PetroVietnam Drilling (Vietnam) Performance
| PVD Stock | 22,500 1,450 6.05% |
The company holds a Beta of 0.0247, which implies not very significant fluctuations relative to the market. As returns on the market increase, PetroVietnam Drilling's returns are expected to increase less than the market. However, during the bear market, the loss of holding PetroVietnam Drilling is expected to be smaller as well. At this point, PetroVietnam Drilling has a negative expected return of -0.17%. Please make sure to check PetroVietnam Drilling's value at risk, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if PetroVietnam Drilling 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 PetroVietnam Drilling Well has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Stock's fundamental indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the firm investors. ...more
PetroVietnam |
PetroVietnam Drilling Relative Risk vs. Return Landscape
If you would invest 2,540,000 in PetroVietnam Drilling Well on September 16, 2024 and sell it today you would lose (290,000) from holding PetroVietnam Drilling Well or give up 11.42% of portfolio value over 90 days. PetroVietnam Drilling Well is producing return of less than zero assuming 1.5624% volatility of returns over the 90 days investment horizon. Simply put, 13% of all stocks have less volatile historical return distribution than PetroVietnam Drilling, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
PetroVietnam Drilling Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for PetroVietnam Drilling's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as PetroVietnam Drilling Well, and traders can use it to determine the average amount a PetroVietnam Drilling'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 = -0.1097
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| Negative Returns | PVD |
Estimated Market Risk
| 1.56 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PetroVietnam Drilling 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 PetroVietnam Drilling by adding PetroVietnam Drilling to a well-diversified portfolio.
About PetroVietnam Drilling Performance
By examining PetroVietnam Drilling's fundamental ratios, stakeholders can obtain critical insights into PetroVietnam Drilling'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 PetroVietnam Drilling 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 PetroVietnam Drilling performance evaluation
Checking the ongoing alerts about PetroVietnam Drilling for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for PetroVietnam Drilling help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| PetroVietnam Drilling generated a negative expected return over the last 90 days |
- Analyzing PetroVietnam Drilling'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 PetroVietnam Drilling's stock is overvalued or undervalued compared to its peers.
- Examining PetroVietnam Drilling'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 PetroVietnam Drilling's management team can have a significant impact on its success or failure. Reviewing the track record and experience of PetroVietnam Drilling's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of PetroVietnam Drilling's stock. These opinions can provide insight into PetroVietnam Drilling's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in PetroVietnam Stock
PetroVietnam Drilling financial ratios help investors to determine whether PetroVietnam 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 PetroVietnam with respect to the benefits of owning PetroVietnam Drilling security.