Me Lin (Vietnam) Performance
| MEL Stock | 7,300 700.00 10.61% |
On a scale of 0 to 100, Me Lin holds a performance score of 9. The company owns a Beta (Systematic Risk) of 0.35, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Me Lin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Me Lin is expected to be smaller as well. Please check Me Lin's potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether Me Lin's current price history will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Me Lin Steel are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating essential indicators, Me Lin displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
MEL |
Me Lin Relative Risk vs. Return Landscape
If you would invest 600,000 in Me Lin Steel on September 28, 2024 and sell it today you would earn a total of 130,000 from holding Me Lin Steel or generate 21.67% return on investment over 90 days. Me Lin Steel is generating 0.7511% of daily returns assuming 6.46% volatility of returns over the 90 days investment horizon. Simply put, 57% of all stocks have less volatile historical return distribution than Me Lin, and 86% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Me Lin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Me Lin's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Me Lin Steel, and traders can use it to determine the average amount a Me Lin'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 = 0.1163
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.46 actual daily | 57 57% of assets are less volatile |
Expected Return
| 0.75 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Me Lin is performing at about 9% 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 Me Lin by adding it to a well-diversified portfolio.
Things to note about Me Lin Steel performance evaluation
Checking the ongoing alerts about Me Lin for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Me Lin Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Me Lin Steel is way too risky over 90 days horizon | |
| Me Lin Steel appears to be risky and price may revert if volatility continues |
- Analyzing Me Lin'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 Me Lin's stock is overvalued or undervalued compared to its peers.
- Examining Me Lin'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 Me Lin's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Me Lin's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Me Lin's stock. These opinions can provide insight into Me Lin's potential for growth and whether the stock is currently undervalued or overvalued.