Hardwoods Distribution Performance
The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Hardwoods Distribution are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Hardwoods Distribution has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong fundamental indicators, Hardwoods Distribution is not utilizing all of its potentials. The recent stock price confusion, may contribute to short-horizon losses for the traders. ...more
Hardwoods |
Hardwoods Distribution Relative Risk vs. Return Landscape
If you would invest (100.00) in Hardwoods Distribution on September 19, 2024 and sell it today you would earn a total of 100.00 from holding Hardwoods Distribution or generate -100.0% return on investment over 90 days. Hardwoods Distribution is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of stocks are less volatile than Hardwoods, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
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Hardwoods Distribution Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hardwoods Distribution's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hardwoods Distribution, and traders can use it to determine the average amount a Hardwoods Distribution'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 Hardwoods Distribution 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 Hardwoods Distribution by adding Hardwoods Distribution to a well-diversified portfolio.
Things to note about Hardwoods Distribution performance evaluation
Checking the ongoing alerts about Hardwoods Distribution for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hardwoods Distribution help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hardwoods Distribution is not yet fully synchronised with the market data | |
| Hardwoods Distribution has some characteristics of a very speculative penny stock |
- Analyzing Hardwoods Distribution'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 Hardwoods Distribution's stock is overvalued or undervalued compared to its peers.
- Examining Hardwoods Distribution'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 Hardwoods Distribution's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hardwoods Distribution's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hardwoods Distribution's stock. These opinions can provide insight into Hardwoods Distribution's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Other Consideration for investing in Hardwoods Stock
If you are still planning to invest in Hardwoods Distribution check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Hardwoods Distribution's history and understand the potential risks before investing.
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