Equities Returns in Nigeria

Making you money on stocks and shares

Equities Returns in Nigeria

Stock Sector Average Stock Price Expected returns
FINANCIAL SERVICES ₦36 17.77%
INDUSTRIAL GOODS ₦207 20.44%
CONSUMER GOODS ₦147 17.16%
AGRICULTURE ₦57.70 16.74%
CONSTRUCTION ₦34.29 14.97%
HEALTHCARE ₦2.18 13.60%
ICT ₦4.92 14.28%
NATURAL RESOURCES ₦3.67 14.56%
OIL AND GAS ₦255.31 15.22%
SERVICES ₦4.71 13.29%
CONGLOMERATES ₦0.73 13.84%
The expected returns are calculated using the capital asset pricing model.

Capital Asset Pricing Model

The Capital Asset Pricing Model CAPM is a model that describes the relationship between risk and stock expected return. The model states investors need to be compensated in two ways: time value of money and risk. The time value of money is represented and compensated by the risk-free rate and the risk is represented and compensated by the market premium correlated volatility.