Daekyung Machinery (Korea) Performance
| 015590 Stock | 515.00 24.00 4.89% |
On a scale of 0 to 100, Daekyung Machinery holds a performance score of 6. The firm shows a Beta (market volatility) of -0.49, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Daekyung Machinery are expected to decrease at a much lower rate. During the bear market, Daekyung Machinery is likely to outperform the market. Please check Daekyung Machinery's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Daekyung Machinery's price patterns will revert.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Daekyung Machinery Engineering are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Daekyung Machinery sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Daekyung |
Daekyung Machinery Relative Risk vs. Return Landscape
If you would invest 45,400 in Daekyung Machinery Engineering on September 1, 2024 and sell it today you would earn a total of 6,100 from holding Daekyung Machinery Engineering or generate 13.44% return on investment over 90 days. Daekyung Machinery Engineering is generating 0.2715% of daily returns and assumes 3.2168% volatility on return distribution over the 90 days horizon. Simply put, 28% of stocks are less volatile than Daekyung, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Daekyung Machinery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Daekyung Machinery's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Daekyung Machinery Engineering, and traders can use it to determine the average amount a Daekyung 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 = 0.0844
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| Small Returns | 015590 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.22 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Daekyung Machinery is performing at about 6% of its full potential. 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 Daekyung Machinery by adding it to a well-diversified portfolio.
About Daekyung Machinery Performance
By analyzing Daekyung Machinery's fundamental ratios, stakeholders can gain valuable insights into Daekyung Machinery's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Daekyung 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 Daekyung 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 Daekyung Machinery performance evaluation
Checking the ongoing alerts about Daekyung Machinery for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Daekyung Machinery help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Daekyung Machinery had very high historical volatility over the last 90 days |
- Analyzing Daekyung 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 Daekyung Machinery's stock is overvalued or undervalued compared to its peers.
- Examining Daekyung 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 Daekyung Machinery's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Daekyung Machinery's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Daekyung Machinery's stock. These opinions can provide insight into Daekyung Machinery's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Daekyung Stock analysis
When running Daekyung Machinery's price analysis, check to measure Daekyung 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 Daekyung Machinery is operating at the current time. Most of Daekyung Machinery's value examination focuses on studying past and present price action to predict the probability of Daekyung 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 Daekyung Machinery's price. Additionally, you may evaluate how the addition of Daekyung Machinery to your portfolios can decrease your overall portfolio volatility.
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