Signetics (Korea) Performance
| 033170 Stock | KRW 835.00 3.00 0.36% |
The entity has a beta of -0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Signetics are expected to decrease at a much lower rate. During the bear market, Signetics is likely to outperform the market. At this point, Signetics has a negative expected return of -0.29%. Please make sure to validate Signetics' market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Signetics 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 Signetics has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Total Cashflows From Investing Activities | 5.8 B |
Signetics |
Signetics Relative Risk vs. Return Landscape
If you would invest 101,600 in Signetics on August 29, 2024 and sell it today you would lose (18,100) from holding Signetics or give up 17.81% of portfolio value over 90 days. Signetics is generating negative expected returns and assumes 2.977% volatility on return distribution over the 90 days horizon. Simply put, 26% of stocks are less volatile than Signetics, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Signetics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Signetics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Signetics, and traders can use it to determine the average amount a Signetics' 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 = -0.0972
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| Negative Returns | 033170 |
Estimated Market Risk
| 2.98 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Signetics 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 Signetics by adding Signetics to a well-diversified portfolio.
Signetics Fundamentals Growth
Signetics Stock prices reflect investors' perceptions of the future prospects and financial health of Signetics, and Signetics 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 Signetics Stock performance.
| Return On Equity | 8.85 | |||
| Return On Asset | 0.0503 | |||
| Profit Margin | (0.05) % | |||
| Operating Margin | 0.06 % | |||
| Current Valuation | 138.32 B | |||
| Shares Outstanding | 85.73 M | |||
| Price To Earning | 7.64 X | |||
| Price To Sales | 0.41 X | |||
| Revenue | 269.88 B | |||
| EBITDA | 24.36 B | |||
| Cash And Equivalents | 7.52 B | |||
| Cash Per Share | 42.05 X | |||
| Total Debt | 62.14 M | |||
| Debt To Equity | 14.50 % | |||
| Cash Flow From Operations | 9.43 B | |||
| Total Asset | 182.32 B | |||
| Retained Earnings | 63.47 B | |||
| Current Asset | 40.46 B | |||
| Current Liabilities | 45.11 B | |||
About Signetics Performance
By analyzing Signetics' fundamental ratios, stakeholders can gain valuable insights into Signetics' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Signetics 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 Signetics has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Signetics Corporation operates as a semiconductor assembly and test specialty company in South Korea and internationally. The company was founded in 1966 and is headquartered in Paju, South Korea. Signetics is traded on Korean Securities Dealers Automated Quotations in South Korea.Things to note about Signetics performance evaluation
Checking the ongoing alerts about Signetics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Signetics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Signetics generated a negative expected return over the last 90 days | |
| About 38.0% of the company shares are owned by insiders or employees |
- Analyzing Signetics' 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 Signetics' stock is overvalued or undervalued compared to its peers.
- Examining Signetics' 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 Signetics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Signetics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Signetics' stock. These opinions can provide insight into Signetics' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Signetics Stock analysis
When running Signetics' price analysis, check to measure Signetics' 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 Signetics is operating at the current time. Most of Signetics' value examination focuses on studying past and present price action to predict the probability of Signetics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Signetics' price. Additionally, you may evaluate how the addition of Signetics to your portfolios can decrease your overall portfolio volatility.
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