DRB Hicom (Malaysia) Performance
| 1619 Stock | 1.00 0.02 1.96% |
The firm owns a Beta (Systematic Risk) of 0.31, which means possible diversification benefits within a given portfolio. As returns on the market increase, DRB Hicom's returns are expected to increase less than the market. However, during the bear market, the loss of holding DRB Hicom is expected to be smaller as well. At this point, DRB Hicom has a negative expected return of -0.36%. Please make sure to confirm DRB Hicom's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if DRB Hicom performance from the past will be repeated in the future.
Risk-Adjusted Performance
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Over the last 90 days DRB Hicom 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
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DRB Hicom Relative Risk vs. Return Landscape
If you would invest 127.00 in DRB Hicom on August 27, 2024 and sell it today you would lose (27.00) from holding DRB Hicom or give up 21.26% of portfolio value over 90 days. DRB Hicom is generating negative expected returns and assumes 2.0257% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than DRB, 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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DRB Hicom Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DRB Hicom's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as DRB Hicom, and traders can use it to determine the average amount a DRB Hicom'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 = -0.18
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| Negative Returns | 1619 |
Estimated Market Risk
| 2.03 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DRB Hicom 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 DRB Hicom by adding DRB Hicom to a well-diversified portfolio.
Things to note about DRB Hicom performance evaluation
Checking the ongoing alerts about DRB Hicom for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for DRB Hicom help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| DRB Hicom generated a negative expected return over the last 90 days | |
| DRB Hicom has some characteristics of a very speculative penny stock |
- Analyzing DRB Hicom'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 DRB Hicom's stock is overvalued or undervalued compared to its peers.
- Examining DRB Hicom'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 DRB Hicom's management team can have a significant impact on its success or failure. Reviewing the track record and experience of DRB Hicom's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of DRB Hicom's stock. These opinions can provide insight into DRB Hicom's potential for growth and whether the stock is currently undervalued or overvalued.