Quang Nam (Vietnam) Performance
| QTC Stock | 15,500 400.00 2.52% |
On a scale of 0 to 100, Quang Nam holds a performance score of 4. The company holds a Beta of -0.37, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Quang Nam are expected to decrease at a much lower rate. During the bear market, Quang Nam is likely to outperform the market. Please check Quang Nam's information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Quang Nam's historical price patterns will revert.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Quang Nam Transportation are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating fundamental indicators, Quang Nam displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
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Quang Nam Relative Risk vs. Return Landscape
If you would invest 1,490,000 in Quang Nam Transportation on August 31, 2024 and sell it today you would earn a total of 60,000 from holding Quang Nam Transportation or generate 4.03% return on investment over 90 days. Quang Nam Transportation is generating 0.3148% of daily returns assuming 5.4542% volatility of returns over the 90 days investment horizon. Simply put, 48% of all stocks have less volatile historical return distribution than Quang Nam, and 94% 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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Quang Nam Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quang Nam's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Quang Nam Transportation, and traders can use it to determine the average amount a Quang Nam'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 = 0.0577
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Estimated Market Risk
| 5.45 actual daily | 48 52% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Quang Nam is performing at about 4% 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 Quang Nam by adding it to a well-diversified portfolio.
About Quang Nam Performance
By examining Quang Nam's fundamental ratios, stakeholders can obtain critical insights into Quang Nam'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 Quang Nam 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 Quang Nam Transportation performance evaluation
Checking the ongoing alerts about Quang Nam for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Quang Nam Transportation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Quang Nam had very high historical volatility over the last 90 days |
- Analyzing Quang Nam'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 Quang Nam's stock is overvalued or undervalued compared to its peers.
- Examining Quang Nam'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 Quang Nam's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Quang Nam's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Quang Nam's stock. These opinions can provide insight into Quang Nam's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Quang Stock
Quang Nam financial ratios help investors to determine whether Quang 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 Quang with respect to the benefits of owning Quang Nam security.