Top Glove Stock Performance
| TPGVF Stock | USD 0.25 0.02 8.70% |
On a scale of 0 to 100, Top Glove holds a performance score of 10. The entity has a beta of 2.51, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Top Glove will likely underperform. Please check Top Glove's total risk alpha, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to make a quick decision on whether Top Glove's existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Top Glove are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak basic indicators, Top Glove reported solid returns over the last few months and may actually be approaching a breakup point. ...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 Glove Relative Risk vs. Return Landscape
If you would invest 17.00 in Top Glove on August 28, 2024 and sell it today you would earn a total of 8.00 from holding Top Glove or generate 47.06% return on investment over 90 days. Top Glove is currently producing 0.7516% returns and takes up 5.6898% volatility of returns over 90 trading days. Put another way, 50% of traded pink sheets are less volatile than Top, and 85% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Top Glove Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Top Glove'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 Glove'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 = 0.1321
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Estimated Market Risk
| 5.69 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.75 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Top Glove is performing at about 10% 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 Top Glove by adding it to a well-diversified portfolio.
Top Glove Fundamentals Growth
Top Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Top Glove, and Top Glove 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 | 8.01 B | |||
| Price To Earning | 0.67 X | |||
| Price To Book | 0.76 X | |||
| Price To Sales | 0.29 X | |||
| Revenue | 5.57 B | |||
| EBITDA | 711 M | |||
| Cash And Equivalents | 950.4 M | |||
| Cash Per Share | 0.12 X | |||
| Total Debt | 92.96 M | |||
| Debt To Equity | 0.06 % | |||
| Book Value Per Share | 0.82 X | |||
| Cash Flow From Operations | 178.81 M | |||
| Earnings Per Share | 0.01 X | |||
| Total Asset | 8.12 B | |||
About Top Glove Performance
By analyzing Top Glove's fundamental ratios, stakeholders can gain valuable insights into Top Glove's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Top Glove 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 Glove has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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 Glove performance evaluation
Checking the ongoing alerts about Top Glove for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Top Glove help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Top Glove is way too risky over 90 days horizon | |
| Top Glove has some characteristics of a very speculative penny stock | |
| Top Glove appears to be risky and price may revert if volatility continues | |
| About 38.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Top Glove'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 Glove's stock is overvalued or undervalued compared to its peers.
- Examining Top Glove'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 Glove's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Top Glove's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Top Glove's pink sheet. These opinions can provide insight into Top Glove's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Top Pink Sheet analysis
When running Top Glove's price analysis, check to measure Top Glove'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 Glove is operating at the current time. Most of Top Glove's value examination focuses on studying past and present price action to predict the probability of Top Glove'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 Glove's price. Additionally, you may evaluate how the addition of Top Glove to your portfolios can decrease your overall portfolio volatility.
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