WD 40 (Germany) Performance
| WD1 Stock | 248.00 4.00 1.59% |
WD 40 has a performance score of 6 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning WD 40 are expected to decrease at a much lower rate. During the bear market, WD 40 is likely to outperform the market. WD 40 CO today owns a risk of 1.71%. Please check out WD 40 CO information ratio, treynor ratio, and the relationship between the downside deviation and total risk alpha , to decide if WD 40 CO will be following its current price history.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in WD 40 CO are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, WD 40 may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
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WD 40 Relative Risk vs. Return Landscape
If you would invest 22,917 in WD 40 CO on September 23, 2024 and sell it today you would earn a total of 1,883 from holding WD 40 CO or generate 8.22% return on investment over 90 days. WD 40 CO is generating 0.1342% of daily returns and assumes 1.7123% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than WD1, and 98% 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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WD 40 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WD 40's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as WD 40 CO, and traders can use it to determine the average amount a WD 40'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 = 0.0784
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Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average WD 40 is performing at about 6% 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 WD 40 by adding it to a well-diversified portfolio.
Things to note about WD 40 CO performance evaluation
Checking the ongoing alerts about WD 40 for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for WD 40 CO help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating WD 40's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate WD 40's stock performance include:- Analyzing WD 40'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 WD 40's stock is overvalued or undervalued compared to its peers.
- Examining WD 40'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 WD 40's management team can have a significant impact on its success or failure. Reviewing the track record and experience of WD 40's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of WD 40's stock. These opinions can provide insight into WD 40's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for WD1 Stock Analysis
When running WD 40's price analysis, check to measure WD 40'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 WD 40 is operating at the current time. Most of WD 40's value examination focuses on studying past and present price action to predict the probability of WD 40's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WD 40's price. Additionally, you may evaluate how the addition of WD 40 to your portfolios can decrease your overall portfolio volatility.