Melnick Even (Brazil) Performance
| MELK3 Stock | BRL 3.51 0.10 2.93% |
Melnick Even has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.19, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Melnick Even are expected to decrease at a much lower rate. During the bear market, Melnick Even is likely to outperform the market. Melnick Even Desenvo right now secures a risk of 2.39%. Please verify Melnick Even Desenvolvimento total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Melnick Even Desenvolvimento will be following its current price movements.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Melnick Even Desenvolvimento are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, Melnick Even is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 6.5 M | |
| Total Cashflows From Investing Activities | 289.3 M |
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Melnick Even Relative Risk vs. Return Landscape
If you would invest 349.00 in Melnick Even Desenvolvimento on September 26, 2024 and sell it today you would earn a total of 2.00 from holding Melnick Even Desenvolvimento or generate 0.57% return on investment over 90 days. Melnick Even Desenvolvimento is generating 0.0373% of daily returns and assumes 2.3892% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than Melnick, 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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Melnick Even Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Melnick Even's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Melnick Even Desenvolvimento, and traders can use it to determine the average amount a Melnick Even'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 = 0.0156
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| Negative Returns | MELK3 |
Estimated Market Risk
| 2.39 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Melnick Even is performing at about 1% 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 Melnick Even by adding it to a well-diversified portfolio.
Melnick Even Fundamentals Growth
Melnick Stock prices reflect investors' perceptions of the future prospects and financial health of Melnick Even, and Melnick Even 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 Melnick Stock performance.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0308 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.1 % | |||
| Current Valuation | 440.12 M | |||
| Shares Outstanding | 202.18 M | |||
| Price To Earning | 10.28 X | |||
| Price To Book | 0.53 X | |||
| Price To Sales | 0.59 X | |||
| Revenue | 771.82 M | |||
| EBITDA | 105.33 M | |||
| Cash And Equivalents | 57 K | |||
| Cash Per Share | 3.30 X | |||
| Total Debt | 5.61 M | |||
| Debt To Equity | 0.06 % | |||
| Book Value Per Share | 5.93 X | |||
| Cash Flow From Operations | (136.35 M) | |||
| Earnings Per Share | 0.55 X | |||
| Total Asset | 1.95 B | |||
About Melnick Even Performance
Assessing Melnick Even's fundamental ratios provides investors with valuable insights into Melnick Even's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Melnick Even is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Melnick Even Desenvolvimento Imobilirio S.A. operates as a builder and developer of real estate projects in Rio Grande do Sul. The company was founded in 1970 and is based in Porto Alegre, Brazil. MELNICK ON operates under Real Estate Services classification in Brazil and is traded on Sao Paolo Stock Exchange.Things to note about Melnick Even Desenvo performance evaluation
Checking the ongoing alerts about Melnick Even for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Melnick Even Desenvo help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Melnick Even Desenvolvimento has accumulated about 57 K in cash with (136.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.3. |
- Analyzing Melnick Even'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 Melnick Even's stock is overvalued or undervalued compared to its peers.
- Examining Melnick Even'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 Melnick Even's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Melnick Even's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Melnick Even's stock. These opinions can provide insight into Melnick Even's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Melnick Stock Analysis
When running Melnick Even's price analysis, check to measure Melnick Even's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Melnick Even is operating at the current time. Most of Melnick Even's value examination focuses on studying past and present price action to predict the probability of Melnick Even's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Melnick Even's price. Additionally, you may evaluate how the addition of Melnick Even to your portfolios can decrease your overall portfolio volatility.