TK Chemical (Korea) Performance
| 104480 Stock | KRW 1,292 12.00 0.92% |
The entity owns a Beta (Systematic Risk) of -0.0382, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TK Chemical are expected to decrease at a much lower rate. During the bear market, TK Chemical is likely to outperform the market. At this point, TK Chemical has a negative expected return of -0.16%. Please make sure to validate TK Chemical's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if TK Chemical performance from the past will be repeated sooner or later.
Risk-Adjusted Performance
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Over the last 90 days TK Chemical 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 | -33.2 B |
104480 |
TK Chemical Relative Risk vs. Return Landscape
If you would invest 142,900 in TK Chemical on August 26, 2024 and sell it today you would lose (13,700) from holding TK Chemical or give up 9.59% of portfolio value over 90 days. TK Chemical is generating negative expected returns and assumes 1.4609% volatility on return distribution over the 90 days horizon. Simply put, 13% of stocks are less volatile than 104480, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
TK Chemical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TK Chemical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as TK Chemical, and traders can use it to determine the average amount a TK 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 = -0.1077
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| Negative Returns | 104480 |
Estimated Market Risk
| 1.46 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TK 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 TK Chemical by adding TK Chemical to a well-diversified portfolio.
TK Chemical Fundamentals Growth
104480 Stock prices reflect investors' perceptions of the future prospects and financial health of TK Chemical, and TK Chemical 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 104480 Stock performance.
| Return On Equity | 45.3 | |||
| Return On Asset | 0.0264 | |||
| Profit Margin | 0.44 % | |||
| Operating Margin | 0.06 % | |||
| Current Valuation | 873.48 B | |||
| Shares Outstanding | 90.9 M | |||
| Price To Sales | 0.49 X | |||
| Revenue | 693.9 B | |||
| EBITDA | 46.97 B | |||
| Cash And Equivalents | 12.56 B | |||
| Cash Per Share | 114.17 X | |||
| Total Debt | 51.5 B | |||
| Debt To Equity | 0.83 % | |||
| Cash Flow From Operations | 44.28 B | |||
| Total Asset | 1.15 T | |||
About TK Chemical Performance
By analyzing TK Chemical's fundamental ratios, stakeholders can gain valuable insights into TK Chemical's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if TK 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 TK Chemical has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The company offers polyester yarns and spandex yarns, as well as PET resins. TK Chemical Corporation was founded in 1965 and is headquartered in Daegu, South Korea. TK CHEMICAL is traded on Korean Securities Dealers Automated Quotations in South Korea.Things to note about TK Chemical performance evaluation
Checking the ongoing alerts about TK Chemical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for TK Chemical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TK Chemical generated a negative expected return over the last 90 days | |
| TK Chemical has accumulated 51.5 B in total debt with debt to equity ratio (D/E) of 0.83, which is about average as compared to similar companies. TK Chemical has a current ratio of 0.68, 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 TK Chemical until it has trouble settling it off, either with new capital or with free cash flow. So, TK Chemical's 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 TK Chemical sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for 104480 to invest in growth at high rates of return. When we think about TK Chemical's use of debt, we should always consider it together with cash and equity. | |
| About 48.0% of TK Chemical shares are owned by insiders or employees |
- Analyzing TK 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 TK Chemical's stock is overvalued or undervalued compared to its peers.
- Examining TK 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 TK Chemical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TK Chemical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TK Chemical's stock. These opinions can provide insight into TK Chemical's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for 104480 Stock analysis
When running TK Chemical's price analysis, check to measure TK 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 TK Chemical is operating at the current time. Most of TK Chemical's value examination focuses on studying past and present price action to predict the probability of TK 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 TK Chemical's price. Additionally, you may evaluate how the addition of TK Chemical to your portfolios can decrease your overall portfolio volatility.
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