Refinaria (Brazil) Performance
| RPMG3 Stock | BRL 2.69 0.25 10.25% |
The company holds a Beta of 0.19, which implies not very significant fluctuations relative to the market. As returns on the market increase, Refinaria's returns are expected to increase less than the market. However, during the bear market, the loss of holding Refinaria is expected to be smaller as well. At this point, Refinaria de Petrleos has a negative expected return of -0.16%. Please make sure to check Refinaria's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Refinaria de Petrleos 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 Refinaria de Petrleos has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest uncertain performance, the Stock's basic indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the firm private investors. ...more
| Begin Period Cash Flow | 9000.00 | |
| Total Cashflows From Investing Activities | -40.8 M |
Refinaria |
Refinaria Relative Risk vs. Return Landscape
If you would invest 305.00 in Refinaria de Petrleos on September 2, 2024 and sell it today you would lose (36.00) from holding Refinaria de Petrleos or give up 11.8% of portfolio value over 90 days. Refinaria de Petrleos is generating negative expected returns and assumes 2.7118% volatility on return distribution over the 90 days horizon. Simply put, 24% of stocks are less volatile than Refinaria, 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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Refinaria Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Refinaria's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Refinaria de Petrleos, and traders can use it to determine the average amount a Refinaria'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 = -0.0591
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| Negative Returns | RPMG3 |
Estimated Market Risk
| 2.71 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Refinaria 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 Refinaria by adding Refinaria to a well-diversified portfolio.
Refinaria Fundamentals Growth
Refinaria Stock prices reflect investors' perceptions of the future prospects and financial health of Refinaria, and Refinaria 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 Refinaria Stock performance.
| Return On Asset | -0.12 | |||
| Profit Margin | (0.19) % | |||
| Operating Margin | (0.19) % | |||
| Current Valuation | 104.9 M | |||
| Shares Outstanding | 67.68 M | |||
| Price To Earning | (1.26) X | |||
| Price To Sales | 0.02 X | |||
| Revenue | 2.21 B | |||
| EBITDA | (285.18 M) | |||
| Cash And Equivalents | 47 K | |||
| Book Value Per Share | (62.54) X | |||
| Cash Flow From Operations | 40.71 M | |||
| Earnings Per Share | (7.30) X | |||
| Total Asset | 4.2 B | |||
| Retained Earnings | (2.08 B) | |||
| Current Asset | 242 M | |||
| Current Liabilities | 1.2 B | |||
About Refinaria Performance
Assessing Refinaria's fundamental ratios provides investors with valuable insights into Refinaria's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Refinaria 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.
Refinaria de Petrleos de Manguinhos S.A. refines petroleum products in Brazil. Refinaria de Petrleos de Manguinhos S.A. is a subsidiary of Manguinhos Participacoes S.A. PET MANGUINHON operates under Oil Gas Refining Marketing classification in Brazil and is traded on Sao Paolo Stock Exchange.Things to note about Refinaria de Petrleos performance evaluation
Checking the ongoing alerts about Refinaria for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Refinaria de Petrleos help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Refinaria generated a negative expected return over the last 90 days | |
| The company has a current ratio of 0.43, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Refinaria until it has trouble settling it off, either with new capital or with free cash flow. So, Refinaria's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Refinaria de Petrleos sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Refinaria to invest in growth at high rates of return. When we think about Refinaria's use of debt, we should always consider it together with cash and equity. | |
| Refinaria de Petrleos reported the revenue of 2.21 B. Net Loss for the year was (361.76 M) with loss before overhead, payroll, taxes, and interest of (61.38 M). | |
| About 65.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Refinaria'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 Refinaria's stock is overvalued or undervalued compared to its peers.
- Examining Refinaria'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 Refinaria's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Refinaria's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Refinaria's stock. These opinions can provide insight into Refinaria's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Refinaria Stock Analysis
When running Refinaria's price analysis, check to measure Refinaria'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 Refinaria is operating at the current time. Most of Refinaria's value examination focuses on studying past and present price action to predict the probability of Refinaria's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Refinaria's price. Additionally, you may evaluate how the addition of Refinaria to your portfolios can decrease your overall portfolio volatility.