Speed Medical (Egypt) Performance
| SPMD Stock | 0.38 0.02 5.56% |
Speed Medical has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -0.52, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Speed Medical are expected to decrease at a much lower rate. During the bear market, Speed Medical is likely to outperform the market. Speed Medical right now has a risk of 2.15%. Please validate Speed Medical downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Speed Medical will be following its existing price patterns.
Risk-Adjusted Performance
2 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Speed Medical are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable technical and fundamental indicators, Speed Medical is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Speed |
Speed Medical Relative Risk vs. Return Landscape
If you would invest 37.00 in Speed Medical on September 15, 2024 and sell it today you would earn a total of 1.00 from holding Speed Medical or generate 2.7% return on investment over 90 days. Speed Medical is generating 0.0727% of daily returns and assumes 2.1465% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Speed, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Speed Medical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Speed Medical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Speed Medical, and traders can use it to determine the average amount a Speed 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 = 0.0339
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| Cash | Small Risk | SPMD | High Risk | Huge Risk |
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Estimated Market Risk
| 2.15 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Speed 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 Speed Medical by adding it to a well-diversified portfolio.
Things to note about Speed Medical performance evaluation
Checking the ongoing alerts about Speed Medical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Speed Medical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Speed Medical has some characteristics of a very speculative penny stock |
- Analyzing Speed 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 Speed Medical's stock is overvalued or undervalued compared to its peers.
- Examining Speed 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 Speed Medical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Speed Medical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Speed Medical's stock. These opinions can provide insight into Speed Medical's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Speed Stock analysis
When running Speed Medical's price analysis, check to measure Speed Medical'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 Speed Medical is operating at the current time. Most of Speed Medical's value examination focuses on studying past and present price action to predict the probability of Speed Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Speed Medical's price. Additionally, you may evaluate how the addition of Speed Medical to your portfolios can decrease your overall portfolio volatility.
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