Hwacheon Machinery (Korea) Performance
| 010660 Stock | 2,645 75.00 2.92% |
The company retains a Market Volatility (i.e., Beta) of 0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hwacheon Machinery's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hwacheon Machinery is expected to be smaller as well. At this point, Hwacheon Machinery has a negative expected return of -0.0237%. Please make sure to check out Hwacheon Machinery's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Hwacheon Machinery 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 Hwacheon Machinery Co has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Hwacheon Machinery is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Hwacheon |
Hwacheon Machinery Relative Risk vs. Return Landscape
If you would invest 286,500 in Hwacheon Machinery Co on August 31, 2024 and sell it today you would lose (22,000) from holding Hwacheon Machinery Co or give up 7.68% of portfolio value over 90 days. Hwacheon Machinery Co is generating negative expected returns and assumes 5.0771% volatility on return distribution over the 90 days horizon. Simply put, 45% of stocks are less volatile than Hwacheon, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hwacheon Machinery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hwacheon Machinery's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hwacheon Machinery Co, and traders can use it to determine the average amount a Hwacheon Machinery'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 = -0.0047
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 010660 |
Estimated Market Risk
| 5.08 actual daily | 45 55% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hwacheon Machinery 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 Hwacheon Machinery by adding Hwacheon Machinery to a well-diversified portfolio.
About Hwacheon Machinery Performance
By analyzing Hwacheon Machinery's fundamental ratios, stakeholders can gain valuable insights into Hwacheon Machinery's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Hwacheon Machinery 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 Hwacheon Machinery 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 Hwacheon Machinery performance evaluation
Checking the ongoing alerts about Hwacheon Machinery for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hwacheon Machinery help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hwacheon Machinery generated a negative expected return over the last 90 days | |
| Hwacheon Machinery has high historical volatility and very poor performance |
- Analyzing Hwacheon Machinery'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 Hwacheon Machinery's stock is overvalued or undervalued compared to its peers.
- Examining Hwacheon Machinery'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 Hwacheon Machinery's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hwacheon Machinery's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hwacheon Machinery's stock. These opinions can provide insight into Hwacheon Machinery's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Hwacheon Stock analysis
When running Hwacheon Machinery's price analysis, check to measure Hwacheon Machinery'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 Hwacheon Machinery is operating at the current time. Most of Hwacheon Machinery's value examination focuses on studying past and present price action to predict the probability of Hwacheon Machinery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hwacheon Machinery's price. Additionally, you may evaluate how the addition of Hwacheon Machinery to your portfolios can decrease your overall portfolio volatility.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |