Petrolimex Insurance (Vietnam) Performance
| PGI Stock | 22,800 0.00 0.00% |
The company holds a Beta of 0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, Petrolimex Insurance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Petrolimex Insurance is expected to be smaller as well. At this point, Petrolimex Insurance Corp has a negative expected return of -0.062%. Please make sure to check Petrolimex Insurance's variance, as well as the relationship between the value at risk and rate of daily change , to decide if Petrolimex Insurance Corp 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 Petrolimex Insurance Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy forward indicators, Petrolimex Insurance is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Petrolimex |
Petrolimex Insurance Relative Risk vs. Return Landscape
If you would invest 2,375,000 in Petrolimex Insurance Corp on September 13, 2024 and sell it today you would lose (95,000) from holding Petrolimex Insurance Corp or give up 4.0% of portfolio value over 90 days. Petrolimex Insurance Corp is producing return of less than zero assuming 1.7491% volatility of returns over the 90 days investment horizon. Simply put, 15% of all stocks have less volatile historical return distribution than Petrolimex Insurance, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Petrolimex Insurance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Petrolimex Insurance's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Petrolimex Insurance Corp, and traders can use it to determine the average amount a Petrolimex Insurance'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 = -0.0355
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| Negative Returns | PGI |
Estimated Market Risk
| 1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Petrolimex Insurance 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 Petrolimex Insurance by adding Petrolimex Insurance to a well-diversified portfolio.
About Petrolimex Insurance Performance
By examining Petrolimex Insurance's fundamental ratios, stakeholders can obtain critical insights into Petrolimex Insurance'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 Petrolimex Insurance 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 Petrolimex Insurance Corp performance evaluation
Checking the ongoing alerts about Petrolimex Insurance for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Petrolimex Insurance Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Petrolimex Insurance generated a negative expected return over the last 90 days |
- Analyzing Petrolimex Insurance'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 Petrolimex Insurance's stock is overvalued or undervalued compared to its peers.
- Examining Petrolimex Insurance'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 Petrolimex Insurance's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Petrolimex Insurance's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Petrolimex Insurance's stock. These opinions can provide insight into Petrolimex Insurance's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Petrolimex Stock
Petrolimex Insurance financial ratios help investors to determine whether Petrolimex 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 Petrolimex with respect to the benefits of owning Petrolimex Insurance security.