Cengild Medical (Malaysia) Performance
| 0243 Stock | 0.28 0.01 3.45% |
Cengild Medical has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cengild Medical are expected to decrease at a much lower rate. During the bear market, Cengild Medical is likely to outperform the market. Cengild Medical Berhad right now shows a risk of 2.14%. Please confirm Cengild Medical Berhad semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if Cengild Medical Berhad will be following its price patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Cengild Medical Berhad are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent basic indicators, Cengild Medical is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
Cengild |
Cengild Medical Relative Risk vs. Return Landscape
If you would invest 27.00 in Cengild Medical Berhad on September 15, 2024 and sell it today you would earn a total of 1.00 from holding Cengild Medical Berhad or generate 3.7% return on investment over 90 days. Cengild Medical Berhad is generating 0.08% of daily returns and assumes 2.1368% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Cengild, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Cengild Medical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cengild Medical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cengild Medical Berhad, and traders can use it to determine the average amount a Cengild Medical'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 = 0.0375
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | 0243 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.14 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Cengild Medical is performing at about 2% 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 Cengild Medical by adding it to a well-diversified portfolio.
Things to note about Cengild Medical Berhad performance evaluation
Checking the ongoing alerts about Cengild Medical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cengild Medical Berhad help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cengild Medical has some characteristics of a very speculative penny stock |
- Analyzing Cengild Medical'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 Cengild Medical's stock is overvalued or undervalued compared to its peers.
- Examining Cengild Medical'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 Cengild Medical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cengild Medical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cengild Medical's stock. These opinions can provide insight into Cengild Medical's potential for growth and whether the stock is currently undervalued or overvalued.