Petrolimex Petrochemical (Vietnam) Performance
| PLC Stock | 24,600 200.00 0.82% |
Petrolimex Petrochemical has a performance score of 5 on a scale of 0 to 100. The company holds a Beta of 0.53, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Petrolimex Petrochemical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Petrolimex Petrochemical is expected to be smaller as well. Petrolimex Petrochemical right now holds a risk of 2.43%. Please check Petrolimex Petrochemical skewness, and the relationship between the potential upside and rate of daily change , to decide if Petrolimex Petrochemical will be following its historical price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Petrolimex Petrochemical JSC are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating fundamental indicators, Petrolimex Petrochemical may actually be approaching a critical reversion point that can send shares even higher in February 2025. ...more
Petrolimex |
Petrolimex Petrochemical Relative Risk vs. Return Landscape
If you would invest 2,240,000 in Petrolimex Petrochemical JSC on October 29, 2024 and sell it today you would earn a total of 220,000 from holding Petrolimex Petrochemical JSC or generate 9.82% return on investment over 90 days. Petrolimex Petrochemical JSC is generating 0.1773% of daily returns assuming 2.4348% volatility of returns over the 90 days investment horizon. Simply put, 21% of all stocks have less volatile historical return distribution than Petrolimex Petrochemical, and 97% 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 = 0.0728
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Estimated Market Risk
| 2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Petrolimex Petrochemical is performing at about 5% 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 Petrolimex Petrochemical by adding it 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.Evaluating Petrolimex Petrochemical's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Petrolimex Petrochemical's stock performance include:- 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.