Narae Nanotech (Korea) Performance
| 137080 Stock | 3,330 65.00 1.99% |
The company secures a Beta (Market Risk) of -0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Narae Nanotech are expected to decrease at a much lower rate. During the bear market, Narae Nanotech is likely to outperform the market. At this point, Narae Nanotech Corp has a negative expected return of -0.2%. Please make sure to verify Narae Nanotech's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Narae Nanotech Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Narae Nanotech 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 | -10.8 B |
Narae |
Narae Nanotech Relative Risk vs. Return Landscape
If you would invest 383,000 in Narae Nanotech Corp on September 14, 2024 and sell it today you would lose (50,000) from holding Narae Nanotech Corp or give up 13.05% of portfolio value over 90 days. Narae Nanotech Corp is generating negative expected returns and assumes 2.9265% volatility on return distribution over the 90 days horizon. Simply put, 26% of stocks are less volatile than Narae, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Narae Nanotech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Narae Nanotech's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Narae Nanotech Corp, and traders can use it to determine the average amount a Narae Nanotech'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 = -0.0679
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| Negative Returns | 137080 |
Estimated Market Risk
| 2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Narae Nanotech 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 Narae Nanotech by adding Narae Nanotech to a well-diversified portfolio.
Narae Nanotech Fundamentals Growth
Narae Stock prices reflect investors' perceptions of the future prospects and financial health of Narae Nanotech, and Narae Nanotech 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 Narae Stock performance.
| Return On Equity | 7.04 | |||
| Revenue | 135.15 B | |||
| Cash And Equivalents | 16.18 B | |||
| Total Debt | 3.41 B | |||
| Cash Flow From Operations | 23.74 B | |||
| Total Asset | 149.52 B | |||
About Narae Nanotech Performance
By analyzing Narae Nanotech's fundamental ratios, stakeholders can gain valuable insights into Narae Nanotech's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Narae Nanotech 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 Narae Nanotech has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Narae Nanotech Corp performance evaluation
Checking the ongoing alerts about Narae Nanotech for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Narae Nanotech Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Narae Nanotech Corp generated a negative expected return over the last 90 days |
- Analyzing Narae Nanotech'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 Narae Nanotech's stock is overvalued or undervalued compared to its peers.
- Examining Narae Nanotech'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 Narae Nanotech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Narae Nanotech's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Narae Nanotech's stock. These opinions can provide insight into Narae Nanotech's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Narae Stock analysis
When running Narae Nanotech's price analysis, check to measure Narae Nanotech'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 Narae Nanotech is operating at the current time. Most of Narae Nanotech's value examination focuses on studying past and present price action to predict the probability of Narae Nanotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Narae Nanotech's price. Additionally, you may evaluate how the addition of Narae Nanotech to your portfolios can decrease your overall portfolio volatility.
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