Tae Kwang (Korea) Performance
| 023160 Stock | KRW 17,120 290.00 1.72% |
On a scale of 0 to 100, Tae Kwang holds a performance score of 9. The entity has a beta of 0.95, which indicates possible diversification benefits within a given portfolio. Tae Kwang returns are very sensitive to returns on the market. As the market goes up or down, Tae Kwang is expected to follow. Please check Tae Kwang's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Tae Kwang's existing price patterns will revert.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Tae Kwang are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Tae Kwang sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
| Quick Ratio | 4.11 | |
| Fifty Two Week Low | 11,550.00 | |
| Fifty Two Week High | 13,900.00 |
Tae |
Tae Kwang Relative Risk vs. Return Landscape
If you would invest 1,433,000 in Tae Kwang on August 31, 2024 and sell it today you would earn a total of 279,000 from holding Tae Kwang or generate 19.47% return on investment over 90 days. Tae Kwang is generating 0.3415% of daily returns and assumes 2.8522% volatility on return distribution over the 90 days horizon. Simply put, 25% of stocks are less volatile than Tae, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Tae Kwang Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tae Kwang's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tae Kwang, and traders can use it to determine the average amount a Tae Kwang'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 = 0.1197
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 023160 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.85 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Tae Kwang is performing at about 9% 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 Tae Kwang by adding it to a well-diversified portfolio.
Tae Kwang Fundamentals Growth
Tae Stock prices reflect investors' perceptions of the future prospects and financial health of Tae Kwang, and Tae Kwang 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 Tae Stock performance.
| Return On Equity | -0.69 | |||
| Return On Asset | -0.2 | |||
| Profit Margin | (2.02) % | |||
| Operating Margin | (0.81) % | |||
| Current Valuation | 247.12 B | |||
| Shares Outstanding | 25.87 M | |||
| Price To Earning | 7.15 X | |||
| Price To Book | 0.59 X | |||
| Price To Sales | 1.61 X | |||
| Revenue | 186.95 B | |||
| EBITDA | 5.54 B | |||
| Cash And Equivalents | 49.97 B | |||
| Total Debt | 9.32 B | |||
| Debt To Equity | 0.02 % | |||
| Cash Flow From Operations | 44.27 B | |||
| Total Asset | 467 B | |||
| Retained Earnings | 370.69 B | |||
| Current Asset | 314.88 B | |||
| Current Liabilities | 41.82 B | |||
About Tae Kwang Performance
By analyzing Tae Kwang's fundamental ratios, stakeholders can gain valuable insights into Tae Kwang's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Tae Kwang 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 Kwang has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Tae Kwang Corporation manufactures, supplies, and sells butt weld pipe fittings for oil and gas, chemical and petrochemical, power plant, and shipbuilding businesses in Korea and internationally. Tae Kwang Corporation was founded in 1965 and is headquartered in Busan, South Korea. TKCORP is traded on Korean Securities Dealers Automated Quotations in South Korea.Things to note about Tae Kwang performance evaluation
Checking the ongoing alerts about Tae Kwang for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tae Kwang help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the revenue of 186.95 B. Net Loss for the year was (3.77 B) with profit before overhead, payroll, taxes, and interest of 18.98 B. | |
| About 46.0% of the company shares are owned by insiders or employees |
- Analyzing Tae Kwang'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 Kwang's stock is overvalued or undervalued compared to its peers.
- Examining Tae Kwang'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 Kwang's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tae Kwang's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tae Kwang's stock. These opinions can provide insight into Tae Kwang's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Tae Stock analysis
When running Tae Kwang's price analysis, check to measure Tae Kwang'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 Kwang is operating at the current time. Most of Tae Kwang's value examination focuses on studying past and present price action to predict the probability of Tae Kwang'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 Kwang's price. Additionally, you may evaluate how the addition of Tae Kwang to your portfolios can decrease your overall portfolio volatility.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |