Saigon Machinery (Vietnam) Performance
| SMA Stock | 16,000 0.00 0.00% |
Saigon Machinery holds a performance score of 47 on a scale of zero to a hundred. The entity has a beta of -0.93, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Saigon Machinery are expected to decrease slowly. On the other hand, during market turmoil, Saigon Machinery is expected to outperform it slightly. Use Saigon Machinery Spare potential upside, and the relationship between the sortino ratio and skewness , to analyze future returns on Saigon Machinery Spare.
Risk-Adjusted Performance
47 of 100
Weak | Strong |
Excellent
Compared to the overall equity markets, risk-adjusted returns on investments in Saigon Machinery Spare are ranked lower than 47 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Saigon Machinery displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Saigon |
Saigon Machinery Relative Risk vs. Return Landscape
If you would invest 986,790 in Saigon Machinery Spare on October 16, 2024 and sell it today you would earn a total of 613,210 from holding Saigon Machinery Spare or generate 62.14% return on investment over 90 days. Saigon Machinery Spare is generating 2.4011% of daily returns assuming 3.9406% volatility of returns over the 90 days investment horizon. Simply put, 35% of all stocks have less volatile historical return distribution than Saigon Machinery, and 53% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Saigon Machinery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Saigon Machinery's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Saigon Machinery Spare, and traders can use it to determine the average amount a Saigon Machinery'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 = 0.6093
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | SMA | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.94 actual daily | 35 65% of assets are more volatile |
Expected Return
| 2.4 actual daily | 47 53% of assets have higher returns |
Risk-Adjusted Return
| 0.61 actual daily | 47 53% of assets perform better |
Based on monthly moving average Saigon Machinery is performing at about 47% 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 Saigon Machinery by adding it to a well-diversified portfolio.
About Saigon Machinery Performance
By examining Saigon Machinery's fundamental ratios, stakeholders can obtain critical insights into Saigon Machinery'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 Saigon Machinery 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 Saigon Machinery Spare performance evaluation
Checking the ongoing alerts about Saigon Machinery for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Saigon Machinery Spare help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Saigon Machinery appears to be risky and price may revert if volatility continues | |
| Saigon is showing solid risk-adjusted performance over 90 days |
- Analyzing Saigon Machinery'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 Saigon Machinery's stock is overvalued or undervalued compared to its peers.
- Examining Saigon Machinery'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 Saigon Machinery's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Saigon Machinery's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Saigon Machinery's stock. These opinions can provide insight into Saigon Machinery's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Saigon Stock
Saigon Machinery financial ratios help investors to determine whether Saigon 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 Saigon with respect to the benefits of owning Saigon Machinery security.