Taeyang Metal (Korea) Performance
| 004105 Stock | 4,650 70.00 1.53% |
The entity has a beta of -0.64, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Taeyang Metal are expected to decrease at a much lower rate. During the bear market, Taeyang Metal is likely to outperform the market. At this point, Taeyang Metal Industrial has a negative expected return of -0.13%. Please make sure to validate Taeyang Metal's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Taeyang Metal Industrial performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Taeyang Metal Industrial has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
Taeyang |
Taeyang Metal Relative Risk vs. Return Landscape
If you would invest 510,000 in Taeyang Metal Industrial on August 24, 2024 and sell it today you would lose (45,000) from holding Taeyang Metal Industrial or give up 8.82% of portfolio value over 90 days. Taeyang Metal Industrial is generating negative expected returns and assumes 2.5114% volatility on return distribution over the 90 days horizon. Simply put, 22% of stocks are less volatile than Taeyang, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Taeyang Metal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taeyang Metal's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Taeyang Metal Industrial, and traders can use it to determine the average amount a Taeyang Metal'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 = -0.0499
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 004105 |
Estimated Market Risk
| 2.51 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Taeyang Metal 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 Taeyang Metal by adding Taeyang Metal to a well-diversified portfolio.
About Taeyang Metal Performance
By analyzing Taeyang Metal's fundamental ratios, stakeholders can gain valuable insights into Taeyang Metal's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Taeyang Metal has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Taeyang Metal has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Taeyang Metal Industrial performance evaluation
Checking the ongoing alerts about Taeyang Metal for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Taeyang Metal Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Taeyang Metal generated a negative expected return over the last 90 days |
- Analyzing Taeyang Metal'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 Taeyang Metal's stock is overvalued or undervalued compared to its peers.
- Examining Taeyang Metal'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 Taeyang Metal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Taeyang Metal's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Taeyang Metal's stock. These opinions can provide insight into Taeyang Metal's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Taeyang Stock analysis
When running Taeyang Metal's price analysis, check to measure Taeyang Metal'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 Taeyang Metal is operating at the current time. Most of Taeyang Metal's value examination focuses on studying past and present price action to predict the probability of Taeyang Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taeyang Metal's price. Additionally, you may evaluate how the addition of Taeyang Metal to your portfolios can decrease your overall portfolio volatility.
| Transaction History View history of all your transactions and understand their impact on performance | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Global Correlations Find global opportunities by holding instruments from different markets |