ECOBANK GHANA (Ghana) Performance
| EGH Stock | 6.50 0.00 0.00% |
ECOBANK GHANA has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0487, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ECOBANK GHANA are expected to decrease at a much lower rate. During the bear market, ECOBANK GHANA is likely to outperform the market. ECOBANK GHANA LIMITED at this time shows a risk of 0.82%. Please confirm ECOBANK GHANA LIMITED information ratio, maximum drawdown, kurtosis, as well as the relationship between the jensen alpha and skewness , to decide if ECOBANK GHANA LIMITED will be following its price patterns.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in ECOBANK GHANA LIMITED are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak technical and fundamental indicators, ECOBANK GHANA may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
ECOBANK |
ECOBANK GHANA Relative Risk vs. Return Landscape
If you would invest 610.00 in ECOBANK GHANA LIMITED on September 12, 2024 and sell it today you would earn a total of 40.00 from holding ECOBANK GHANA LIMITED or generate 6.56% return on investment over 90 days. ECOBANK GHANA LIMITED is generating 0.1025% of daily returns and assumes 0.8197% volatility on return distribution over the 90 days horizon. Simply put, 7% of stocks are less volatile than ECOBANK, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ECOBANK GHANA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ECOBANK GHANA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ECOBANK GHANA LIMITED, and traders can use it to determine the average amount a ECOBANK GHANA'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 = 0.125
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | EGH | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average ECOBANK GHANA is performing at about 9% 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 ECOBANK GHANA by adding it to a well-diversified portfolio.
Things to note about ECOBANK GHANA LIMITED performance evaluation
Checking the ongoing alerts about ECOBANK GHANA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ECOBANK GHANA LIMITED help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating ECOBANK GHANA's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate ECOBANK GHANA's stock performance include:- Analyzing ECOBANK GHANA'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 ECOBANK GHANA's stock is overvalued or undervalued compared to its peers.
- Examining ECOBANK GHANA'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 ECOBANK GHANA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ECOBANK GHANA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ECOBANK GHANA's stock. These opinions can provide insight into ECOBANK GHANA's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for ECOBANK Stock analysis
When running ECOBANK GHANA's price analysis, check to measure ECOBANK GHANA'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 ECOBANK GHANA is operating at the current time. Most of ECOBANK GHANA's value examination focuses on studying past and present price action to predict the probability of ECOBANK GHANA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ECOBANK GHANA's price. Additionally, you may evaluate how the addition of ECOBANK GHANA to your portfolios can decrease your overall portfolio volatility.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |