NIGERIAN BREWERIES (Nigeria) Performance
| NB Stock | 70.00 0.20 0.28% |
On a scale of 0 to 100, NIGERIAN BREWERIES holds a performance score of 15. The company secures a Beta (Market Risk) of -0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NIGERIAN BREWERIES are expected to decrease at a much lower rate. During the bear market, NIGERIAN BREWERIES is likely to outperform the market. Please check NIGERIAN BREWERIES's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether NIGERIAN BREWERIES's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in NIGERIAN BREWERIES PLC are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite somewhat inconsistent basic indicators, NIGERIAN BREWERIES sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
NIGERIAN |
NIGERIAN BREWERIES Relative Risk vs. Return Landscape
If you would invest 5,695 in NIGERIAN BREWERIES PLC on June 5, 2025 and sell it today you would earn a total of 1,305 from holding NIGERIAN BREWERIES PLC or generate 22.91% return on investment over 90 days. NIGERIAN BREWERIES PLC is generating 0.3616% of daily returns and assumes 1.8881% volatility on return distribution over the 90 days horizon. Simply put, 16% of stocks are less volatile than NIGERIAN, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NIGERIAN BREWERIES Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NIGERIAN BREWERIES's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NIGERIAN BREWERIES PLC, and traders can use it to determine the average amount a NIGERIAN BREWERIES'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 = 0.1915
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Estimated Market Risk
| 1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average NIGERIAN BREWERIES is performing at about 15% 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 NIGERIAN BREWERIES by adding it to a well-diversified portfolio.
Things to note about NIGERIAN BREWERIES PLC performance evaluation
Checking the ongoing alerts about NIGERIAN BREWERIES for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NIGERIAN BREWERIES PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating NIGERIAN BREWERIES's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate NIGERIAN BREWERIES's stock performance include:- Analyzing NIGERIAN BREWERIES'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 NIGERIAN BREWERIES's stock is overvalued or undervalued compared to its peers.
- Examining NIGERIAN BREWERIES'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 NIGERIAN BREWERIES's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NIGERIAN BREWERIES's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NIGERIAN BREWERIES's stock. These opinions can provide insight into NIGERIAN BREWERIES's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NIGERIAN Stock analysis
When running NIGERIAN BREWERIES's price analysis, check to measure NIGERIAN BREWERIES'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 NIGERIAN BREWERIES is operating at the current time. Most of NIGERIAN BREWERIES's value examination focuses on studying past and present price action to predict the probability of NIGERIAN BREWERIES's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NIGERIAN BREWERIES's price. Additionally, you may evaluate how the addition of NIGERIAN BREWERIES to your portfolios can decrease your overall portfolio volatility.
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