Petrolimex Petrochemical (Vietnam) Performance
| PLC Stock | 20,700 100.00 0.49% |
The company holds a Beta of -0.53, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Petrolimex Petrochemical are expected to decrease at a much lower rate. During the bear market, Petrolimex Petrochemical is likely to outperform the market. At this point, Petrolimex Petrochemical has a negative expected return of -0.35%. Please make sure to check Petrolimex Petrochemical's value at risk, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if Petrolimex Petrochemical 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 Petrolimex Petrochemical JSC has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's fundamental indicators remain very healthy which may send shares a bit higher in December 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
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Petrolimex Petrochemical Relative Risk vs. Return Landscape
If you would invest 2,590,000 in Petrolimex Petrochemical JSC on August 28, 2024 and sell it today you would lose (520,000) from holding Petrolimex Petrochemical JSC or give up 20.08% of portfolio value over 90 days. Petrolimex Petrochemical JSC is producing return of less than zero assuming 1.5323% volatility of returns over the 90 days investment horizon. Simply put, 13% of all stocks have less volatile historical return distribution than Petrolimex Petrochemical, 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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Petrolimex Petrochemical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Petrolimex Petrochemical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Petrolimex Petrochemical JSC, and traders can use it to determine the average amount a Petrolimex Petrochemical'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 = -0.228
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Estimated Market Risk
| 1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Petrolimex Petrochemical 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 Petrolimex Petrochemical by adding Petrolimex Petrochemical to a well-diversified portfolio.
About Petrolimex Petrochemical Performance
By examining Petrolimex Petrochemical's fundamental ratios, stakeholders can obtain critical insights into Petrolimex Petrochemical's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Petrolimex Petrochemical is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Petrolimex Petrochemical performance evaluation
Checking the ongoing alerts about Petrolimex Petrochemical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Petrolimex Petrochemical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Petrolimex Petrochemical generated a negative expected return over the last 90 days |
- Analyzing Petrolimex Petrochemical'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 Petrolimex Petrochemical's stock is overvalued or undervalued compared to its peers.
- Examining Petrolimex Petrochemical'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 Petrolimex Petrochemical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Petrolimex Petrochemical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Petrolimex Petrochemical's stock. These opinions can provide insight into Petrolimex Petrochemical's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Petrolimex Stock
Petrolimex Petrochemical financial ratios help investors to determine whether Petrolimex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Petrolimex with respect to the benefits of owning Petrolimex Petrochemical security.