HOKURIKU (Germany) Performance
| 6HO Stock | EUR 5.20 0.15 2.80% |
The company retains a Market Volatility (i.e., Beta) of -0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning HOKURIKU are expected to decrease at a much lower rate. During the bear market, HOKURIKU is likely to outperform the market. At this point, HOKURIKU EL PWR has a negative expected return of -0.17%. Please make sure to check out HOKURIKU's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if HOKURIKU EL PWR performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days HOKURIKU EL PWR has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's basic indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
HOKURIKU |
HOKURIKU Relative Risk vs. Return Landscape
If you would invest 595.00 in HOKURIKU EL PWR on September 13, 2024 and sell it today you would lose (75.00) from holding HOKURIKU EL PWR or give up 12.61% of portfolio value over 90 days. HOKURIKU EL PWR is currently producing negative expected returns and takes up 2.6905% volatility of returns over 90 trading days. Put another way, 23% of traded stocks are less volatile than HOKURIKU, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
HOKURIKU Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for HOKURIKU's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as HOKURIKU EL PWR, and traders can use it to determine the average amount a HOKURIKU'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 = -0.0638
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| Negative Returns | 6HO |
Estimated Market Risk
| 2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.17 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 HOKURIKU 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 HOKURIKU by adding HOKURIKU to a well-diversified portfolio.
HOKURIKU Fundamentals Growth
HOKURIKU Stock prices reflect investors' perceptions of the future prospects and financial health of HOKURIKU, and HOKURIKU 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 HOKURIKU Stock performance.
| Return On Equity | -0.25 | |||
| Return On Asset | -0.0284 | |||
| Profit Margin | (0.1) % | |||
| Operating Margin | (0.10) % | |||
| Shares Outstanding | 208.76 M | |||
| Price To Earning | 18.80 X | |||
| Revenue | 773.14 B | |||
| EBITDA | (23.61 B) | |||
| Cash And Equivalents | 138.89 B | |||
| Cash Per Share | 665.28 X | |||
| Total Debt | 1.01 T | |||
| Debt To Equity | 2.81 % | |||
| Book Value Per Share | 1,190 X | |||
| Cash Flow From Operations | 56.64 B | |||
| Earnings Per Share | (0.23) X | |||
About HOKURIKU Performance
By analyzing HOKURIKU's fundamental ratios, stakeholders can gain valuable insights into HOKURIKU's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if HOKURIKU 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 HOKURIKU has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Hokuriku Electric Power Company supplies electricity through integrated power generation, transmission, and distribution systems in Japan. Hokuriku Electric Power Company was founded in 1951 and is headquartered in Toyama, Japan. HOKURIKU operates under UtilitiesRenewable classification in Germany and is traded on Frankfurt Stock Exchange. It employs 8326 people.Things to note about HOKURIKU EL PWR performance evaluation
Checking the ongoing alerts about HOKURIKU for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for HOKURIKU EL PWR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| HOKURIKU EL PWR generated a negative expected return over the last 90 days | |
| HOKURIKU EL PWR has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 773.14 B. Net Loss for the year was (510 M) with loss before overhead, payroll, taxes, and interest of (16.39 B). | |
| About 13.0% of the company shares are owned by insiders or employees |
- Analyzing HOKURIKU'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 HOKURIKU's stock is overvalued or undervalued compared to its peers.
- Examining HOKURIKU'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 HOKURIKU's management team can have a significant impact on its success or failure. Reviewing the track record and experience of HOKURIKU's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of HOKURIKU's stock. These opinions can provide insight into HOKURIKU's potential for growth and whether the stock is currently undervalued or overvalued.
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When running HOKURIKU's price analysis, check to measure HOKURIKU'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 HOKURIKU is operating at the current time. Most of HOKURIKU's value examination focuses on studying past and present price action to predict the probability of HOKURIKU's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HOKURIKU's price. Additionally, you may evaluate how the addition of HOKURIKU to your portfolios can decrease your overall portfolio volatility.
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