PLASTIC INDUSTRY (Mauritius) Performance
| PIM Stock | 46.50 0.30 0.65% |
PLASTIC INDUSTRY has a performance score of 12 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of -0.0273, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PLASTIC INDUSTRY are expected to decrease at a much lower rate. During the bear market, PLASTIC INDUSTRY is likely to outperform the market. PLASTIC INDUSTRY LTD now owns a risk of 0.78%. Please check PLASTIC INDUSTRY LTD jensen alpha, accumulation distribution, relative strength index, as well as the relationship between the value at risk and day typical price , to decide if PLASTIC INDUSTRY LTD will be following its current price history.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in PLASTIC INDUSTRY LTD are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of very unsteady primary indicators, PLASTIC INDUSTRY may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
PLASTIC |
PLASTIC INDUSTRY Relative Risk vs. Return Landscape
If you would invest 4,350 in PLASTIC INDUSTRY LTD on December 24, 2024 and sell it today you would earn a total of 300.00 from holding PLASTIC INDUSTRY LTD or generate 6.9% return on investment over 90 days. PLASTIC INDUSTRY LTD is generating 0.12% of daily returns and assumes 0.7795% volatility on return distribution over the 90 days horizon. Simply put, 6% of stocks are less volatile than PLASTIC, and 98% 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 INDUSTRY Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for PLASTIC INDUSTRY's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as PLASTIC INDUSTRY LTD, and traders can use it to determine the average amount a PLASTIC INDUSTRY'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 = 0.154
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Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average PLASTIC INDUSTRY is performing at about 12% 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 PLASTIC INDUSTRY by adding it to a well-diversified portfolio.
Things to note about PLASTIC INDUSTRY LTD performance evaluation
Checking the ongoing alerts about PLASTIC INDUSTRY for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for PLASTIC INDUSTRY LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating PLASTIC INDUSTRY's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate PLASTIC INDUSTRY's stock performance include:- Analyzing PLASTIC INDUSTRY'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 PLASTIC INDUSTRY's stock is overvalued or undervalued compared to its peers.
- Examining PLASTIC INDUSTRY'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 PLASTIC INDUSTRY's management team can have a significant impact on its success or failure. Reviewing the track record and experience of PLASTIC INDUSTRY's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of PLASTIC INDUSTRY's stock. These opinions can provide insight into PLASTIC INDUSTRY's potential for growth and whether the stock is currently undervalued or overvalued.