Plastic Additives (Vietnam) Performance
| PGN Stock | 6,300 200.00 3.08% |
The company holds a Beta of -0.6, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Plastic Additives are expected to decrease at a much lower rate. During the bear market, Plastic Additives is likely to outperform the market. At this point, Plastic Additives JSC has a negative expected return of -0.0531%. Please make sure to check Plastic Additives' value at risk, and the relationship between the jensen alpha and accumulation distribution , to decide if Plastic Additives JSC performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Plastic Additives JSC has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Plastic Additives is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
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Plastic Additives Relative Risk vs. Return Landscape
If you would invest 700,000 in Plastic Additives JSC on April 22, 2025 and sell it today you would lose (50,000) from holding Plastic Additives JSC or give up 7.14% of portfolio value over 90 days. Plastic Additives JSC is producing return of less than zero assuming 3.6903% volatility of returns over the 90 days investment horizon. Simply put, 33% of all stocks have less volatile historical return distribution than Plastic Additives, and 99% 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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Plastic Additives Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Plastic Additives' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Plastic Additives JSC, and traders can use it to determine the average amount a Plastic Additives' 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 = -0.0144
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| Negative Returns | PGN |
Estimated Market Risk
| 3.69 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Plastic Additives 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 Plastic Additives by adding Plastic Additives to a well-diversified portfolio.
Things to note about Plastic Additives JSC performance evaluation
Checking the ongoing alerts about Plastic Additives for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Plastic Additives JSC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Plastic Additives generated a negative expected return over the last 90 days | |
| Plastic Additives has high historical volatility and very poor performance |
- Analyzing Plastic Additives' 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 Plastic Additives' stock is overvalued or undervalued compared to its peers.
- Examining Plastic Additives' 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 Plastic Additives' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Plastic Additives' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Plastic Additives' stock. These opinions can provide insight into Plastic Additives' potential for growth and whether the stock is currently undervalued or overvalued.