Mirae Asset (Korea) Performance
| 006800 Stock | 9,000 230.00 2.62% |
Mirae Asset has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.39, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Mirae Asset are expected to decrease at a much lower rate. During the bear market, Mirae Asset is likely to outperform the market. Mirae Asset Daewoo right now secures a risk of 2.04%. Please verify Mirae Asset Daewoo jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Mirae Asset Daewoo will be following its current price movements.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Mirae Asset Daewoo are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Mirae Asset may actually be approaching a critical reversion point that can send shares even higher in March 2025. ...more
| Begin Period Cash Flow | 1.7 T | |
| Total Cashflows From Investing Activities | -2.3 T |
Mirae |
Mirae Asset Relative Risk vs. Return Landscape
If you would invest 854,000 in Mirae Asset Daewoo on November 28, 2024 and sell it today you would earn a total of 46,000 from holding Mirae Asset Daewoo or generate 5.39% return on investment over 90 days. Mirae Asset Daewoo is generating 0.1109% of daily returns and assumes 2.0402% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than Mirae, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Mirae Asset Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mirae Asset's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Mirae Asset Daewoo, and traders can use it to determine the average amount a Mirae Asset'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 = 0.0544
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| Cash | Small Risk | 006800 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Mirae Asset is performing at about 4% of its full potential. 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 Mirae Asset by adding it to a well-diversified portfolio.
Mirae Asset Fundamentals Growth
Mirae Stock prices reflect investors' perceptions of the future prospects and financial health of Mirae Asset, and Mirae Asset 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 Mirae Stock performance.
| Return On Equity | 0.07 | |||
| Return On Asset | 0.0067 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.28 % | |||
| Current Valuation | 17.27 T | |||
| Shares Outstanding | 469.15 M | |||
| Price To Book | 0.40 X | |||
| Price To Sales | 0.21 X | |||
| Revenue | 3.28 T | |||
| Cash Flow From Operations | (1.24 T) | |||
| Earnings Per Share | 304.00 X | |||
| Total Asset | 108.64 T | |||
About Mirae Asset Performance
By analyzing Mirae Asset's fundamental ratios, stakeholders can gain valuable insights into Mirae Asset's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Mirae Asset 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 Mirae Asset 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 Mirae Asset Daewoo performance evaluation
Checking the ongoing alerts about Mirae Asset for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Mirae Asset Daewoo help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mirae Asset generates negative cash flow from operations |
- Analyzing Mirae Asset'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 Mirae Asset's stock is overvalued or undervalued compared to its peers.
- Examining Mirae Asset'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 Mirae Asset's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mirae Asset's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mirae Asset's stock. These opinions can provide insight into Mirae Asset's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Mirae Stock analysis
When running Mirae Asset's price analysis, check to measure Mirae Asset'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 Mirae Asset is operating at the current time. Most of Mirae Asset's value examination focuses on studying past and present price action to predict the probability of Mirae Asset's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirae Asset's price. Additionally, you may evaluate how the addition of Mirae Asset to your portfolios can decrease your overall portfolio volatility.
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