SKAGEN M (Denmark) Performance
| SKIM2 Stock | DKK 259.02 81.14 2.13% |
The entity owns a Beta (Systematic Risk) of 0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SKAGEN M's returns are expected to increase less than the market. However, during the bear market, the loss of holding SKAGEN M is expected to be smaller as well. SKAGEN m has an expected return of -0.0574%. Please make sure to validate SKAGEN m coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if SKAGEN m performance from the past will be repeated in the future.
Risk-Adjusted Performance
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Over the last 90 days SKAGEN m has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, SKAGEN M is not utilizing all of its potentials. The recent stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
SKAGEN |
SKAGEN M Relative Risk vs. Return Landscape
If you would invest 16,940 in SKAGEN m on January 30, 2024 and sell it today you would lose (625.00) from holding SKAGEN m or give up 3.69% of portfolio value over 90 days. SKAGEN m is generating negative expected returns and assumes 0.8073% volatility on return distribution over the 90 days horizon. Simply put, 7% 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 M Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SKAGEN M's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as SKAGEN m, and traders can use it to determine the average amount a SKAGEN M'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 = -0.0711
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| Negative Returns | SKIM2 |
Estimated Market Risk
| 0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SKAGEN M is not performing at its full potential. However, 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 M by adding SKAGEN M to a well-diversified portfolio.
About SKAGEN M Performance
To evaluate SKAGEN m 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 M 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 m 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 m performance evaluation
Checking the ongoing alerts about SKAGEN M for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SKAGEN m help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| SKAGEN m generated a negative expected return over the last 90 days |
- Analyzing SKAGEN M'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 M's stock is overvalued or undervalued compared to its peers.
- Examining SKAGEN M'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 M's management team can have a significant impact on its success or failure. Reviewing the track record and experience of SKAGEN M's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SKAGEN M's stock. These opinions can provide insight into SKAGEN M'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 m. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the SKAGEN m information on this page should be used as a complementary analysis to other SKAGEN M'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 the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for SKAGEN Stock analysis
When running SKAGEN M's price analysis, check to measure SKAGEN M'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 M is operating at the current time. Most of SKAGEN M's value examination focuses on studying past and present price action to predict the probability of SKAGEN M'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 M's price. Additionally, you may evaluate how the addition of SKAGEN M to your portfolios can decrease your overall portfolio volatility.
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