If you would invest 3,650
in Australia New Zealand Banking Group Limited on November 9, 2013
and sell it today you would lose (224.00)
from holding Australia New Zealand Banking Group Limited or give up 6.14%
of portfolio value over 30
days. Australia New Zealand Banking Group Limited is producing return of less than zero assuming 0.86% volatility of returns over the 30 days investment horizon. Simply put, 9% of all equities have less volatile historical return distribution than Australia New Zealand Banking Group Limited and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, Australia New Zealand Banking Group Limited is expected to under-perform the market. In addition to that, the company is 1.87 times more volatile than its market benchmark. It trades about -0.37 of its total potential returns per unit of risk. The S&P 500 is currently generating roughly 0.22 per unit of volatility.
Based on recorded statements Australia New Zealand Banking Group Limited has Operating Margin of 52%. This is 121.72% higher than that of Financial sector, and 97.61% higher than that of Money Center Banks
industry, The Operating Margin for all stocks is 1272.51% lower than the firm.
A good Operating Margin is required for a company to be able to pay for its fixed costs or pay out its debt which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against firm's competitors.