Tanco Holdings (Malaysia) Performance
| 2429 Stock | 1.61 0.05 3.21% |
On a scale of 0 to 100, Tanco Holdings holds a performance score of 22. The entity has a beta of 0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tanco Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Tanco Holdings is expected to be smaller as well. Please check Tanco Holdings' standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Tanco Holdings' existing price patterns will revert.
Risk-Adjusted Performance
22 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Tanco Holdings Bhd are ranked lower than 22 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting basic indicators, Tanco Holdings disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
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Tanco Holdings Relative Risk vs. Return Landscape
If you would invest 104.00 in Tanco Holdings Bhd on August 27, 2024 and sell it today you would earn a total of 57.00 from holding Tanco Holdings Bhd or generate 54.81% return on investment over 90 days. Tanco Holdings Bhd is generating 0.7285% of daily returns and assumes 2.5286% volatility on return distribution over the 90 days horizon. Simply put, 22% of stocks are less volatile than Tanco, and 86% 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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Tanco Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tanco Holdings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tanco Holdings Bhd, and traders can use it to determine the average amount a Tanco Holdings' 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 = 0.2881
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Estimated Market Risk
| 2.53 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.73 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average Tanco Holdings is performing at about 22% of its full potential. 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 Tanco Holdings by adding it to a well-diversified portfolio.
Things to note about Tanco Holdings Bhd performance evaluation
Checking the ongoing alerts about Tanco Holdings for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tanco Holdings Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tanco Holdings Bhd may become a speculative penny stock |
- Analyzing Tanco Holdings' 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 Tanco Holdings' stock is overvalued or undervalued compared to its peers.
- Examining Tanco Holdings' 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 Tanco Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tanco Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tanco Holdings' stock. These opinions can provide insight into Tanco Holdings' potential for growth and whether the stock is currently undervalued or overvalued.