Daewon Chemical (Korea) Performance
| 024890 Stock | 1,152 68.00 6.27% |
The firm shows a Beta (market volatility) of -0.53, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Daewon Chemical are expected to decrease at a much lower rate. During the bear market, Daewon Chemical is likely to outperform the market. At this point, Daewon Chemical has a negative expected return of -0.094%. Please make sure to confirm Daewon Chemical's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Daewon Chemical 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 Daewon Chemical Co has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Daewon Chemical is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Daewon |
Daewon Chemical Relative Risk vs. Return Landscape
If you would invest 130,400 in Daewon Chemical Co on September 1, 2024 and sell it today you would lose (15,200) from holding Daewon Chemical Co or give up 11.66% of portfolio value over 90 days. Daewon Chemical Co is generating negative expected returns and assumes 5.0053% volatility on return distribution over the 90 days horizon. Simply put, 44% of stocks are less volatile than Daewon, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Daewon Chemical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Daewon Chemical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Daewon Chemical Co, and traders can use it to determine the average amount a Daewon Chemical'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 = -0.0188
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| Negative Returns | 024890 |
Estimated Market Risk
| 5.01 actual daily | 44 56% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Daewon Chemical 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 Daewon Chemical by adding Daewon Chemical to a well-diversified portfolio.
About Daewon Chemical Performance
By analyzing Daewon Chemical's fundamental ratios, stakeholders can gain valuable insights into Daewon Chemical's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Daewon Chemical 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 Daewon Chemical 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 Daewon Chemical performance evaluation
Checking the ongoing alerts about Daewon Chemical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Daewon Chemical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Daewon Chemical generated a negative expected return over the last 90 days | |
| Daewon Chemical has high historical volatility and very poor performance |
- Analyzing Daewon Chemical'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 Daewon Chemical's stock is overvalued or undervalued compared to its peers.
- Examining Daewon Chemical'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 Daewon Chemical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Daewon Chemical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Daewon Chemical's stock. These opinions can provide insight into Daewon Chemical's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Daewon Stock analysis
When running Daewon Chemical's price analysis, check to measure Daewon Chemical'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 Daewon Chemical is operating at the current time. Most of Daewon Chemical's value examination focuses on studying past and present price action to predict the probability of Daewon Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daewon Chemical's price. Additionally, you may evaluate how the addition of Daewon Chemical to your portfolios can decrease your overall portfolio volatility.
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