Korea Refractories (Korea) Performance
| 010040 Stock | 2,130 15.00 0.70% |
The company secures a Beta (Market Risk) of 0.0533, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Korea Refractories' returns are expected to increase less than the market. However, during the bear market, the loss of holding Korea Refractories is expected to be smaller as well. Korea Refractories right now secures a risk of 1.41%. Please verify Korea Refractories Co jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Korea Refractories Co will be following its current price movements.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Korea Refractories Co has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Korea Refractories is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Korea |
Korea Refractories Relative Risk vs. Return Landscape
If you would invest 213,500 in Korea Refractories Co on November 27, 2024 and sell it today you would lose (500.00) from holding Korea Refractories Co or give up 0.23% of portfolio value over 90 days. Korea Refractories Co is generating 0.0057% of daily returns and assumes 1.4087% volatility on return distribution over the 90 days horizon. Simply put, 12% of stocks are less volatile than Korea, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Korea Refractories Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Korea Refractories' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Korea Refractories Co, and traders can use it to determine the average amount a Korea Refractories' 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 = 0.004
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 010040 |
Estimated Market Risk
| 1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Korea Refractories 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 Korea Refractories by adding Korea Refractories to a well-diversified portfolio.
About Korea Refractories Performance
By analyzing Korea Refractories' fundamental ratios, stakeholders can gain valuable insights into Korea Refractories' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Korea Refractories 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 Korea Refractories 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 Korea Refractories performance evaluation
Checking the ongoing alerts about Korea Refractories for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Korea Refractories help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Korea Refractories' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Korea Refractories' stock performance include:- Analyzing Korea Refractories' 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 Korea Refractories' stock is overvalued or undervalued compared to its peers.
- Examining Korea Refractories' 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 Korea Refractories' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Korea Refractories' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Korea Refractories' stock. These opinions can provide insight into Korea Refractories' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Korea Stock analysis
When running Korea Refractories' price analysis, check to measure Korea Refractories' 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 Korea Refractories is operating at the current time. Most of Korea Refractories' value examination focuses on studying past and present price action to predict the probability of Korea Refractories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Korea Refractories' price. Additionally, you may evaluate how the addition of Korea Refractories to your portfolios can decrease your overall portfolio volatility.
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