Nedbank Group Stock Performance
| NDBKY Stock | USD 11.67 0.27 2.37% |
Nedbank has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.44, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nedbank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nedbank is expected to be smaller as well. Nedbank Group right now secures a risk of 1.75%. Please verify Nedbank Group downside variance, and the relationship between the total risk alpha and daily balance of power , to decide if Nedbank Group will be following its current price movements.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Nedbank Group are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong forward-looking signals, Nedbank is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 41.4 B | |
| Total Cashflows From Investing Activities | -2 B |
Nedbank |
Nedbank Relative Risk vs. Return Landscape
If you would invest 1,116 in Nedbank Group on January 24, 2024 and sell it today you would earn a total of 51.00 from holding Nedbank Group or generate 4.57% return on investment over 90 days. Nedbank Group is currently producing 0.086% returns and takes up 1.7496% volatility of returns over 90 trading days. Put another way, 15% of traded pink sheets are less volatile than Nedbank, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nedbank Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nedbank's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Nedbank Group, and traders can use it to determine the average amount a Nedbank'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 = 0.0492
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | NDBKY | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Nedbank is performing at about 3% 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 Nedbank by adding it to a well-diversified portfolio.
Nedbank Fundamentals Growth
Nedbank Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Nedbank, and Nedbank fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nedbank Pink Sheet performance.
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0114 | |||
| Profit Margin | 0.23 % | |||
| Operating Margin | 0.35 % | |||
| Current Valuation | 66.7 B | |||
| Shares Outstanding | 487.32 M | |||
| Price To Earning | 27.59 X | |||
| Price To Book | 0.93 X | |||
| Price To Sales | 0.11 X | |||
| Revenue | 53.72 B | |||
| EBITDA | 54.46 B | |||
| Cash And Equivalents | 88.58 B | |||
| Cash Per Share | 181.76 X | |||
| Total Debt | 95.37 B | |||
| Book Value Per Share | 209.63 X | |||
| Cash Flow From Operations | 12.14 B | |||
| Earnings Per Share | 1.44 X | |||
| Total Asset | 1.22 T | |||
| Retained Earnings | 52.77 B | |||
| Current Asset | 79.91 B | |||
| Current Liabilities | 767.85 B | |||
About Nedbank Performance
To evaluate Nedbank Group Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Nedbank 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 Nedbank Pink Sheet'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 Nedbank Group market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Nedbank'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.Nedbank Group Limited, together with its subsidiaries, provides various wholesale and retail banking services in South Africa and internationally. Nedbank Group Limited was founded in 1831 and is headquartered in Sandton, South Africa. Nedbank is traded on OTC Exchange in the United States.Things to note about Nedbank Group performance evaluation
Checking the ongoing alerts about Nedbank for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Nedbank Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nedbank Group has high likelihood to experience some financial distress in the next 2 years |
- Analyzing Nedbank'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 Nedbank's stock is overvalued or undervalued compared to its peers.
- Examining Nedbank'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 Nedbank's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nedbank's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nedbank's pink sheet. These opinions can provide insight into Nedbank's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nedbank Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Nedbank Pink Sheet analysis
When running Nedbank's price analysis, check to measure Nedbank'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 Nedbank is operating at the current time. Most of Nedbank's value examination focuses on studying past and present price action to predict the probability of Nedbank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nedbank's price. Additionally, you may evaluate how the addition of Nedbank to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Transaction History View history of all your transactions and understand their impact on performance |