Thrace Plastics (Greece) Performance
PLAT Stock | EUR 4.00 0.09 2.20% |
The entity has a beta of 0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Thrace Plastics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Thrace Plastics is expected to be smaller as well. Thrace Plastics Holding has an expected return of -0.17%. Please make sure to validate Thrace Plastics skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Thrace Plastics Holding 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 Thrace Plastics Holding has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Stock's basic indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the firm private investors. ...more
Begin Period Cash Flow | 40.8 M | |
Total Cashflows From Investing Activities | -25 M | |
Free Cash Flow | 56.8 M |
Thrace |
Thrace Plastics Relative Risk vs. Return Landscape
If you would invest 445.00 in Thrace Plastics Holding on February 1, 2024 and sell it today you would lose (45.00) from holding Thrace Plastics Holding or give up 10.11% of portfolio value over 90 days. Thrace Plastics Holding is generating negative expected returns and assumes 1.0634% volatility on return distribution over the 90 days horizon. Simply put, 9% of stocks are less volatile than Thrace, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
Risk |
Thrace Plastics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thrace Plastics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Thrace Plastics Holding, and traders can use it to determine the average amount a Thrace Plastics' 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 = -0.1617
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Estimated Market Risk
1.06 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.17 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 Thrace Plastics 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 Thrace Plastics by adding Thrace Plastics to a well-diversified portfolio.
Thrace Plastics Fundamentals Growth
Thrace Stock prices reflect investors' perceptions of the future prospects and financial health of Thrace Plastics, and Thrace Plastics 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 Thrace Stock performance.
Return On Equity | 0.11 | |||
Return On Asset | 0.047 | |||
Profit Margin | 0.07 % | |||
Operating Margin | 0.08 % | |||
Current Valuation | 198.43 M | |||
Shares Outstanding | 43.2 M | |||
Price To Earning | 13.08 X | |||
Price To Book | 0.66 X | |||
Price To Sales | 0.43 X | |||
Revenue | 428.43 M | |||
EBITDA | 105.85 M | |||
Cash And Equivalents | 18.7 M | |||
Cash Per Share | 0.43 X | |||
Total Debt | 33.61 M | |||
Debt To Equity | 76.40 % | |||
Book Value Per Share | 6.05 X | |||
Cash Flow From Operations | 87.08 M | |||
Earnings Per Share | 0.63 X | |||
Total Asset | 405.2 M | |||
Retained Earnings | 47 M | |||
Current Asset | 142 M | |||
Current Liabilities | 109 M | |||
About Thrace Plastics Performance
To evaluate Thrace Plastics Holding Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Thrace Plastics 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 Thrace Stock'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 Thrace Plastics Holding market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Thrace'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.Thrace Plastics Holding and Commercial S.A. produces and distributes polypropylene products in Greece and internationally. The company was founded in 1977 and is based in Alimos, Greece. THRACE PLASTICS operates under Packaging Containers classification in Greece and is traded on Athens Stock Exchange. It employs 1865 people.Things to note about Thrace Plastics Holding performance evaluation
Checking the ongoing alerts about Thrace Plastics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Thrace Plastics Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Thrace Plastics generated a negative expected return over the last 90 days | |
Thrace Plastics has accumulated 33.61 Million in debt which can lead to volatile earnings | |
About 62.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Thrace Plastics' 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 Thrace Plastics' stock is overvalued or undervalued compared to its peers.
- Examining Thrace Plastics' 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 Thrace Plastics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thrace Plastics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Thrace Plastics' stock. These opinions can provide insight into Thrace Plastics' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Thrace Plastics Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Thrace Stock analysis
When running Thrace Plastics' price analysis, check to measure Thrace Plastics' 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 Thrace Plastics is operating at the current time. Most of Thrace Plastics' value examination focuses on studying past and present price action to predict the probability of Thrace Plastics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thrace Plastics' price. Additionally, you may evaluate how the addition of Thrace Plastics to your portfolios can decrease your overall portfolio volatility.
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