VINACONEX MEC (Vietnam) Performance
| VCM Stock | 8,300 400.00 4.60% |
On a scale of 0 to 100, VINACONEX MEC holds a performance score of 4. The entity has a beta of -0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning VINACONEX MEC are expected to decrease at a much lower rate. During the bear market, VINACONEX MEC is likely to outperform the market. Please check VINACONEX MEC's semi variance, and the relationship between the maximum drawdown and daily balance of power , to make a quick decision on whether VINACONEX MEC's existing price patterns will revert.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in VINACONEX MEC are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating primary indicators, VINACONEX MEC displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
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VINACONEX MEC Relative Risk vs. Return Landscape
If you would invest 760,000 in VINACONEX MEC on September 29, 2024 and sell it today you would earn a total of 70,000 from holding VINACONEX MEC or generate 9.21% return on investment over 90 days. VINACONEX MEC is generating 0.3743% of daily returns assuming 6.5243% volatility of returns over the 90 days investment horizon. Simply put, 58% of all stocks have less volatile historical return distribution than VINACONEX MEC, and 93% 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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VINACONEX MEC Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VINACONEX MEC's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as VINACONEX MEC, and traders can use it to determine the average amount a VINACONEX MEC'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 = 0.0574
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Estimated Market Risk
| 6.52 actual daily | 58 58% of assets are less volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average VINACONEX MEC is performing at about 4% 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 VINACONEX MEC by adding it to a well-diversified portfolio.
Things to note about VINACONEX MEC performance evaluation
Checking the ongoing alerts about VINACONEX MEC for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for VINACONEX MEC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| VINACONEX MEC had very high historical volatility over the last 90 days |
- Analyzing VINACONEX MEC'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 VINACONEX MEC's stock is overvalued or undervalued compared to its peers.
- Examining VINACONEX MEC'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 VINACONEX MEC's management team can have a significant impact on its success or failure. Reviewing the track record and experience of VINACONEX MEC's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of VINACONEX MEC's stock. These opinions can provide insight into VINACONEX MEC's potential for growth and whether the stock is currently undervalued or overvalued.