Prakash Steelage (India) Performance
| PRAKASHSTL | 7.60 0.15 1.94% |
The company holds a Beta of 0.0947, which implies not very significant fluctuations relative to the market. As returns on the market increase, Prakash Steelage's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prakash Steelage is expected to be smaller as well. At this point, Prakash Steelage has a negative expected return of -0.21%. Please make sure to check Prakash Steelage's potential upside, day median price, and the relationship between the total risk alpha and accumulation distribution , to decide if Prakash Steelage performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Prakash Steelage Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Despite inconsistent performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in March 2025. The recent confusion may also be a sign of long-lasting up-swing for the firm traders. ...more
Last Split Factor 10:1 | Ex Dividend Date 2015-09-21 | Last Split Date 2016-03-03 |
1 | Prakash Steelage Limited Looks Inexpensive But Perhaps Not Attractive Enough - Simply Wall St | 01/21/2025 |
| Begin Period Cash Flow | 7.7 M |
Prakash |
Prakash Steelage Relative Risk vs. Return Landscape
If you would invest 882.00 in Prakash Steelage Limited on November 1, 2024 and sell it today you would lose (122.00) from holding Prakash Steelage Limited or give up 13.83% of portfolio value over 90 days. Prakash Steelage Limited is generating negative expected returns and assumes 2.5876% volatility on return distribution over the 90 days horizon. Simply put, 23% of stocks are less volatile than Prakash, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Prakash Steelage Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prakash Steelage's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Prakash Steelage Limited, and traders can use it to determine the average amount a Prakash Steelage'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 = -0.0802
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PRAKASHSTL |
Estimated Market Risk
| 2.59 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Prakash Steelage 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 Prakash Steelage by adding Prakash Steelage to a well-diversified portfolio.
Prakash Steelage Fundamentals Growth
Prakash Stock prices reflect investors' perceptions of the future prospects and financial health of Prakash Steelage, and Prakash Steelage 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 Prakash Stock performance.
| Return On Asset | 0.0434 | ||||
| Profit Margin | 0.40 % | ||||
| Operating Margin | (0.05) % | ||||
| Current Valuation | 1.34 B | ||||
| Shares Outstanding | 175 M | ||||
| Price To Book | 16.42 X | ||||
| Price To Sales | 1.45 X | ||||
| Revenue | 1.06 B | ||||
| Gross Profit | 139.84 M | ||||
| EBITDA | 593.55 M | ||||
| Net Income | 578.87 M | ||||
| Cash And Equivalents | 7.67 M | ||||
| Total Debt | 3.07 M | ||||
| Book Value Per Share | 0.44 X | ||||
| Cash Flow From Operations | 292.03 M | ||||
| Earnings Per Share | 2.08 X | ||||
| Total Asset | 403.61 M | ||||
| Retained Earnings | (1.09 B) | ||||
About Prakash Steelage Performance
By evaluating Prakash Steelage's fundamental ratios, stakeholders can gain valuable insights into Prakash Steelage's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Prakash Steelage 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 Prakash Steelage has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Prakash Steelage is entity of India. It is traded as Stock on NSE exchange.Things to note about Prakash Steelage performance evaluation
Checking the ongoing alerts about Prakash Steelage for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Prakash Steelage help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Prakash Steelage generated a negative expected return over the last 90 days | |
| Prakash Steelage is unlikely to experience financial distress in the next 2 years | |
| About 34.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Prakash Steelage Limited Looks Inexpensive But Perhaps Not Attractive Enough - Simply Wall St |
- Analyzing Prakash Steelage'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 Prakash Steelage's stock is overvalued or undervalued compared to its peers.
- Examining Prakash Steelage'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 Prakash Steelage's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Prakash Steelage's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Prakash Steelage's stock. These opinions can provide insight into Prakash Steelage's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Prakash Stock analysis
When running Prakash Steelage's price analysis, check to measure Prakash Steelage's 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 Prakash Steelage is operating at the current time. Most of Prakash Steelage's value examination focuses on studying past and present price action to predict the probability of Prakash Steelage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prakash Steelage's price. Additionally, you may evaluate how the addition of Prakash Steelage to your portfolios can decrease your overall portfolio volatility.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| CEOs Directory Screen CEOs from public companies around the world | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |