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.
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