Trans Asia (Sri Lanka) Performance
| TRANN0000 | LKR 42.00 0.10 0.24% |
Trans Asia has a performance score of 4 on a scale of 0 to 100. The entity has a beta of -0.39, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Trans Asia are expected to decrease at a much lower rate. During the bear market, Trans Asia is likely to outperform the market. Trans Asia Hotels right now has a risk of 1.86%. Please validate Trans Asia value at risk, and the relationship between the jensen alpha and skewness , to decide if Trans Asia will be following its existing price patterns.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Trans Asia Hotels are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Trans Asia may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
Trans |
Trans Asia Relative Risk vs. Return Landscape
If you would invest 4,000 in Trans Asia Hotels on September 17, 2024 and sell it today you would earn a total of 200.00 from holding Trans Asia Hotels or generate 5.0% return on investment over 90 days. Trans Asia Hotels is generating 0.111% of daily returns and assumes 1.8606% volatility on return distribution over the 90 days horizon. Simply put, 16% of stocks are less volatile than Trans, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Trans Asia Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trans Asia's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Trans Asia Hotels, and traders can use it to determine the average amount a Trans Asia'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 = 0.0596
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| Cash | Small Risk | TRANN0000 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.86 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Trans Asia is performing at about 4% 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 Trans Asia by adding it to a well-diversified portfolio.
About Trans Asia Performance
By analyzing Trans Asia's fundamental ratios, stakeholders can gain valuable insights into Trans Asia's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Trans Asia 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 Trans Asia 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 Trans Asia Hotels performance evaluation
Checking the ongoing alerts about Trans Asia for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Trans Asia Hotels help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Trans Asia's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Trans Asia's stock performance include:- Analyzing Trans Asia'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 Trans Asia's stock is overvalued or undervalued compared to its peers.
- Examining Trans Asia'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 Trans Asia's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Trans Asia's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Trans Asia's stock. These opinions can provide insight into Trans Asia's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Trans Stock analysis
When running Trans Asia's price analysis, check to measure Trans Asia'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 Trans Asia is operating at the current time. Most of Trans Asia's value examination focuses on studying past and present price action to predict the probability of Trans Asia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trans Asia's price. Additionally, you may evaluate how the addition of Trans Asia to your portfolios can decrease your overall portfolio volatility.
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