Choong Ang (Korea) Performance
| 072020 Stock | KRW 10,010 20.00 0.20% |
The firm shows a Beta (market volatility) of -0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Choong Ang are expected to decrease at a much lower rate. During the bear market, Choong Ang is likely to outperform the market. At this point, Choong Ang Vaccine has a negative expected return of -0.0711%. Please make sure to confirm Choong Ang's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Choong Ang Vaccine 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 Choong Ang Vaccine has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Choong Ang is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Total Cashflows From Investing Activities | -12 B |
Choong |
Choong Ang Relative Risk vs. Return Landscape
If you would invest 1,048,000 in Choong Ang Vaccine on August 28, 2024 and sell it today you would lose (47,000) from holding Choong Ang Vaccine or give up 4.48% of portfolio value over 90 days. Choong Ang Vaccine is generating negative expected returns and assumes 1.16% volatility on return distribution over the 90 days horizon. Simply put, 10% of stocks are less volatile than Choong, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Choong Ang Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Choong Ang's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Choong Ang Vaccine, and traders can use it to determine the average amount a Choong Ang'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 = -0.0613
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| Negative Returns | 072020 |
Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Choong Ang 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 Choong Ang by adding Choong Ang to a well-diversified portfolio.
Choong Ang Fundamentals Growth
Choong Stock prices reflect investors' perceptions of the future prospects and financial health of Choong Ang, and Choong Ang 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 Choong Stock performance.
| Return On Equity | 8.51 | |||
| Return On Asset | 0.056 | |||
| Profit Margin | 0.19 % | |||
| Operating Margin | 0.22 % | |||
| Current Valuation | 163.05 B | |||
| Shares Outstanding | 9.96 M | |||
| Price To Earning | 45.94 X | |||
| Price To Sales | 4.85 X | |||
| Revenue | 40.91 B | |||
| EBITDA | 8.55 B | |||
| Cash And Equivalents | 11.33 B | |||
| Total Debt | 5.34 B | |||
| Debt To Equity | 6.40 % | |||
| Cash Flow From Operations | 11.53 B | |||
| Total Asset | 112.95 B | |||
| Retained Earnings | 42.09 B | |||
| Current Asset | 30.18 B | |||
| Current Liabilities | 6.63 B | |||
About Choong Ang Performance
By analyzing Choong Ang's fundamental ratios, stakeholders can gain valuable insights into Choong Ang's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Choong Ang 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 Choong Ang has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Choong Ang Vaccine Laboratory Co., Ltd. engages in the production and sale of animal biological products primarily in Korea. The company, formerly known as ChoongAng Veterinary Infectious Diseases Research Institute, was founded in 1968 and is based in Daejeon, South Korea. CAVAC is traded on Korean Securities Dealers Automated Quotations in South Korea.Things to note about Choong Ang Vaccine performance evaluation
Checking the ongoing alerts about Choong Ang for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Choong Ang Vaccine help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Choong Ang Vaccine generated a negative expected return over the last 90 days | |
| About 34.0% of the company shares are owned by insiders or employees |
- Analyzing Choong Ang'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 Choong Ang's stock is overvalued or undervalued compared to its peers.
- Examining Choong Ang'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 Choong Ang's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Choong Ang's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Choong Ang's stock. These opinions can provide insight into Choong Ang's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Choong Stock analysis
When running Choong Ang's price analysis, check to measure Choong Ang'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 Choong Ang is operating at the current time. Most of Choong Ang's value examination focuses on studying past and present price action to predict the probability of Choong Ang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Choong Ang's price. Additionally, you may evaluate how the addition of Choong Ang to your portfolios can decrease your overall portfolio volatility.
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