BooKook Steel (Korea) Performance
| 026940 Stock | 2,435 10.00 0.41% |
The firm shows a Beta (market volatility) of 0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BooKook Steel's returns are expected to increase less than the market. However, during the bear market, the loss of holding BooKook Steel is expected to be smaller as well. At this point, BooKook Steel has a negative expected return of -0.0595%. Please make sure to confirm BooKook Steel's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if BooKook Steel 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 BooKook Steel Co has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, BooKook Steel is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
BooKook |
BooKook Steel Relative Risk vs. Return Landscape
If you would invest 253,500 in BooKook Steel Co on August 31, 2024 and sell it today you would lose (10,000) from holding BooKook Steel Co or give up 3.94% of portfolio value over 90 days. BooKook Steel Co is generating negative expected returns and assumes 1.4108% volatility on return distribution over the 90 days horizon. Simply put, 12% of stocks are less volatile than BooKook, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
BooKook Steel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BooKook Steel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as BooKook Steel Co, and traders can use it to determine the average amount a BooKook 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 = -0.0422
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| Negative Returns | 026940 |
Estimated Market Risk
| 1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.06 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 BooKook Steel 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 BooKook Steel by adding BooKook Steel to a well-diversified portfolio.
About BooKook Steel Performance
By analyzing BooKook Steel's fundamental ratios, stakeholders can gain valuable insights into BooKook Steel's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if BooKook 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 BooKook 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 BooKook Steel performance evaluation
Checking the ongoing alerts about BooKook Steel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for BooKook Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| BooKook Steel generated a negative expected return over the last 90 days |
- Analyzing BooKook 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 BooKook Steel's stock is overvalued or undervalued compared to its peers.
- Examining BooKook 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 BooKook Steel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of BooKook Steel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of BooKook Steel's stock. These opinions can provide insight into BooKook Steel's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for BooKook Stock analysis
When running BooKook Steel's price analysis, check to measure BooKook 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 BooKook Steel is operating at the current time. Most of BooKook Steel's value examination focuses on studying past and present price action to predict the probability of BooKook 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 BooKook Steel's price. Additionally, you may evaluate how the addition of BooKook Steel to your portfolios can decrease your overall portfolio volatility.
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