CONOIL PLC (Nigeria) Performance
| CONOIL Stock | 234.50 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CONOIL PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding CONOIL PLC is expected to be smaller as well. At this point, CONOIL PLC has a negative expected return of -0.56%. Please make sure to confirm CONOIL PLC's variance and skewness , to decide if CONOIL PLC performance from the past will be repeated in the future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days CONOIL PLC has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's forward indicators remain somewhat strong which may send shares a bit higher in August 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
CONOIL |
CONOIL PLC Relative Risk vs. Return Landscape
If you would invest 33,120 in CONOIL PLC on April 30, 2025 and sell it today you would lose (9,670) from holding CONOIL PLC or give up 29.2% of portfolio value over 90 days. CONOIL PLC is generating negative expected returns and assumes 2.2348% volatility on return distribution over the 90 days horizon. Simply put, 20% of stocks are less volatile than CONOIL, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CONOIL PLC Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CONOIL PLC's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CONOIL PLC, and traders can use it to determine the average amount a CONOIL PLC'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 = -0.2494
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CONOIL |
Estimated Market Risk
| 2.23 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.56 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.25 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CONOIL PLC 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 CONOIL PLC by adding CONOIL PLC to a well-diversified portfolio.
Things to note about CONOIL PLC performance evaluation
Checking the ongoing alerts about CONOIL PLC for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CONOIL PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| CONOIL PLC generated a negative expected return over the last 90 days |
- Analyzing CONOIL PLC'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 CONOIL PLC's stock is overvalued or undervalued compared to its peers.
- Examining CONOIL PLC'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 CONOIL PLC's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CONOIL PLC's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CONOIL PLC's stock. These opinions can provide insight into CONOIL PLC's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for CONOIL Stock analysis
When running CONOIL PLC's price analysis, check to measure CONOIL PLC'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 CONOIL PLC is operating at the current time. Most of CONOIL PLC's value examination focuses on studying past and present price action to predict the probability of CONOIL PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CONOIL PLC's price. Additionally, you may evaluate how the addition of CONOIL PLC to your portfolios can decrease your overall portfolio volatility.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |