Readyplanet PCL (Thailand) Performance
| READY Stock | 5.25 0.20 3.96% |
Readyplanet PCL holds a performance score of 8 on a scale of zero to a hundred. The company holds a Beta of 1.1, which implies a somewhat significant risk relative to the market. Readyplanet PCL returns are very sensitive to returns on the market. As the market goes up or down, Readyplanet PCL is expected to follow. Use Readyplanet PCL treynor ratio, as well as the relationship between the kurtosis and day typical price , to analyze future returns on Readyplanet PCL.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Readyplanet PCL are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite somewhat conflicting fundamental drivers, Readyplanet PCL sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Readyplanet |
Readyplanet PCL Relative Risk vs. Return Landscape
If you would invest 670.00 in Readyplanet PCL on August 27, 2024 and sell it today you would lose (145.00) from holding Readyplanet PCL or give up 21.64% of portfolio value over 90 days. Readyplanet PCL is generating 13.8836% of daily returns and assumes 126.8915% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Readyplanet on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Readyplanet PCL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Readyplanet PCL's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Readyplanet PCL, and traders can use it to determine the average amount a Readyplanet PCL'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 = 0.1094
| Best Portfolio | Best Equity | READY | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 126.89 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Readyplanet PCL is performing at about 8% 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 Readyplanet PCL by adding it to a well-diversified portfolio.
Things to note about Readyplanet PCL performance evaluation
Checking the ongoing alerts about Readyplanet PCL for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Readyplanet PCL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Readyplanet PCL is way too risky over 90 days horizon | |
| Readyplanet PCL appears to be risky and price may revert if volatility continues |
- Analyzing Readyplanet PCL'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 Readyplanet PCL's stock is overvalued or undervalued compared to its peers.
- Examining Readyplanet PCL'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 Readyplanet PCL's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Readyplanet PCL's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Readyplanet PCL's stock. These opinions can provide insight into Readyplanet PCL's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Readyplanet Stock analysis
When running Readyplanet PCL's price analysis, check to measure Readyplanet PCL'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 Readyplanet PCL is operating at the current time. Most of Readyplanet PCL's value examination focuses on studying past and present price action to predict the probability of Readyplanet PCL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Readyplanet PCL's price. Additionally, you may evaluate how the addition of Readyplanet PCL to your portfolios can decrease your overall portfolio volatility.
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