Patrangsit Healthcare (Thailand) Performance
| PHG Stock | 15.50 0.10 0.64% |
The company holds a Beta of -0.0188, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Patrangsit Healthcare are expected to decrease at a much lower rate. During the bear market, Patrangsit Healthcare is likely to outperform the market. At this point, Patrangsit Healthcare has a negative expected return of -0.0917%. Please make sure to check Patrangsit Healthcare's kurtosis, daily balance of power, and the relationship between the skewness and accumulation distribution , to decide if Patrangsit Healthcare 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 Patrangsit Healthcare Group has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent technical and fundamental indicators, Patrangsit Healthcare is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
Patrangsit |
Patrangsit Healthcare Relative Risk vs. Return Landscape
If you would invest 1,650 in Patrangsit Healthcare Group on September 12, 2024 and sell it today you would lose (100.00) from holding Patrangsit Healthcare Group or give up 6.06% of portfolio value over 90 days. Patrangsit Healthcare Group is producing return of less than zero assuming 1.4785% volatility of returns over the 90 days investment horizon. Simply put, 13% of all stocks have less volatile historical return distribution than Patrangsit Healthcare, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Patrangsit Healthcare Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Patrangsit Healthcare's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Patrangsit Healthcare Group, and traders can use it to determine the average amount a Patrangsit Healthcare'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 = -0.062
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PHG |
Estimated Market Risk
| 1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Patrangsit Healthcare 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 Patrangsit Healthcare by adding Patrangsit Healthcare to a well-diversified portfolio.
Things to note about Patrangsit Healthcare performance evaluation
Checking the ongoing alerts about Patrangsit Healthcare for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Patrangsit Healthcare help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Patrangsit Healthcare generated a negative expected return over the last 90 days |
- Analyzing Patrangsit Healthcare'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 Patrangsit Healthcare's stock is overvalued or undervalued compared to its peers.
- Examining Patrangsit Healthcare'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 Patrangsit Healthcare's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Patrangsit Healthcare's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Patrangsit Healthcare's stock. These opinions can provide insight into Patrangsit Healthcare's potential for growth and whether the stock is currently undervalued or overvalued.