Hankook Steel (Korea) Performance
| 025890 Stock | 2,155 10.00 0.47% |
On a scale of 0 to 100, Hankook Steel holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of 0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hankook Steel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hankook Steel is expected to be smaller as well. Please check Hankook Steel's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to make a quick decision on whether Hankook Steel's current trending patterns will revert.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Hankook Steel Co are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Hankook Steel sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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Hankook Steel Relative Risk vs. Return Landscape
If you would invest 197,100 in Hankook Steel Co on September 1, 2024 and sell it today you would earn a total of 18,400 from holding Hankook Steel Co or generate 9.34% return on investment over 90 days. Hankook Steel Co is generating 0.2275% of daily returns and assumes 4.1246% volatility on return distribution over the 90 days horizon. Simply put, 36% of stocks are less volatile than Hankook, and 96% 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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Hankook Steel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hankook Steel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hankook Steel Co, and traders can use it to determine the average amount a Hankook Steel'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 = 0.0552
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Estimated Market Risk
| 4.12 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Hankook Steel 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 Hankook Steel by adding it to a well-diversified portfolio.
About Hankook Steel Performance
By analyzing Hankook Steel's fundamental ratios, stakeholders can gain valuable insights into Hankook Steel's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Hankook Steel 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 Hankook Steel 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 Hankook Steel performance evaluation
Checking the ongoing alerts about Hankook Steel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hankook Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hankook Steel had very high historical volatility over the last 90 days |
- Analyzing Hankook Steel'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 Hankook Steel's stock is overvalued or undervalued compared to its peers.
- Examining Hankook Steel'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 Hankook Steel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hankook Steel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hankook Steel's stock. These opinions can provide insight into Hankook Steel's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Hankook Stock analysis
When running Hankook Steel's price analysis, check to measure Hankook Steel'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 Hankook Steel is operating at the current time. Most of Hankook Steel's value examination focuses on studying past and present price action to predict the probability of Hankook Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hankook Steel's price. Additionally, you may evaluate how the addition of Hankook Steel to your portfolios can decrease your overall portfolio volatility.
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