Fletcher Building Limited Stock Performance

FRCEF Stock  USD 2.51  0.00  0.00%   
The firm shows a Beta (market volatility) of -0.41, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Fletcher Building are expected to decrease at a much lower rate. During the bear market, Fletcher Building is likely to outperform the market. Fletcher Building has an expected return of -0.24%. Please make sure to confirm Fletcher Building variance, as well as the relationship between the maximum drawdown and rate of daily change , to decide if Fletcher Building 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 Fletcher Building Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's technical and fundamental indicators remain nearly stable which may send shares a bit higher in April 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
Begin Period Cash Flow666 M
Total Cashflows From Investing Activities-356 M
  

Fletcher Building Relative Risk vs. Return Landscape

If you would invest  293.00  in Fletcher Building Limited on December 29, 2023 and sell it today you would lose (42.00) from holding Fletcher Building Limited or give up 14.33% of portfolio value over 90 days. Fletcher Building Limited is currently producing negative expected returns and takes up 1.5015% volatility of returns over 90 trading days. Put another way, 13% of traded pink sheets are less volatile than Fletcher, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
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Assuming the 90 days horizon Fletcher Building is expected to under-perform the market. In addition to that, the company is 2.62 times more volatile than its market benchmark. It trades about -0.16 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 per unit of volatility.

Fletcher Building Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fletcher Building's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Fletcher Building Limited, and traders can use it to determine the average amount a Fletcher Building'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 = -0.1608

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Estimated Market Risk

 1.5
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.24
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  actual daily
0
Most of other assets perform better
Based on monthly moving average Fletcher Building 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 Fletcher Building by adding Fletcher Building to a well-diversified portfolio.

Fletcher Building Fundamentals Growth

Fletcher Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Fletcher Building, and Fletcher Building 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 Fletcher Pink Sheet performance.

About Fletcher Building Performance

To evaluate Fletcher Building Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Fletcher Building generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Fletcher Pink Sheet's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Fletcher Building market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Fletcher's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Fletcher Building Limited, together with its subsidiaries, manufactures and distributes building products in New Zealand, Australia, and internationally. The company was founded in 1909 and is headquartered in Auckland, New Zealand. Fletcher Building operates under Building Materials classification in the United States and is traded on OTC Exchange. It employs 14700 people.

Things to note about Fletcher Building performance evaluation

Checking the ongoing alerts about Fletcher Building for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Fletcher Building help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Fletcher Building generated a negative expected return over the last 90 days
Evaluating Fletcher Building's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Fletcher Building's pink sheet performance include:
  • Analyzing Fletcher Building'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 Fletcher Building's stock is overvalued or undervalued compared to its peers.
  • Examining Fletcher Building'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 Fletcher Building's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fletcher Building's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Fletcher Building's pink sheet. These opinions can provide insight into Fletcher Building's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Fletcher Building's pink sheet performance is not an exact science, and many factors can impact Fletcher Building's pink sheet market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fletcher Building Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Fletcher Building information on this page should be used as a complementary analysis to other Fletcher Building's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Fletcher Pink Sheet analysis

When running Fletcher Building's price analysis, check to measure Fletcher Building'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 Fletcher Building is operating at the current time. Most of Fletcher Building's value examination focuses on studying past and present price action to predict the probability of Fletcher Building's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fletcher Building's price. Additionally, you may evaluate how the addition of Fletcher Building to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Fletcher Building's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fletcher Building is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fletcher Building's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.