Techwing (Korea) Performance
| 089030 Stock | 45,450 1,100 2.48% |
The entity has a beta of -0.65, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Techwing are expected to decrease at a much lower rate. During the bear market, Techwing is likely to outperform the market. Techwing right now has a risk of 5.33%. Please validate Techwing mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Techwing will be following its existing price patterns.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Techwing has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Techwing is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Techwing |
Techwing Relative Risk vs. Return Landscape
If you would invest 4,365,000 in Techwing on November 6, 2024 and sell it today you would lose (200,000) from holding Techwing or give up 4.58% of portfolio value over 90 days. Techwing is generating 0.057% of daily returns and assumes 5.3318% volatility on return distribution over the 90 days horizon. Simply put, 47% of stocks are less volatile than Techwing, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Techwing Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Techwing's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Techwing, and traders can use it to determine the average amount a Techwing'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 = 0.0107
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | 089030 | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.33 actual daily | 47 53% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Techwing 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 Techwing by adding Techwing to a well-diversified portfolio.
Things to note about Techwing performance evaluation
Checking the ongoing alerts about Techwing for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Techwing help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Techwing had very high historical volatility over the last 90 days |
- Analyzing Techwing'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 Techwing's stock is overvalued or undervalued compared to its peers.
- Examining Techwing'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 Techwing's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Techwing's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Techwing's stock. These opinions can provide insight into Techwing's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Techwing Stock analysis
When running Techwing's price analysis, check to measure Techwing'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 Techwing is operating at the current time. Most of Techwing's value examination focuses on studying past and present price action to predict the probability of Techwing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Techwing's price. Additionally, you may evaluate how the addition of Techwing to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |