Sanasa Development (Sri Lanka) Performance
| SDBN0000 | LKR 33.00 0.10 0.30% |
Sanasa Development has a performance score of 9 on a scale of 0 to 100. The entity has a beta of -0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sanasa Development are expected to decrease at a much lower rate. During the bear market, Sanasa Development is likely to outperform the market. Sanasa Development Bank right now has a risk of 1.42%. Please validate Sanasa Development total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Sanasa Development will be following its existing price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Sanasa Development Bank are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Sanasa Development may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
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Sanasa Development Relative Risk vs. Return Landscape
If you would invest 2,990 in Sanasa Development Bank on September 15, 2024 and sell it today you would earn a total of 310.00 from holding Sanasa Development Bank or generate 10.37% return on investment over 90 days. Sanasa Development Bank is generating 0.1744% of daily returns and assumes 1.4179% volatility on return distribution over the 90 days horizon. Simply put, 12% of stocks are less volatile than Sanasa, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Sanasa Development Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sanasa Development's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sanasa Development Bank, and traders can use it to determine the average amount a Sanasa Development'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 = 0.123
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Estimated Market Risk
| 1.42 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Sanasa Development 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 Sanasa Development by adding it to a well-diversified portfolio.
About Sanasa Development Performance
By analyzing Sanasa Development's fundamental ratios, stakeholders can gain valuable insights into Sanasa Development's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Sanasa Development 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 Sanasa Development 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 Sanasa Development Bank performance evaluation
Checking the ongoing alerts about Sanasa Development for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sanasa Development Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Sanasa Development's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Sanasa Development's stock performance include:- Analyzing Sanasa Development'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 Sanasa Development's stock is overvalued or undervalued compared to its peers.
- Examining Sanasa Development'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 Sanasa Development's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sanasa Development's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sanasa Development's stock. These opinions can provide insight into Sanasa Development's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Sanasa Stock analysis
When running Sanasa Development's price analysis, check to measure Sanasa Development'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 Sanasa Development is operating at the current time. Most of Sanasa Development's value examination focuses on studying past and present price action to predict the probability of Sanasa Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sanasa Development's price. Additionally, you may evaluate how the addition of Sanasa Development to your portfolios can decrease your overall portfolio volatility.
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