ALUWORKS (Ghana) Performance
| ALW Stock | 0.10 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and ALUWORKS are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days ALUWORKS LTD has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound technical and fundamental indicators, ALUWORKS is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
ALUWORKS |
ALUWORKS Relative Risk vs. Return Landscape
If you would invest 10.00 in ALUWORKS LTD on August 30, 2024 and sell it today you would earn a total of 0.00 from holding ALUWORKS LTD or generate 0.0% return on investment over 90 days. ALUWORKS LTD is generating negative expected returns and assumes 0.0% volatility on return distribution over the 90 days horizon. Simply put, 0% of stocks are less volatile than ALUWORKS, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ALUWORKS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ALUWORKS's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ALUWORKS LTD, and traders can use it to determine the average amount a ALUWORKS'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 = 0.0
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Based on monthly moving average ALUWORKS 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 ALUWORKS by adding ALUWORKS to a well-diversified portfolio.
Things to note about ALUWORKS LTD performance evaluation
Checking the ongoing alerts about ALUWORKS for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ALUWORKS LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ALUWORKS LTD generated a negative expected return over the last 90 days | |
| ALUWORKS LTD has some characteristics of a very speculative penny stock |
- Analyzing ALUWORKS'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 ALUWORKS's stock is overvalued or undervalued compared to its peers.
- Examining ALUWORKS'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 ALUWORKS's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ALUWORKS's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ALUWORKS's stock. These opinions can provide insight into ALUWORKS's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for ALUWORKS Stock analysis
When running ALUWORKS's price analysis, check to measure ALUWORKS'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 ALUWORKS is operating at the current time. Most of ALUWORKS's value examination focuses on studying past and present price action to predict the probability of ALUWORKS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALUWORKS's price. Additionally, you may evaluate how the addition of ALUWORKS to your portfolios can decrease your overall portfolio volatility.
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