Hwangkum Steel (Korea) Performance
| 032560 Stock | 5,030 30.00 0.59% |
The company retains a Market Volatility (i.e., Beta) of -0.0125, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hwangkum Steel are expected to decrease at a much lower rate. During the bear market, Hwangkum Steel is likely to outperform the market. At this point, Hwangkum Steel Technology has a negative expected return of -0.18%. Please make sure to check out Hwangkum Steel's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Hwangkum Steel Technology 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 Hwangkum Steel Technology has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
Hwangkum |
Hwangkum Steel Relative Risk vs. Return Landscape
If you would invest 562,000 in Hwangkum Steel Technology on August 28, 2024 and sell it today you would lose (59,000) from holding Hwangkum Steel Technology or give up 10.5% of portfolio value over 90 days. Hwangkum Steel Technology is generating negative expected returns and assumes 1.2106% volatility on return distribution over the 90 days horizon. Simply put, 10% of stocks are less volatile than Hwangkum, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hwangkum Steel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hwangkum Steel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hwangkum Steel Technology, and traders can use it to determine the average amount a Hwangkum 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 = -0.1519
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| Negative Returns | 032560 |
Estimated Market Risk
| 1.21 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hwangkum 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 Hwangkum Steel by adding Hwangkum Steel to a well-diversified portfolio.
About Hwangkum Steel Performance
By analyzing Hwangkum Steel's fundamental ratios, stakeholders can gain valuable insights into Hwangkum Steel's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Hwangkum 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 Hwangkum 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 Hwangkum Steel Technology performance evaluation
Checking the ongoing alerts about Hwangkum Steel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hwangkum Steel Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hwangkum Steel generated a negative expected return over the last 90 days |
- Analyzing Hwangkum 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 Hwangkum Steel's stock is overvalued or undervalued compared to its peers.
- Examining Hwangkum 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 Hwangkum Steel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hwangkum Steel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hwangkum Steel's stock. These opinions can provide insight into Hwangkum Steel's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Hwangkum Stock analysis
When running Hwangkum Steel's price analysis, check to measure Hwangkum 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 Hwangkum Steel is operating at the current time. Most of Hwangkum Steel's value examination focuses on studying past and present price action to predict the probability of Hwangkum 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 Hwangkum Steel's price. Additionally, you may evaluate how the addition of Hwangkum Steel to your portfolios can decrease your overall portfolio volatility.
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