Ace Technologies (Korea) Performance
| 088800 Stock | KRW 761.00 11.00 1.42% |
The firm shows a Beta (market volatility) of -0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ace Technologies are expected to decrease at a much lower rate. During the bear market, Ace Technologies is likely to outperform the market. At this point, Ace Technologies Corp has a negative expected return of -0.13%. Please make sure to confirm Ace Technologies' standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Ace Technologies Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Ace Technologies Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
| Total Cashflows From Investing Activities | -9.1 B |
Ace |
Ace Technologies Relative Risk vs. Return Landscape
If you would invest 84,000 in Ace Technologies Corp on November 27, 2024 and sell it today you would lose (7,900) from holding Ace Technologies Corp or give up 9.4% of portfolio value over 90 days. Ace Technologies Corp is generating negative expected returns and assumes 2.9577% volatility on return distribution over the 90 days horizon. Simply put, 26% of stocks are less volatile than Ace, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ace Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ace Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ace Technologies Corp, and traders can use it to determine the average amount a Ace Technologies' 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 = -0.0431
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| Negative Returns | 088800 |
Estimated Market Risk
| 2.96 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ace Technologies 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 Ace Technologies by adding Ace Technologies to a well-diversified portfolio.
Ace Technologies Fundamentals Growth
Ace Stock prices reflect investors' perceptions of the future prospects and financial health of Ace Technologies, and Ace Technologies 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 Ace Stock performance.
| Return On Equity | -36.38 | |||
| Return On Asset | -0.0715 | |||
| Profit Margin | (0.23) % | |||
| Operating Margin | (0.20) % | |||
| Current Valuation | 921.99 B | |||
| Shares Outstanding | 38.51 M | |||
| Price To Earning | 15.37 X | |||
| Price To Sales | 0.93 X | |||
| Revenue | 232.78 B | |||
| EBITDA | (28.29 B) | |||
| Cash And Equivalents | 8.69 B | |||
| Cash Per Share | 790.42 X | |||
| Total Debt | 57.07 B | |||
| Debt To Equity | 1.58 % | |||
| Cash Flow From Operations | (42.56 B) | |||
| Total Asset | 382.67 B | |||
| Retained Earnings | 32.69 B | |||
| Current Asset | 292.27 B | |||
| Current Liabilities | 300.91 B | |||
About Ace Technologies Performance
By analyzing Ace Technologies' fundamental ratios, stakeholders can gain valuable insights into Ace Technologies' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ace Technologies 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 Ace Technologies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Ace Technologies Corporation manufactures and sells wireless communication radio frequency equipment in South Korea, the United States, the Great Britain, Sweden, Hong Kong, and China.Things to note about Ace Technologies Corp performance evaluation
Checking the ongoing alerts about Ace Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ace Technologies Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ace Technologies generated a negative expected return over the last 90 days | |
| Ace Technologies Corp has accumulated 57.07 B in total debt with debt to equity ratio (D/E) of 1.58, which is about average as compared to similar companies. Ace Technologies Corp has a current ratio of 0.95, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Ace Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Ace Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ace Technologies Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ace to invest in growth at high rates of return. When we think about Ace Technologies' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 232.78 B. Net Loss for the year was (32.64 B) with profit before overhead, payroll, taxes, and interest of 18.52 B. | |
| Ace Technologies Corp has accumulated about 8.69 B in cash with (42.56 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 790.42. | |
| Roughly 23.0% of Ace Technologies shares are owned by insiders or employees |
- Analyzing Ace Technologies' 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 Ace Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Ace Technologies' 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 Ace Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ace Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ace Technologies' stock. These opinions can provide insight into Ace Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Ace Stock analysis
When running Ace Technologies' price analysis, check to measure Ace Technologies' 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 Ace Technologies is operating at the current time. Most of Ace Technologies' value examination focuses on studying past and present price action to predict the probability of Ace Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ace Technologies' price. Additionally, you may evaluate how the addition of Ace Technologies to your portfolios can decrease your overall portfolio volatility.
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