Tae Kyung (Korea) Performance
| 006890 Stock | 10,950 60.00 0.55% |
The entity has a beta of -0.0119, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tae Kyung are expected to decrease at a much lower rate. During the bear market, Tae Kyung is likely to outperform the market. At this point, Tae Kyung Chemical has a negative expected return of -0.0879%. Please make sure to validate Tae Kyung's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Tae Kyung Chemical 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 Tae Kyung Chemical has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Tae Kyung is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Tae |
Tae Kyung Relative Risk vs. Return Landscape
If you would invest 1,167,000 in Tae Kyung Chemical on August 28, 2024 and sell it today you would lose (72,000) from holding Tae Kyung Chemical or give up 6.17% of portfolio value over 90 days. Tae Kyung Chemical is generating negative expected returns and assumes 2.1225% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than Tae, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Tae Kyung Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tae Kyung's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tae Kyung Chemical, and traders can use it to determine the average amount a Tae Kyung'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 = -0.0414
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| Negative Returns | 006890 |
Estimated Market Risk
| 2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tae Kyung 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 Tae Kyung by adding Tae Kyung to a well-diversified portfolio.
About Tae Kyung Performance
By analyzing Tae Kyung's fundamental ratios, stakeholders can gain valuable insights into Tae Kyung's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Tae Kyung 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 Tae Kyung 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 Tae Kyung Chemical performance evaluation
Checking the ongoing alerts about Tae Kyung for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tae Kyung Chemical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tae Kyung Chemical generated a negative expected return over the last 90 days |
- Analyzing Tae Kyung'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 Tae Kyung's stock is overvalued or undervalued compared to its peers.
- Examining Tae Kyung'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 Tae Kyung's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tae Kyung's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tae Kyung's stock. These opinions can provide insight into Tae Kyung's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Tae Stock analysis
When running Tae Kyung's price analysis, check to measure Tae Kyung'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 Tae Kyung is operating at the current time. Most of Tae Kyung's value examination focuses on studying past and present price action to predict the probability of Tae Kyung's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tae Kyung's price. Additionally, you may evaluate how the addition of Tae Kyung to your portfolios can decrease your overall portfolio volatility.
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