Waste Plastic (Norway) Performance
| WPU Stock | 14.80 0.10 0.67% |
The firm maintains a market beta of -0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Waste Plastic are expected to decrease at a much lower rate. During the bear market, Waste Plastic is likely to outperform the market. At this point, Waste Plastic Upcycling has a negative expected return of -0.79%. Please make sure to check out Waste Plastic's accumulation distribution, as well as the relationship between the day typical price and relative strength index , to decide if Waste Plastic Upcycling 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 Waste Plastic Upcycling 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
Waste |
Waste Plastic Relative Risk vs. Return Landscape
If you would invest 2,600 in Waste Plastic Upcycling on September 1, 2024 and sell it today you would lose (1,120) from holding Waste Plastic Upcycling or give up 43.08% of portfolio value over 90 days. Waste Plastic Upcycling is producing return of less than zero assuming 3.8836% volatility of returns over the 90 days investment horizon. Simply put, 34% of all stocks have less volatile historical return distribution than Waste Plastic, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Waste Plastic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Waste Plastic's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Waste Plastic Upcycling, and traders can use it to determine the average amount a Waste Plastic'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 = -0.2031
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| Negative Returns | WPU |
Estimated Market Risk
| 3.88 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.79 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Waste Plastic 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 Waste Plastic by adding Waste Plastic to a well-diversified portfolio.
Waste Plastic Fundamentals Growth
Waste Stock prices reflect investors' perceptions of the future prospects and financial health of Waste Plastic, and Waste Plastic 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 Waste Stock performance.
| Shares Outstanding | 50.07 M | |||
About Waste Plastic Performance
By examining Waste Plastic's fundamental ratios, stakeholders can obtain critical insights into Waste Plastic's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Waste Plastic is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Waste Plastic Upcycling performance evaluation
Checking the ongoing alerts about Waste Plastic for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Waste Plastic Upcycling help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Waste Plastic generated a negative expected return over the last 90 days | |
| Waste Plastic has high historical volatility and very poor performance |
- Analyzing Waste Plastic'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 Waste Plastic's stock is overvalued or undervalued compared to its peers.
- Examining Waste Plastic'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 Waste Plastic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Waste Plastic's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Waste Plastic's stock. These opinions can provide insight into Waste Plastic's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Waste Stock
Waste Plastic financial ratios help investors to determine whether Waste Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Waste with respect to the benefits of owning Waste Plastic security.