Fomo Worldwide Stock Performance
| IGOT Stock | 0.0001 0.00 0.00% |
Fomo Worldwide holds a performance score of 20 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.96, which means possible diversification benefits within a given portfolio. Fomo Worldwide returns are very sensitive to returns on the market. As the market goes up or down, Fomo Worldwide is expected to follow. Use Fomo Worldwide treynor ratio, as well as the relationship between the semi variance and rate of daily change , to analyze future returns on Fomo Worldwide.
Risk-Adjusted Performance
20 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Fomo Worldwide are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively inconsistent basic indicators, Fomo Worldwide unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
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Fomo Worldwide Relative Risk vs. Return Landscape
If you would invest 0.14 in Fomo Worldwide on September 29, 2024 and sell it today you would lose (0.13) from holding Fomo Worldwide or give up 92.86% of portfolio value over 90 days. Fomo Worldwide is currently generating 72.3923% in daily expected returns and assumes 276.4871% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Fomo, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Fomo Worldwide Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fomo Worldwide's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Fomo Worldwide, and traders can use it to determine the average amount a Fomo Worldwide'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 = 0.2618
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 276.49 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Fomo Worldwide is performing at about 20% 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 Fomo Worldwide by adding it to a well-diversified portfolio.
Things to note about Fomo Worldwide performance evaluation
Checking the ongoing alerts about Fomo Worldwide for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Fomo Worldwide help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Fomo Worldwide is way too risky over 90 days horizon | |
| Fomo Worldwide has some characteristics of a very speculative penny stock | |
| Fomo Worldwide appears to be risky and price may revert if volatility continues |
- Analyzing Fomo Worldwide'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 Fomo Worldwide's stock is overvalued or undervalued compared to its peers.
- Examining Fomo Worldwide'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 Fomo Worldwide's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fomo Worldwide's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Fomo Worldwide's pink sheet. These opinions can provide insight into Fomo Worldwide's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Fomo Pink Sheet Analysis
When running Fomo Worldwide's price analysis, check to measure Fomo Worldwide'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 Fomo Worldwide is operating at the current time. Most of Fomo Worldwide's value examination focuses on studying past and present price action to predict the probability of Fomo Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fomo Worldwide's price. Additionally, you may evaluate how the addition of Fomo Worldwide to your portfolios can decrease your overall portfolio volatility.