Homecast CoLtd (Korea) Performance
| 064240 Stock | KRW 2,120 15.00 0.71% |
The company retains a Market Volatility (i.e., Beta) of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Homecast CoLtd's returns are expected to increase less than the market. However, during the bear market, the loss of holding Homecast CoLtd is expected to be smaller as well. At this point, Homecast CoLtd has a negative expected return of -0.42%. Please make sure to check out Homecast CoLtd's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Homecast CoLtd 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 Homecast CoLtd 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 March 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Total Cashflows From Investing Activities | 6 B |
Homecast |
Homecast CoLtd Relative Risk vs. Return Landscape
If you would invest 269,500 in Homecast CoLtd on November 6, 2024 and sell it today you would lose (63,500) from holding Homecast CoLtd or give up 23.56% of portfolio value over 90 days. Homecast CoLtd is generating negative expected returns and assumes 3.1342% volatility on return distribution over the 90 days horizon. Simply put, 27% of stocks are less volatile than Homecast, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Homecast CoLtd Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Homecast CoLtd's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Homecast CoLtd, and traders can use it to determine the average amount a Homecast CoLtd'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 = -0.1348
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| Negative Returns | 064240 |
Estimated Market Risk
| 3.13 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Homecast CoLtd 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 Homecast CoLtd by adding Homecast CoLtd to a well-diversified portfolio.
Homecast CoLtd Fundamentals Growth
Homecast Stock prices reflect investors' perceptions of the future prospects and financial health of Homecast CoLtd, and Homecast CoLtd 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 Homecast Stock performance.
| Return On Equity | 5.47 | |||
| Return On Asset | -0.0362 | |||
| Profit Margin | (0.03) % | |||
| Operating Margin | (0.15) % | |||
| Current Valuation | 140.38 B | |||
| Shares Outstanding | 31.93 M | |||
| Price To Earning | 23.89 X | |||
| Price To Sales | 3.45 X | |||
| Revenue | 17.07 B | |||
| EBITDA | (3.84 B) | |||
| Cash And Equivalents | 16.17 B | |||
| Cash Per Share | 178.04 X | |||
| Total Debt | 16.16 M | |||
| Debt To Equity | 0.07 % | |||
| Cash Flow From Operations | (28.4 B) | |||
| Total Asset | 104.08 B | |||
| Retained Earnings | 30.88 B | |||
| Current Asset | 80.73 B | |||
| Current Liabilities | 24.98 B | |||
About Homecast CoLtd Performance
By analyzing Homecast CoLtd's fundamental ratios, stakeholders can gain valuable insights into Homecast CoLtd's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Homecast CoLtd 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 Homecast CoLtd has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
,Ltd. develops, manufactures, and sells digital set-top boxes in Korea and internationally. The company was founded in 2000 and is headquartered in Seoul, South Korea. Homecast is traded on Korean Securities Dealers Automated Quotations in South Korea.Things to note about Homecast CoLtd performance evaluation
Checking the ongoing alerts about Homecast CoLtd for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Homecast CoLtd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Homecast CoLtd generated a negative expected return over the last 90 days | |
| Homecast CoLtd has high historical volatility and very poor performance | |
| Homecast CoLtd has accumulated about 16.17 B in cash with (28.4 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 178.04. |
- Analyzing Homecast CoLtd'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 Homecast CoLtd's stock is overvalued or undervalued compared to its peers.
- Examining Homecast CoLtd'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 Homecast CoLtd's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Homecast CoLtd's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Homecast CoLtd's stock. These opinions can provide insight into Homecast CoLtd's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Homecast Stock analysis
When running Homecast CoLtd's price analysis, check to measure Homecast CoLtd'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 Homecast CoLtd is operating at the current time. Most of Homecast CoLtd's value examination focuses on studying past and present price action to predict the probability of Homecast CoLtd's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Homecast CoLtd's price. Additionally, you may evaluate how the addition of Homecast CoLtd to your portfolios can decrease your overall portfolio volatility.
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