RangDong Plastic (Vietnam) Performance
| RDP Stock | 1,310 20.00 1.55% |
The company holds a Beta of 0.0177, which implies not very significant fluctuations relative to the market. As returns on the market increase, RangDong Plastic's returns are expected to increase less than the market. However, during the bear market, the loss of holding RangDong Plastic is expected to be smaller as well. At this point, RangDong Plastic JSC has a negative expected return of -0.96%. Please make sure to check RangDong Plastic's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if RangDong Plastic JSC performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days RangDong Plastic JSC has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in January 2025. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
RangDong |
RangDong Plastic Relative Risk vs. Return Landscape
If you would invest 245,000 in RangDong Plastic JSC on September 2, 2024 and sell it today you would lose (114,000) from holding RangDong Plastic JSC or give up 46.53% of portfolio value over 90 days. RangDong Plastic JSC is producing return of less than zero assuming 3.0324% volatility of returns over the 90 days investment horizon. Simply put, 27% of all stocks have less volatile historical return distribution than RangDong Plastic, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
RangDong Plastic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for RangDong Plastic's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as RangDong Plastic JSC, and traders can use it to determine the average amount a RangDong Plastic'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 = -0.3163
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RDP |
Estimated Market Risk
| 3.03 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.96 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.32 actual daily | 0 Most of other assets perform better |
Based on monthly moving average RangDong Plastic 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 RangDong Plastic by adding RangDong Plastic to a well-diversified portfolio.
About RangDong Plastic Performance
By examining RangDong Plastic's fundamental ratios, stakeholders can obtain critical insights into RangDong Plastic'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 RangDong Plastic 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 RangDong Plastic JSC performance evaluation
Checking the ongoing alerts about RangDong Plastic for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for RangDong Plastic JSC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| RangDong Plastic JSC generated a negative expected return over the last 90 days | |
| RangDong Plastic JSC has high historical volatility and very poor performance |
- Analyzing RangDong Plastic'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 RangDong Plastic's stock is overvalued or undervalued compared to its peers.
- Examining RangDong Plastic'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 RangDong Plastic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of RangDong Plastic's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of RangDong Plastic's stock. These opinions can provide insight into RangDong Plastic's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in RangDong Stock
RangDong Plastic financial ratios help investors to determine whether RangDong 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 RangDong with respect to the benefits of owning RangDong Plastic security.