RangDong Plastic (Vietnam) Today
RangDong Plastic is selling at 1310.00 as of the 11th of December 2024; that is 1.55 percent increase since the beginning of the trading day. The stock's open price was 1290.0. The performance scores are derived for the period starting the 11th of November 2024 and ending today, the 11th of December 2024. Click here to learn more.
Valuation
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RangDong Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. RangDong Plastic's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding RangDong Plastic or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Plastics (View all Themes) |
| Business Concentration | Plastics, Chemicals, Basic Materials (View all Sectors) |
RangDong Plastic JSC (RDP) is traded on Vietnam Stocks in Vietnam . The company operates under Basic Materials sector and is part of Chemicals industry.
Check RangDong Plastic Probability Of Bankruptcy
RangDong Plastic JSC Risk Profiles
Although RangDong Plastic's alpha and beta are two of the key measurements used to evaluate RangDong Plastic's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.22 | |||
| Standard Deviation | 2.94 | |||
| Variance | 8.67 | |||
| Risk Adjusted Performance | (0.22) |
RangDong Stock Against Markets
RangDong Plastic Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with RangDong Plastic stock to make a market-neutral strategy. Peer analysis of RangDong Plastic could also be used in its relative valuation, which is a method of valuing RangDong Plastic by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Other Information on Investing in RangDong Stock
RangDong Plastic financial ratios help investors to determine whether RangDong 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 RangDong with respect to the benefits of owning RangDong Plastic security.