SKAGEN Global (Denmark) Performance
| SKIGLO Stock | DKK 2,334 4.00 0.17% |
SKAGEN Global has a performance score of 8 on a scale of 0 to 100. The entity owns a Beta (Systematic Risk) of -0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SKAGEN Global are expected to decrease at a much lower rate. During the bear market, SKAGEN Global is likely to outperform the market. SKAGEN Global A now owns a risk of 0.6%. Please validate SKAGEN Global A downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if SKAGEN Global A will be following its current price history.
Risk-Adjusted Performance
8 of 100
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OK
Compared to the overall equity markets, risk-adjusted returns on investments in SKAGEN Global A are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong essential indicators, SKAGEN Global is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
SKAGEN |
SKAGEN Global Relative Risk vs. Return Landscape
If you would invest 224,150 in SKAGEN Global A on January 25, 2024 and sell it today you would earn a total of 9,250 from holding SKAGEN Global A or generate 4.13% return on investment over 90 days. SKAGEN Global A is generating 0.0681% of daily returns and assumes 0.5976% volatility on return distribution over the 90 days horizon. Simply put, 5% of stocks are less volatile than SKAGEN, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SKAGEN Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SKAGEN Global's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as SKAGEN Global A, and traders can use it to determine the average amount a SKAGEN Global'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 = 0.1139
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Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average SKAGEN Global is performing at about 8% 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 SKAGEN Global by adding it to a well-diversified portfolio.
About SKAGEN Global Performance
To evaluate SKAGEN Global A 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 SKAGEN Global 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 SKAGEN 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 SKAGEN Global A market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents SKAGEN'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 SKAGEN Global A performance evaluation
Checking the ongoing alerts about SKAGEN Global for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SKAGEN Global A help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating SKAGEN Global's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate SKAGEN Global's stock performance include:- Analyzing SKAGEN Global'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 SKAGEN Global's stock is overvalued or undervalued compared to its peers.
- Examining SKAGEN Global'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 SKAGEN Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of SKAGEN Global's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SKAGEN Global's stock. These opinions can provide insight into SKAGEN Global's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SKAGEN Global A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for SKAGEN Stock analysis
When running SKAGEN Global's price analysis, check to measure SKAGEN Global'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 SKAGEN Global is operating at the current time. Most of SKAGEN Global's value examination focuses on studying past and present price action to predict the probability of SKAGEN Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SKAGEN Global's price. Additionally, you may evaluate how the addition of SKAGEN Global to your portfolios can decrease your overall portfolio volatility.
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