The firm shows Beta (market volatility) of -0.7502 which denotes to the fact that as returns on market increase, returns on owning Energy Development are expected to decrease at a much smaller rate. During bear market, Energy Development is likely to outperform the market. Even though it is essential to pay attention to Energy Development
historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Energy Development Company Limited exposes twenty-one different technical indicators which can help you to evaluate its performance. Energy Development
has expected return of -0.3119%. Please be advised to confirm Energy Development Treynor Ratio
, and the relationship
between Standard Deviation
and Downside Variance
to decide if Energy Development
past performance will be repeated at some point in the near future.
Over the last 30 days Energy Development Company Limited has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's fundamental drivers remain rather sound which may send shares a bit higher in July 2019. The ongoing tumult may also be a sign of longer-term up-swing for the firm shareholders.
|Fifty Two Week Low||5.50|
|Fifty Two Week High||19.25|
|Trailing Annual Dividend Yield||7.56%|