Ocean Vantage (Malaysia) Performance
| 0220 Stock | 0.14 0.01 6.67% |
The company holds a Beta of -0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ocean Vantage are expected to decrease at a much lower rate. During the bear market, Ocean Vantage is likely to outperform the market. At this point, Ocean Vantage Holdings has a negative expected return of -0.35%. Please make sure to check Ocean Vantage's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if Ocean Vantage Holdings performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Ocean Vantage Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's basic indicators remain quite persistent which may send shares a bit higher in December 2024. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
Ocean |
Ocean Vantage Relative Risk vs. Return Landscape
If you would invest 18.00 in Ocean Vantage Holdings on September 1, 2024 and sell it today you would lose (4.00) from holding Ocean Vantage Holdings or give up 22.22% of portfolio value over 90 days. Ocean Vantage Holdings is generating negative expected returns and assumes 2.9662% volatility on return distribution over the 90 days horizon. Simply put, 26% of stocks are less volatile than Ocean, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ocean Vantage Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ocean Vantage's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ocean Vantage Holdings, and traders can use it to determine the average amount a Ocean Vantage'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 = -0.1193
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| Negative Returns | 0220 |
Estimated Market Risk
| 2.97 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ocean Vantage 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 Ocean Vantage by adding Ocean Vantage to a well-diversified portfolio.
Things to note about Ocean Vantage Holdings performance evaluation
Checking the ongoing alerts about Ocean Vantage for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ocean Vantage Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ocean Vantage generated a negative expected return over the last 90 days | |
| Ocean Vantage has some characteristics of a very speculative penny stock |
- Analyzing Ocean Vantage'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 Ocean Vantage's stock is overvalued or undervalued compared to its peers.
- Examining Ocean Vantage'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 Ocean Vantage's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ocean Vantage's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ocean Vantage's stock. These opinions can provide insight into Ocean Vantage's potential for growth and whether the stock is currently undervalued or overvalued.