Tongyang (Korea) Performance
| 001525 Stock | 4,205 40.00 0.94% |
The entity has a beta of -1.2, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Tongyang are expected to decrease by larger amounts. On the other hand, during market turmoil, Tongyang is expected to outperform it. At this point, Tongyang has a negative expected return of -0.0436%. Please make sure to validate Tongyang's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Tongyang performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Tongyang has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Tongyang is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Tongyang |
Tongyang Relative Risk vs. Return Landscape
If you would invest 455,000 in Tongyang on August 30, 2024 and sell it today you would lose (34,500) from holding Tongyang or give up 7.58% of portfolio value over 90 days. Tongyang is generating negative expected returns and assumes 4.3677% volatility on return distribution over the 90 days horizon. Simply put, 38% of stocks are less volatile than Tongyang, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Tongyang Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tongyang's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tongyang, and traders can use it to determine the average amount a Tongyang'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 = -0.01
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| Negative Returns | 001525 |
Estimated Market Risk
| 4.37 actual daily | 38 62% 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 Tongyang 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 Tongyang by adding Tongyang to a well-diversified portfolio.
Things to note about Tongyang performance evaluation
Checking the ongoing alerts about Tongyang for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tongyang help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tongyang generated a negative expected return over the last 90 days | |
| Tongyang has high historical volatility and very poor performance |
- Analyzing Tongyang'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 Tongyang's stock is overvalued or undervalued compared to its peers.
- Examining Tongyang'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 Tongyang's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tongyang's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tongyang's stock. These opinions can provide insight into Tongyang's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Tongyang Stock analysis
When running Tongyang's price analysis, check to measure Tongyang'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 Tongyang is operating at the current time. Most of Tongyang's value examination focuses on studying past and present price action to predict the probability of Tongyang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tongyang's price. Additionally, you may evaluate how the addition of Tongyang to your portfolios can decrease your overall portfolio volatility.
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