Iljin Materials (Korea) Performance
| 020150 Stock | 25,950 1,050 3.89% |
The company retains a Market Volatility (i.e., Beta) of -0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Iljin Materials are expected to decrease at a much lower rate. During the bear market, Iljin Materials is likely to outperform the market. At this point, Iljin Materials has a negative expected return of -0.64%. Please make sure to check out Iljin Materials' mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Iljin Materials 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 Iljin Materials Co has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
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Iljin Materials Relative Risk vs. Return Landscape
If you would invest 3,895,000 in Iljin Materials Co on August 29, 2024 and sell it today you would lose (1,300,000) from holding Iljin Materials Co or give up 33.38% of portfolio value over 90 days. Iljin Materials Co is generating negative expected returns and assumes 3.2936% volatility on return distribution over the 90 days horizon. Simply put, 29% of stocks are less volatile than Iljin, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Iljin Materials Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Iljin Materials' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Iljin Materials Co, and traders can use it to determine the average amount a Iljin Materials' 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 = -0.1956
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| Negative Returns | 020150 |
Estimated Market Risk
| 3.29 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.64 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Iljin Materials 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 Iljin Materials by adding Iljin Materials to a well-diversified portfolio.
Things to note about Iljin Materials performance evaluation
Checking the ongoing alerts about Iljin Materials for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Iljin Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Iljin Materials generated a negative expected return over the last 90 days | |
| Iljin Materials has high historical volatility and very poor performance |
- Analyzing Iljin Materials' 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 Iljin Materials' stock is overvalued or undervalued compared to its peers.
- Examining Iljin Materials' 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 Iljin Materials' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Iljin Materials' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Iljin Materials' stock. These opinions can provide insight into Iljin Materials' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Iljin Stock analysis
When running Iljin Materials' price analysis, check to measure Iljin Materials' 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 Iljin Materials is operating at the current time. Most of Iljin Materials' value examination focuses on studying past and present price action to predict the probability of Iljin Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iljin Materials' price. Additionally, you may evaluate how the addition of Iljin Materials to your portfolios can decrease your overall portfolio volatility.
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