Top Glove (Malaysia) Performance
| 7113 Stock | 0.91 0.04 4.60% |
The entity has a beta of 0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Top Glove's returns are expected to increase less than the market. However, during the bear market, the loss of holding Top Glove is expected to be smaller as well. At this point, Top Glove has a negative expected return of -0.59%. Please make sure to validate Top Glove's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Top Glove 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 Top Glove has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's basic indicators remain quite persistent which may send shares a bit higher in April 2025. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
| Begin Period Cash Flow | 875.2 M | |
| Total Cashflows From Investing Activities | 132.4 M |
Top |
Top Glove Relative Risk vs. Return Landscape
If you would invest 132.00 in Top Glove on December 20, 2024 and sell it today you would lose (41.00) from holding Top Glove or give up 31.06% of portfolio value over 90 days. Top Glove is generating negative expected returns and assumes 2.8027% volatility on return distribution over the 90 days horizon. Simply put, 25% of stocks are less volatile than Top, and 99% of all equity instruments are likely to generate higher returns than the company 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 stocks, 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 = -0.2099
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 7113 |
Estimated Market Risk
| 2.8 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.59 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Top Glove 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 Glove by adding Top Glove to a well-diversified portfolio.
Top Glove Fundamentals Growth
Top Stock 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 Stock performance.
| Return On Equity | -1.9 | |||
| Current Valuation | 6.2 B | |||
| Price To Book | 1.00 X | |||
| Price To Sales | 1.21 X | |||
| Revenue | 5.57 B | |||
| EBITDA | 705.14 M | |||
| Total Debt | 108.34 M | |||
| Cash Flow From Operations | 178.81 M | |||
| Total Asset | 8.12 B | |||
About Top Glove Performance
By examining Top Glove's fundamental ratios, stakeholders can obtain critical insights into Top Glove'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 Top Glove 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 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. Stock 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 generated a negative expected return over the last 90 days | |
| Top Glove has some characteristics of a very speculative penny stock |
- 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 stock. These opinions can provide insight into Top Glove's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Top Stock
Top Glove financial ratios help investors to determine whether Top 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 Top with respect to the benefits of owning Top Glove security.