SK Hynix (Korea) Performance
| 000660 Stock | 176,700 7,900 4.68% |
The entity owns a Beta (Systematic Risk) of -0.054, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SK Hynix are expected to decrease at a much lower rate. During the bear market, SK Hynix is likely to outperform the market. SK Hynix today owns a risk of 3.6%. Please validate SK Hynix coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if SK Hynix will be following its current price history.
Risk-Adjusted Performance
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Over the last 90 days SK Hynix has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, SK Hynix is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 3 T | |
| Total Cashflows From Investing Activities | -22.4 T |
000660 |
SK Hynix Relative Risk vs. Return Landscape
If you would invest 17,930,200 in SK Hynix on August 24, 2024 and sell it today you would lose (260,200) from holding SK Hynix or give up 1.45% of portfolio value over 90 days. SK Hynix is generating 0.0387% of daily returns and assumes 3.5984% volatility on return distribution over the 90 days horizon. Simply put, 32% of stocks are less volatile than 000660, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SK Hynix Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SK Hynix's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as SK Hynix, and traders can use it to determine the average amount a SK Hynix'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
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| Negative Returns | 000660 |
Estimated Market Risk
| 3.6 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SK Hynix 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 SK Hynix by adding SK Hynix to a well-diversified portfolio.
SK Hynix Fundamentals Growth
000660 Stock prices reflect investors' perceptions of the future prospects and financial health of SK Hynix, and SK Hynix 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 000660 Stock performance.
| Return On Equity | 0.15 | |||
| Return On Asset | 0.0838 | |||
| Profit Margin | 0.19 % | |||
| Operating Margin | 0.26 % | |||
| Current Valuation | 72.86 T | |||
| Shares Outstanding | 687.65 M | |||
| Price To Book | 0.82 X | |||
| Price To Sales | 1.10 X | |||
| Revenue | 43 T | |||
| EBITDA | 24.33 T | |||
| Total Debt | 14.74 T | |||
| Cash Flow From Operations | 19.8 T | |||
| Earnings Per Share | 187.08 X | |||
| Total Asset | 96.39 T | |||
About SK Hynix Performance
By analyzing SK Hynix's fundamental ratios, stakeholders can gain valuable insights into SK Hynix's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SK Hynix 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 SK Hynix 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 SK Hynix performance evaluation
Checking the ongoing alerts about SK Hynix for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SK Hynix help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| SK Hynix had very high historical volatility over the last 90 days | |
| About 26.0% of the company shares are owned by insiders or employees |
- Analyzing SK Hynix'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 SK Hynix's stock is overvalued or undervalued compared to its peers.
- Examining SK Hynix'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 SK Hynix's management team can have a significant impact on its success or failure. Reviewing the track record and experience of SK Hynix's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SK Hynix's stock. These opinions can provide insight into SK Hynix's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for 000660 Stock analysis
When running SK Hynix's price analysis, check to measure SK Hynix'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 SK Hynix is operating at the current time. Most of SK Hynix's value examination focuses on studying past and present price action to predict the probability of SK Hynix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SK Hynix's price. Additionally, you may evaluate how the addition of SK Hynix to your portfolios can decrease your overall portfolio volatility.
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