The organization holds Beta of 0.1721 which implies as returns on market increase, Palram Industries returns are expected to increase less than the market. However during bear market, the loss on holding Palram Industries will be expected to be smaller as well. Even though it is essential to pay attention to Palram Industries current trending 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. Palram Industries exposes twenty-one different technical indicators which can help you to evaluate its performance. Palram Industries has expected return of -0.213%. Please be advised to check Palram Industries Jensen Alpha, Maximum Drawdown and the relationship between Information Ratio and Treynor Ratio to decide if Palram Industries past performance will be repeated at some point in the near future.
Risk-Adjusted PerformanceOver the last 30 days Palram Industries Ltd 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 basic indicators remain somewhat strong which may send shares a bit higher in May 2019. The current disturbance may also be a sign of long term up-swing for the company investors.
|Fifty Two Week Low||1,712.00|
|Fifty Two Week High||2,380.00|
|Trailing Annual Dividend Yield||0.02%|
|Horizon||30 Days Login to change|
Palram Industries Relative Risk vs. Return LandscapeIf you would invest 186,000 in Palram Industries Ltd on March 20, 2019 and sell it today you would lose (7,687) from holding Palram Industries Ltd or give up 4.13% of portfolio value over 30 days. Palram Industries Ltd is generating negative expected returns and assumes 2.1112% volatility on return distribution over the 30 days horizon. Simply put, 18% of equities are less volatile than Palram Industries and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Palram Industries Market Risk Analysis
Sharpe Ratio = -0.1009
Palram Industries Relative Performance Indicators
Estimated Market Risk
Palram Industries Alerts
Equity Alerts and Improvement Suggestions
|Palram Industries is not yet fully synchronised with the market data|
|Palram Industries generates negative expected return over the last 30 days|
|PALRAM INDS has accumulated about 166.34M in cash with (1.88M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.6.|
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