CEYLINCO INSURANCE (Sri Lanka) Performance
| CINSX0000 | LKR 830.00 20.00 2.35% |
CEYLINCO INSURANCE has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CEYLINCO INSURANCE's returns are expected to increase less than the market. However, during the bear market, the loss of holding CEYLINCO INSURANCE is expected to be smaller as well. CEYLINCO INSURANCE PLC currently shows a risk of 1.01%. Please confirm CEYLINCO INSURANCE PLC semi variance, as well as the relationship between the rate of daily change and relative strength index , to decide if CEYLINCO INSURANCE PLC will be following its price patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in CEYLINCO INSURANCE PLC are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, CEYLINCO INSURANCE is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
CEYLINCO |
CEYLINCO INSURANCE Relative Risk vs. Return Landscape
If you would invest 82,000 in CEYLINCO INSURANCE PLC on March 12, 2024 and sell it today you would earn a total of 1,000.00 from holding CEYLINCO INSURANCE PLC or generate 1.22% return on investment over 90 days. CEYLINCO INSURANCE PLC is generating 0.0267% of daily returns and assumes 1.0132% volatility on return distribution over the 90 days horizon. Simply put, 8% of stocks are less volatile than CEYLINCO, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CEYLINCO INSURANCE Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CEYLINCO INSURANCE's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CEYLINCO INSURANCE PLC, and traders can use it to determine the average amount a CEYLINCO INSURANCE'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 = 0.0263
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Estimated Market Risk
| 1.01 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average CEYLINCO INSURANCE is performing at about 2% 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 CEYLINCO INSURANCE by adding it to a well-diversified portfolio.
About CEYLINCO INSURANCE Performance
To evaluate CEYLINCO INSURANCE PLC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when CEYLINCO INSURANCE generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare CEYLINCO Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand CEYLINCO INSURANCE PLC market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents CEYLINCO's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Things to note about CEYLINCO INSURANCE PLC performance evaluation
Checking the ongoing alerts about CEYLINCO INSURANCE for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CEYLINCO INSURANCE PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating CEYLINCO INSURANCE's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate CEYLINCO INSURANCE's stock performance include:- Analyzing CEYLINCO INSURANCE'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 CEYLINCO INSURANCE's stock is overvalued or undervalued compared to its peers.
- Examining CEYLINCO INSURANCE'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 CEYLINCO INSURANCE's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CEYLINCO INSURANCE's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CEYLINCO INSURANCE's stock. These opinions can provide insight into CEYLINCO INSURANCE's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for CEYLINCO Stock analysis
When running CEYLINCO INSURANCE's price analysis, check to measure CEYLINCO INSURANCE'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 CEYLINCO INSURANCE is operating at the current time. Most of CEYLINCO INSURANCE's value examination focuses on studying past and present price action to predict the probability of CEYLINCO INSURANCE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CEYLINCO INSURANCE's price. Additionally, you may evaluate how the addition of CEYLINCO INSURANCE to your portfolios can decrease your overall portfolio volatility.
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