Thatta Cement (Pakistan) Performance
| THCCL Stock | 52.12 0.60 1.14% |
On a scale of 0 to 100, Thatta Cement holds a performance score of 15. The entity has a beta of 0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Thatta Cement's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thatta Cement is expected to be smaller as well. Please check Thatta Cement's information ratio, downside variance, day median price, as well as the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Thatta Cement's existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Thatta Cement are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite quite weak fundamental indicators, Thatta Cement disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
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Thatta Cement Relative Risk vs. Return Landscape
If you would invest 3,451 in Thatta Cement on June 21, 2024 and sell it today you would earn a total of 1,761 from holding Thatta Cement or generate 51.03% return on investment over 90 days. Thatta Cement is generating 0.7579% of daily returns and assumes 3.7823% volatility on return distribution over the 90 days horizon. Simply put, 33% of stocks are less volatile than Thatta, and 85% 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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Thatta Cement Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thatta Cement's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Thatta Cement, and traders can use it to determine the average amount a Thatta Cement'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 = 0.2004
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Estimated Market Risk
| 3.78 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.76 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Thatta Cement is performing at about 15% 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 Thatta Cement by adding it to a well-diversified portfolio.
About Thatta Cement Performance
By examining Thatta Cement's fundamental ratios, stakeholders can obtain critical insights into Thatta Cement'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 Thatta Cement 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 Thatta Cement performance evaluation
Checking the ongoing alerts about Thatta Cement for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Thatta Cement help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Thatta Cement appears to be risky and price may revert if volatility continues |
- Analyzing Thatta Cement'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 Thatta Cement's stock is overvalued or undervalued compared to its peers.
- Examining Thatta Cement'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 Thatta Cement's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thatta Cement's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Thatta Cement's stock. These opinions can provide insight into Thatta Cement's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Thatta Stock
Thatta Cement financial ratios help investors to determine whether Thatta 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 Thatta with respect to the benefits of owning Thatta Cement security.