Yong Concrete (Thailand) Performance
YONG Stock | 1.06 0.00 0.00% |
The firm maintains a market beta of -0.0016, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Yong Concrete are expected to decrease at a much lower rate. During the bear market, Yong Concrete is likely to outperform the market. At this point, Yong Concrete PCL has a negative expected return of -0.68%. Please make sure to check out Yong Concrete's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Yong Concrete PCL 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 Yong Concrete PCL 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 forward-looking signals remain quite persistent which may send shares a bit higher in February 2025. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
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Yong Concrete Relative Risk vs. Return Landscape
If you would invest 160.00 in Yong Concrete PCL on October 6, 2024 and sell it today you would lose (54.00) from holding Yong Concrete PCL or give up 33.75% of portfolio value over 90 days. Yong Concrete PCL is generating negative expected returns and assumes 1.8793% volatility on return distribution over the 90 days horizon. Simply put, 16% of stocks are less volatile than Yong, 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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Yong Concrete Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yong Concrete's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Yong Concrete PCL, and traders can use it to determine the average amount a Yong Concrete'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 = -0.3607
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Estimated Market Risk
1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.68 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.36 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Yong Concrete 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 Yong Concrete by adding Yong Concrete to a well-diversified portfolio.
Yong Concrete Fundamentals Growth
Yong Stock prices reflect investors' perceptions of the future prospects and financial health of Yong Concrete, and Yong Concrete 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 Yong Stock performance.
Return On Equity | 0.15 | |||
Return On Asset | 0.0632 | |||
Profit Margin | 0.09 % | |||
Operating Margin | 0.13 % | |||
Current Valuation | 1.72 B | |||
Shares Outstanding | 680 M | |||
Price To Book | 1.90 X | |||
Price To Sales | 1.65 X | |||
Revenue | 945.36 M | |||
EBITDA | 162.01 M | |||
Book Value Per Share | 1.18 X | |||
Earnings Per Share | 0.12 X | |||
About Yong Concrete Performance
By examining Yong Concrete's fundamental ratios, stakeholders can obtain critical insights into Yong Concrete'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 Yong Concrete 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 Yong Concrete PCL performance evaluation
Checking the ongoing alerts about Yong Concrete for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Yong Concrete PCL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Yong Concrete PCL generated a negative expected return over the last 90 days | |
Yong Concrete PCL has some characteristics of a very speculative penny stock | |
About 79.0% of the company outstanding shares are owned by insiders |
- Analyzing Yong Concrete'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 Yong Concrete's stock is overvalued or undervalued compared to its peers.
- Examining Yong Concrete'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 Yong Concrete's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Yong Concrete's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Yong Concrete's stock. These opinions can provide insight into Yong Concrete's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Yong Stock
Yong Concrete financial ratios help investors to determine whether Yong 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 Yong with respect to the benefits of owning Yong Concrete security.