Millat Tractors (Pakistan) Performance
| MTL Stock | 611.92 12.52 2.00% |
Millat Tractors has a performance score of 8 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Millat Tractors' returns are expected to increase less than the market. However, during the bear market, the loss of holding Millat Tractors is expected to be smaller as well. Millat Tractors right now secures a risk of 1.81%. Please verify Millat Tractors maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to decide if Millat Tractors will be following its current price movements.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Millat Tractors are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak basic indicators, Millat Tractors may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| Begin Period Cash Flow | 1.2 B | |
| Free Cash Flow | -222.7 M |
Millat |
Millat Tractors Relative Risk vs. Return Landscape
If you would invest 54,835 in Millat Tractors on September 27, 2024 and sell it today you would earn a total of 6,357 from holding Millat Tractors or generate 11.59% return on investment over 90 days. Millat Tractors is generating 0.1874% of daily returns and assumes 1.8065% volatility on return distribution over the 90 days horizon. Simply put, 16% of stocks are less volatile than Millat, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Millat Tractors Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Millat Tractors' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Millat Tractors, and traders can use it to determine the average amount a Millat Tractors' 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 = 0.1037
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MTL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.81 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Millat Tractors 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 Millat Tractors by adding it to a well-diversified portfolio.
Millat Tractors Fundamentals Growth
Millat Stock prices reflect investors' perceptions of the future prospects and financial health of Millat Tractors, and Millat Tractors 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 Millat Stock performance.
| Revenue | 55.01 B | |||
| EBITDA | 10.14 B | |||
| Total Debt | 69.26 M | |||
| Cash Flow From Operations | 30.42 M | |||
| Total Asset | 24.18 B | |||
About Millat Tractors Performance
Assessing Millat Tractors' fundamental ratios provides investors with valuable insights into Millat Tractors' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Millat Tractors is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Millat Tractors performance evaluation
Checking the ongoing alerts about Millat Tractors for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Millat Tractors help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Millat Tractors' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Millat Tractors' stock performance include:- Analyzing Millat Tractors' 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 Millat Tractors' stock is overvalued or undervalued compared to its peers.
- Examining Millat Tractors' 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 Millat Tractors' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Millat Tractors' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Millat Tractors' stock. These opinions can provide insight into Millat Tractors' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Millat Stock Analysis
When running Millat Tractors' price analysis, check to measure Millat Tractors' 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 Millat Tractors is operating at the current time. Most of Millat Tractors' value examination focuses on studying past and present price action to predict the probability of Millat Tractors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Millat Tractors' price. Additionally, you may evaluate how the addition of Millat Tractors to your portfolios can decrease your overall portfolio volatility.