Most of ELEKTROBIT's value examination focuses on studying past and present price action to predict the probability of ELEKTROBIT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ELEKTROBIT's price. Additionally, you may evaluate how the addition of ELEKTROBIT to your portfolios can decrease your overall portfolio volatility.
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