Top Glove Stock Performance
| TGLVY Stock | USD 0.65 0.16 19.75% |
The entity has a beta of 0.96, which indicates possible diversification benefits within a given portfolio. Top GloveBhd returns are very sensitive to returns on the market. As the market goes up or down, Top GloveBhd is expected to follow. At this point, Top GloveBhd has a negative expected return of -0.24%. Please make sure to validate Top GloveBhd's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Top GloveBhd performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Top Glove has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Begin Period Cash Flow | 875.2 M | |
| Total Cashflows From Investing Activities | 132.4 M | |
| Free Cash Flow | -774.7 M |
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Top GloveBhd Relative Risk vs. Return Landscape
If you would invest 89.00 in Top Glove on September 1, 2024 and sell it today you would lose (24.00) from holding Top Glove or give up 26.97% of portfolio value over 90 days. Top Glove is currently producing negative expected returns and takes up 7.1386% volatility of returns over 90 trading days. Put another way, 63% of traded pink sheets are less volatile than Top, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Top GloveBhd Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Top GloveBhd's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Top Glove, and traders can use it to determine the average amount a Top GloveBhd'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 = -0.0339
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| Negative Returns | TGLVY |
Estimated Market Risk
| 7.14 actual daily | 63 63% of assets are less volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Top GloveBhd 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 Top GloveBhd by adding Top GloveBhd to a well-diversified portfolio.
Top GloveBhd Fundamentals Growth
Top Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Top GloveBhd, and Top GloveBhd 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 Top Pink Sheet performance.
| Return On Equity | -0.0115 | |||
| Return On Asset | -0.0117 | |||
| Profit Margin | (0.02) % | |||
| Operating Margin | (0.03) % | |||
| Current Valuation | 1.41 B | |||
| Shares Outstanding | 2 B | |||
| Price To Earning | 1.00 X | |||
| Price To Book | 0.99 X | |||
| Price To Sales | 0.25 X | |||
| Revenue | 5.57 B | |||
| EBITDA | 711 M | |||
| Cash And Equivalents | 950.4 M | |||
| Cash Per Share | 0.47 X | |||
| Total Debt | 92.96 M | |||
| Debt To Equity | 0.06 % | |||
| Book Value Per Share | 3.30 X | |||
| Cash Flow From Operations | 178.81 M | |||
| Earnings Per Share | 0.02 X | |||
| Total Asset | 8.12 B | |||
| Retained Earnings | 1.25 B | |||
| Current Asset | 1.41 B | |||
| Current Liabilities | 709 M | |||
About Top GloveBhd Performance
Evaluating Top GloveBhd's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Top GloveBhd 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 Top GloveBhd 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.
Top Glove Corporation Bhd., an investment holding company, researches, develops, manufactures, and trades in gloves and rubber goods in Malaysia. Top Glove Corporation Bhd. was founded in 1991 and is headquartered in Shah Alam, Malaysia. Top Glove operates under Medical Instruments Supplies classification in the United States and is traded on OTC Exchange. It employs 17700 people.Things to note about Top GloveBhd performance evaluation
Checking the ongoing alerts about Top GloveBhd for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Top GloveBhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Top GloveBhd generated a negative expected return over the last 90 days | |
| Top GloveBhd has high historical volatility and very poor performance | |
| Top GloveBhd has some characteristics of a very speculative penny stock |
- Analyzing Top GloveBhd'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 Top GloveBhd's stock is overvalued or undervalued compared to its peers.
- Examining Top GloveBhd'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 Top GloveBhd's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Top GloveBhd's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Top GloveBhd's pink sheet. These opinions can provide insight into Top GloveBhd's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Top Pink Sheet Analysis
When running Top GloveBhd's price analysis, check to measure Top GloveBhd'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 Top GloveBhd is operating at the current time. Most of Top GloveBhd's value examination focuses on studying past and present price action to predict the probability of Top GloveBhd's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Top GloveBhd's price. Additionally, you may evaluate how the addition of Top GloveBhd to your portfolios can decrease your overall portfolio volatility.