Texchem Resources (Malaysia) Performance
| 8702 Stock | 0.72 0.01 1.41% |
The entity has a beta of -0.53, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Texchem Resources are expected to decrease at a much lower rate. During the bear market, Texchem Resources is likely to outperform the market. At this point, Texchem Resources Bhd has a negative expected return of -0.22%. Please make sure to validate Texchem Resources' maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Texchem Resources Bhd performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Texchem Resources Bhd 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 March 2025. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
Texchem |
Texchem Resources Relative Risk vs. Return Landscape
If you would invest 80.00 in Texchem Resources Bhd on November 28, 2024 and sell it today you would lose (10.00) from holding Texchem Resources Bhd or give up 12.5% of portfolio value over 90 days. Texchem Resources Bhd is generating negative expected returns and assumes 1.4367% volatility on return distribution over the 90 days horizon. Simply put, 12% of stocks are less volatile than Texchem, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Texchem Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Texchem Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Texchem Resources Bhd, and traders can use it to determine the average amount a Texchem Resources' 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 = -0.153
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 8702 |
Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Texchem Resources 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 Texchem Resources by adding Texchem Resources to a well-diversified portfolio.
Things to note about Texchem Resources Bhd performance evaluation
Checking the ongoing alerts about Texchem Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Texchem Resources Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Texchem Resources generated a negative expected return over the last 90 days | |
| Texchem Resources has some characteristics of a very speculative penny stock |
- Analyzing Texchem Resources' 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 Texchem Resources' stock is overvalued or undervalued compared to its peers.
- Examining Texchem Resources' 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 Texchem Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Texchem Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Texchem Resources' stock. These opinions can provide insight into Texchem Resources' potential for growth and whether the stock is currently undervalued or overvalued.