SECURE ELECTRONIC (Nigeria) Performance
| NSLTECH Stock | 0.57 0.06 9.52% |
The entity owns a Beta (Systematic Risk) of -0.83, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SECURE ELECTRONIC are expected to decrease at a much lower rate. During the bear market, SECURE ELECTRONIC is likely to outperform the market. At this point, SECURE ELECTRONIC has a negative expected return of -0.21%. Please make sure to validate SECURE ELECTRONIC's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if SECURE ELECTRONIC performance from the past will be repeated in the future.
Risk-Adjusted Performance
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Over the last 90 days SECURE ELECTRONIC TECHNOLOGY has generated negative risk-adjusted returns adding no value to investors with long positions. Despite uncertain performance in the last few months, the Stock's fundamental indicators remain fairly strong which may send shares a bit higher in January 2025. The recent confusion may also be a sign of long-lasting up-swing for the firm traders. ...more
SECURE |
SECURE ELECTRONIC Relative Risk vs. Return Landscape
If you would invest 70.00 in SECURE ELECTRONIC TECHNOLOGY on September 12, 2024 and sell it today you would lose (13.00) from holding SECURE ELECTRONIC TECHNOLOGY or give up 18.57% of portfolio value over 90 days. SECURE ELECTRONIC TECHNOLOGY is generating negative expected returns and assumes 4.9416% volatility on return distribution over the 90 days horizon. Simply put, 44% of stocks are less volatile than SECURE, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SECURE ELECTRONIC Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SECURE ELECTRONIC's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as SECURE ELECTRONIC TECHNOLOGY, and traders can use it to determine the average amount a SECURE ELECTRONIC'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 = -0.0415
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| Negative Returns | NSLTECH |
Estimated Market Risk
| 4.94 actual daily | 43 57% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SECURE ELECTRONIC 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 SECURE ELECTRONIC by adding SECURE ELECTRONIC to a well-diversified portfolio.
Things to note about SECURE ELECTRONIC performance evaluation
Checking the ongoing alerts about SECURE ELECTRONIC for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SECURE ELECTRONIC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| SECURE ELECTRONIC generated a negative expected return over the last 90 days | |
| SECURE ELECTRONIC has some characteristics of a very speculative penny stock | |
| SECURE ELECTRONIC has high historical volatility and very poor performance |
- Analyzing SECURE ELECTRONIC'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 SECURE ELECTRONIC's stock is overvalued or undervalued compared to its peers.
- Examining SECURE ELECTRONIC'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 SECURE ELECTRONIC's management team can have a significant impact on its success or failure. Reviewing the track record and experience of SECURE ELECTRONIC's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SECURE ELECTRONIC's stock. These opinions can provide insight into SECURE ELECTRONIC's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for SECURE Stock analysis
When running SECURE ELECTRONIC's price analysis, check to measure SECURE ELECTRONIC'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 SECURE ELECTRONIC is operating at the current time. Most of SECURE ELECTRONIC's value examination focuses on studying past and present price action to predict the probability of SECURE ELECTRONIC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SECURE ELECTRONIC's price. Additionally, you may evaluate how the addition of SECURE ELECTRONIC to your portfolios can decrease your overall portfolio volatility.
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