Patrick Industries (Germany) Performance
| PK2 Stock | EUR 83.00 1.50 1.84% |
The company holds a Beta of 0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, Patrick Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Patrick Industries is expected to be smaller as well. At this point, Patrick Industries has a negative expected return of -0.0801%. Please make sure to check Patrick Industries' kurtosis, rate of daily change, and the relationship between the skewness and daily balance of power , to decide if Patrick Industries 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 Patrick Industries has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Patrick Industries is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 122.8 M |
Patrick |
Patrick Industries Relative Risk vs. Return Landscape
If you would invest 8,870 in Patrick Industries on October 18, 2024 and sell it today you would lose (570.00) from holding Patrick Industries or give up 6.43% of portfolio value over 90 days. Patrick Industries is currently producing negative expected returns and takes up 2.5714% volatility of returns over 90 trading days. Put another way, 22% of traded stocks are less volatile than Patrick, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Patrick Industries Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Patrick Industries' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Patrick Industries, and traders can use it to determine the average amount a Patrick Industries' 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 = -0.0311
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| Negative Returns | PK2 |
Estimated Market Risk
| 2.57 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.08 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 Patrick Industries 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 Patrick Industries by adding Patrick Industries to a well-diversified portfolio.
Patrick Industries Fundamentals Growth
Patrick Stock prices reflect investors' perceptions of the future prospects and financial health of Patrick Industries, and Patrick Industries 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 Patrick Stock performance.
| Return On Equity | 0.38 | |||
| Return On Asset | 0.11 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.10 % | |||
| Current Valuation | 2.59 B | |||
| Shares Outstanding | 22.42 M | |||
| Price To Earning | 16.43 X | |||
| Price To Book | 1.35 X | |||
| Price To Sales | 0.26 X | |||
| Revenue | 4.88 B | |||
| EBITDA | 626.93 M | |||
| Cash And Equivalents | 58.4 M | |||
| Cash Per Share | 2.47 X | |||
| Total Debt | 1.28 B | |||
| Debt To Equity | 1.91 % | |||
| Book Value Per Share | 43.00 X | |||
| Cash Flow From Operations | 411.74 M | |||
| Earnings Per Share | 12.73 X | |||
| Total Asset | 2.78 B | |||
About Patrick Industries Performance
By analyzing Patrick Industries' fundamental ratios, stakeholders can gain valuable insights into Patrick Industries' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Patrick Industries has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Patrick Industries has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Patrick Industries, Inc. manufactures and distributes components, building products, and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States and Canada. The company was founded in 1959 and is headquartered in Elkhart, Indiana. PATRICK IND operates under Recreational Vehicles classification in Germany and is traded on Frankfurt Stock Exchange. It employs 10000 people.Things to note about Patrick Industries performance evaluation
Checking the ongoing alerts about Patrick Industries for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Patrick Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Patrick Industries generated a negative expected return over the last 90 days | |
| Over 96.0% of the company shares are owned by institutional investors |
- Analyzing Patrick Industries' 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 Patrick Industries' stock is overvalued or undervalued compared to its peers.
- Examining Patrick Industries' 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 Patrick Industries' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Patrick Industries' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Patrick Industries' stock. These opinions can provide insight into Patrick Industries' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Patrick Stock analysis
When running Patrick Industries' price analysis, check to measure Patrick Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Patrick Industries is operating at the current time. Most of Patrick Industries' value examination focuses on studying past and present price action to predict the probability of Patrick Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patrick Industries' price. Additionally, you may evaluate how the addition of Patrick Industries to your portfolios can decrease your overall portfolio volatility.
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