DISCOVERY COMMUNICATIONS (UK) Performance

The firm shows a Beta (market volatility) of 1.0044, which means a somewhat significant risk relative to the market. Let's try to break down what DISCOVERY's beta means in this case. DISCOVERY COMMUNICATIONS returns are very sensitive to returns on the market. As the market goes up or down, DISCOVERY COMMUNICATIONS is expected to follow. Although it is important to respect DISCOVERY COMMUNICATIONS historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The way of predicting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By examining DISCOVERY COMMUNICATIONS technical indicators, you can today evaluate if the expected return of 0.0% will be sustainable into the future. DISCOVERY COMMUNICATIONS now shows a risk of 0.0%. Please confirm DISCOVERY COMMUNICATIONS variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if DISCOVERY COMMUNICATIONS will be following its price patterns.
  
DISCOVERY Performance
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Over the last 90 days DISCOVERY COMMUNICATIONS INC has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively steady fundamental indicators, DISCOVERY COMMUNICATIONS is not utilizing all of its potentials. The current stock price chaos, may contribute to medium-term losses for the stakeholders. ...more
Quick Ratio1.48
Fifty Two Week Low25.09
Fifty Two Week High25.50

DISCOVERY COMMUNICATIONS Relative Risk vs. Return Landscape

If you would invest  2,263  in DISCOVERY COMMUNICATIONS INC on May 11, 2022 and sell it today you would earn a total of  0.00  from holding DISCOVERY COMMUNICATIONS INC or generate 0.0% return on investment over 90 days. DISCOVERY COMMUNICATIONS INC is producing return of less than zero assuming 0.0% volatility of returns over the 90 days investment horizon. Simply put, 0% of all stocks have less volatile historical return distribution than DISCOVERY COMMUNICATIONS, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
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DISCOVERY COMMUNICATIONS Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for DISCOVERY COMMUNICATIONS's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as DISCOVERY COMMUNICATIONS INC, and traders can use it to determine the average amount a DISCOVERY COMMUNICATIONS'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 = 0.0

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Based on monthly moving average DISCOVERY COMMUNICATIONS is performing at about 0% 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 DISCOVERY COMMUNICATIONS by adding it to a well-diversified portfolio.

About DISCOVERY COMMUNICATIONS Performance

To evaluate DISCOVERY COMMUNICATIONS 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 DISCOVERY COMMUNICATIONS 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 DISCOVERY 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 DISCOVERY COMMUNICATIONS stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents DISCOVERY'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.
Discovery, Inc., a media company, provides content across various distribution platforms in approximately 50 languages worldwide. The company was founded in 1985 and is headquartered in Silver Spring, Maryland. DISCOVERY COMMUNICATIONS is traded on London Stock Exchange in UK.

Things to note about DISCOVERY COMMUNICATIONS

Checking the ongoing alerts about DISCOVERY COMMUNICATIONS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DISCOVERY COMMUNICATIONS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

DISCOVERY COMMUNICATIONS Alerts

Equity Alerts and Improvement Suggestions

DISCOVERY COMMUNICATIONS is not yet fully synchronised with the market data
DISCOVERY COMMUNICATIONS has some characteristics of a very speculative penny stock
DISCOVERY COMMUNICATIONS has high likelihood to experience some financial distress in the next 2 years
Please continue to Trending Equities. Note that the DISCOVERY COMMUNICATIONS information on this page should be used as a complementary analysis to other DISCOVERY COMMUNICATIONS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running DISCOVERY COMMUNICATIONS price analysis, check to measure DISCOVERY COMMUNICATIONS'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 DISCOVERY COMMUNICATIONS is operating at the current time. Most of DISCOVERY COMMUNICATIONS's value examination focuses on studying past and present price action to predict the probability of DISCOVERY COMMUNICATIONS's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move DISCOVERY COMMUNICATIONS's price. Additionally, you may evaluate how the addition of DISCOVERY COMMUNICATIONS to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between DISCOVERY COMMUNICATIONS's value and its price as these two are different measures arrived at by different means. Investors typically determine DISCOVERY COMMUNICATIONS value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DISCOVERY COMMUNICATIONS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.