Radiant Globaltech (Malaysia) Performance
| 0202 Stock | 0.35 0.01 2.94% |
The company holds a Beta of -0.35, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Radiant Globaltech are expected to decrease at a much lower rate. During the bear market, Radiant Globaltech is likely to outperform the market. At this point, Radiant Globaltech Bhd has a negative expected return of -0.0623%. Please make sure to check Radiant Globaltech's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if Radiant Globaltech Bhd 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 Radiant Globaltech Bhd has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, Radiant Globaltech is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
| Begin Period Cash Flow | 40 M | |
| Total Cashflows From Investing Activities | -2.4 M | |
| Free Cash Flow | -234.3 K |
Radiant |
Radiant Globaltech Relative Risk vs. Return Landscape
If you would invest 37.00 in Radiant Globaltech Bhd on August 27, 2024 and sell it today you would lose (2.00) from holding Radiant Globaltech Bhd or give up 5.41% of portfolio value over 90 days. Radiant Globaltech Bhd is generating negative expected returns and assumes 2.2867% volatility on return distribution over the 90 days horizon. Simply put, 20% of stocks are less volatile than Radiant, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Radiant Globaltech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Radiant Globaltech's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Radiant Globaltech Bhd, and traders can use it to determine the average amount a Radiant Globaltech'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 = -0.0272
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| Negative Returns | 0202 |
Estimated Market Risk
| 2.29 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Radiant Globaltech 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 Radiant Globaltech by adding Radiant Globaltech to a well-diversified portfolio.
Radiant Globaltech Fundamentals Growth
Radiant Stock prices reflect investors' perceptions of the future prospects and financial health of Radiant Globaltech, and Radiant Globaltech 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 Radiant Stock performance.
| Return On Equity | 12.2 | |||
| Current Valuation | 150.92 M | |||
| Price To Book | 2.48 X | |||
| Price To Sales | 1.35 X | |||
| Revenue | 134.02 M | |||
| EBITDA | 14.04 M | |||
| Total Debt | 564.86 K | |||
| Cash Flow From Operations | (88.74 K) | |||
| Total Asset | 108.68 M | |||
About Radiant Globaltech Performance
By examining Radiant Globaltech's fundamental ratios, stakeholders can obtain critical insights into Radiant Globaltech'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 Radiant Globaltech 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 Radiant Globaltech Bhd performance evaluation
Checking the ongoing alerts about Radiant Globaltech for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Radiant Globaltech Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Radiant Globaltech generated a negative expected return over the last 90 days | |
| Radiant Globaltech has some characteristics of a very speculative penny stock | |
| Radiant Globaltech generates negative cash flow from operations |
- Analyzing Radiant Globaltech'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 Radiant Globaltech's stock is overvalued or undervalued compared to its peers.
- Examining Radiant Globaltech'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 Radiant Globaltech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Radiant Globaltech's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Radiant Globaltech's stock. These opinions can provide insight into Radiant Globaltech's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Radiant Stock
Radiant Globaltech financial ratios help investors to determine whether Radiant 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 Radiant with respect to the benefits of owning Radiant Globaltech security.