Renuka Shaw (Sri Lanka) Performance
| COCON0000 | LKR 10.90 0.20 1.87% |
The company holds a Beta of -0.47, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Renuka Shaw are expected to decrease at a much lower rate. During the bear market, Renuka Shaw is likely to outperform the market. At this point, Renuka Shaw Wallace has a negative expected return of -0.0531%. Please make sure to check Renuka Shaw's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Renuka Shaw Wallace performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Renuka Shaw Wallace has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Renuka Shaw is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Renuka |
Renuka Shaw Relative Risk vs. Return Landscape
If you would invest 1,140 in Renuka Shaw Wallace on August 23, 2024 and sell it today you would lose (50.00) from holding Renuka Shaw Wallace or give up 4.39% of portfolio value over 90 days. Renuka Shaw Wallace is generating negative expected returns and assumes 2.2335% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Renuka, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Renuka Shaw Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Renuka Shaw's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Renuka Shaw Wallace, and traders can use it to determine the average amount a Renuka Shaw'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 = -0.0238
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| Negative Returns | COCON0000 |
Estimated Market Risk
| 2.23 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Renuka Shaw 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 Renuka Shaw by adding Renuka Shaw to a well-diversified portfolio.
About Renuka Shaw Performance
By analyzing Renuka Shaw's fundamental ratios, stakeholders can gain valuable insights into Renuka Shaw's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Renuka Shaw 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 Renuka Shaw 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 Renuka Shaw Wallace performance evaluation
Checking the ongoing alerts about Renuka Shaw for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Renuka Shaw Wallace help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Renuka Shaw Wallace generated a negative expected return over the last 90 days |
- Analyzing Renuka Shaw'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 Renuka Shaw's stock is overvalued or undervalued compared to its peers.
- Examining Renuka Shaw'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 Renuka Shaw's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Renuka Shaw's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Renuka Shaw's stock. These opinions can provide insight into Renuka Shaw's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Renuka Stock analysis
When running Renuka Shaw's price analysis, check to measure Renuka Shaw'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 Renuka Shaw is operating at the current time. Most of Renuka Shaw's value examination focuses on studying past and present price action to predict the probability of Renuka Shaw's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renuka Shaw's price. Additionally, you may evaluate how the addition of Renuka Shaw to your portfolios can decrease your overall portfolio volatility.
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