Haesung Optics (Korea) Performance
| 076610 Stock | KRW 958.00 3.00 0.31% |
The company retains a Market Volatility (i.e., Beta) of 0.0231, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Haesung Optics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Haesung Optics is expected to be smaller as well. At this point, Haesung Optics has a negative expected return of -0.45%. Please make sure to check out Haesung Optics' standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if Haesung Optics performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Haesung Optics Co 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 December 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Total Cashflows From Investing Activities | 25.2 B |
Haesung |
Haesung Optics Relative Risk vs. Return Landscape
If you would invest 125,000 in Haesung Optics Co on August 30, 2024 and sell it today you would lose (29,200) from holding Haesung Optics Co or give up 23.36% of portfolio value over 90 days. Haesung Optics Co is generating negative expected returns and assumes 1.3694% volatility on return distribution over the 90 days horizon. Simply put, 12% of stocks are less volatile than Haesung, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Haesung Optics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Haesung Optics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Haesung Optics Co, and traders can use it to determine the average amount a Haesung Optics' 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 = -0.3274
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 076610 |
Estimated Market Risk
| 1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.45 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.33 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Haesung Optics 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 Haesung Optics by adding Haesung Optics to a well-diversified portfolio.
Haesung Optics Fundamentals Growth
Haesung Stock prices reflect investors' perceptions of the future prospects and financial health of Haesung Optics, and Haesung Optics 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 Haesung Stock performance.
| Return On Equity | 14.36 | |||
| Return On Asset | -0.17 | |||
| Profit Margin | (0.31) % | |||
| Operating Margin | (0.27) % | |||
| Current Valuation | 70.39 B | |||
| Shares Outstanding | 28.2 M | |||
| Price To Sales | 0.20 X | |||
| Revenue | 140.84 B | |||
| EBITDA | (26.11 B) | |||
| Cash And Equivalents | 22.08 B | |||
| Cash Per Share | 517.31 X | |||
| Total Debt | 121.72 M | |||
| Debt To Equity | 144.90 % | |||
| Cash Flow From Operations | (45.53 B) | |||
| Total Asset | 99.45 B | |||
| Retained Earnings | 27.9 B | |||
| Current Asset | 87.59 B | |||
| Current Liabilities | 101.38 B | |||
About Haesung Optics Performance
By analyzing Haesung Optics' fundamental ratios, stakeholders can gain valuable insights into Haesung Optics' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Haesung Optics 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 Haesung Optics has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Haesung Optics Co., Ltd. produces and sells lens in South Korea. Haesung Optics Co., Ltd. was founded in 1988 and is headquartered in Hwaseong, South Korea. Haesung Optics is traded on Korean Securities Dealers Automated Quotations in South Korea.Things to note about Haesung Optics performance evaluation
Checking the ongoing alerts about Haesung Optics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Haesung Optics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Haesung Optics generated a negative expected return over the last 90 days | |
| Haesung Optics has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Haesung Optics Co has accumulated 121.72 M in total debt with debt to equity ratio (D/E) of 144.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Haesung Optics has a current ratio of 0.57, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Haesung Optics until it has trouble settling it off, either with new capital or with free cash flow. So, Haesung Optics' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Haesung Optics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Haesung to invest in growth at high rates of return. When we think about Haesung Optics' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 140.84 B. Net Loss for the year was (38.07 B) with loss before overhead, payroll, taxes, and interest of (22.98 B). | |
| Haesung Optics Co has accumulated about 22.08 B in cash with (45.53 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 517.31. | |
| Roughly 12.0% of Haesung Optics shares are owned by insiders or employees |
- Analyzing Haesung Optics' 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 Haesung Optics' stock is overvalued or undervalued compared to its peers.
- Examining Haesung Optics' 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 Haesung Optics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Haesung Optics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Haesung Optics' stock. These opinions can provide insight into Haesung Optics' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Haesung Stock analysis
When running Haesung Optics' price analysis, check to measure Haesung Optics' 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 Haesung Optics is operating at the current time. Most of Haesung Optics' value examination focuses on studying past and present price action to predict the probability of Haesung Optics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Haesung Optics' price. Additionally, you may evaluate how the addition of Haesung Optics to your portfolios can decrease your overall portfolio volatility.
| Stocks Directory Find actively traded stocks across global markets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |