Macroaxis gives Preformed performance score of 0 on a scale of 0 to 100. The corporation holds Beta of 0.51 which implies as returns on market increase, Preformed returns are expected to increase less than the market. However during bear market, the loss on holding Preformed will be expected to be smaller as well. Even though it is essential to pay attention to
Preformed Line Products current trading patterns, it is always good to be careful when utilizing equity existing
price patterns. Macroaxis philosophy towards forecasting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available
technical indicators. Preformed Line Products exposes twenty-eight different technical indicators which can help you to evaluate its performance.
Preformed Line Products has expected return of -0.24%. Please be advised to check Preformed Line Products
Jensen Alpha,
Semi Variance,
Day Typical Price, as well as the
relationship between
Maximum Drawdown and
Accumulation Distribution to decide if
Preformed Line Products past performance will be repeated at some point in the near future.
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Investment horizon:
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30 Days
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Relative Risk vs. Return Landscape
If you would invest
7,386 in Preformed Line Products Company on
May 20, 2013 and sell it today you would
lose (341.00) from holding Preformed Line Products Company or give up
4.62% of portfolio value over
30 days. Preformed Line Products Company is currenly does not generate positive expected returns and assumes 1.06% risk (volatility on return distribution) over the 30 days horizon. In different words, 13% of equities are less volatile than Preformed Line Products Company and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
Daily Expected Return (%)
Given investment horizon of 30 days, Preformed Line Products Company is expected to under-perform the market. In addition to that, the company is 1.26 times more volatile than its market benchmark. It trades about -0.23 of its total potential returns per unit of risk. The S&P 500 is currently generating roughly -0.05 per unit of volatility.
Preformed Operating Margin
Based on recorded statements Preformed Line Products Company has Operating Margin of 9.06%. This is 204.26% lower than that of Industrial Goods sector, and 133.69% lower than that of
Industrial Electrical Equipment industry, The Operating Margin for all stocks is 339.68% lower than the firm.
A good Operating Margin is required for a company to be able to pay for its fixed costs or pay out its debt which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against firm's competitors.
Preformed Return On Equity vs Return On Asset
Preformed Line Products Company is regarded
fifth in return on equity category among related companies. It is regarded
fourth in return on asset category among related companies reporting about
0.64 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Preformed Line Products Company is roughly
1.57