Formetal (Korea) Performance
| 119500 Stock | KRW 2,780 10.00 0.36% |
The firm shows a Beta (market volatility) of -0.34, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Formetal are expected to decrease at a much lower rate. During the bear market, Formetal is likely to outperform the market. At this point, Formetal has a negative expected return of -0.024%. Please make sure to confirm Formetal's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Formetal 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 Formetal Co has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Formetal is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Total Cashflows From Investing Activities | -1.4 B |
Formetal |
Formetal Relative Risk vs. Return Landscape
If you would invest 284,000 in Formetal Co on August 24, 2024 and sell it today you would lose (6,000) from holding Formetal Co or give up 2.11% of portfolio value over 90 days. Formetal Co is generating negative expected returns and assumes 1.5765% volatility on return distribution over the 90 days horizon. Simply put, 14% of stocks are less volatile than Formetal, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Formetal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Formetal's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Formetal Co, and traders can use it to determine the average amount a Formetal'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 = -0.0153
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| Negative Returns | 119500 |
Estimated Market Risk
| 1.58 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Formetal 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 Formetal by adding Formetal to a well-diversified portfolio.
Formetal Fundamentals Growth
Formetal Stock prices reflect investors' perceptions of the future prospects and financial health of Formetal, and Formetal 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 Formetal Stock performance.
| Return On Equity | 3.15 | |||
| Return On Asset | 0.0192 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 65.99 B | |||
| Shares Outstanding | 11.62 M | |||
| Price To Sales | 0.74 X | |||
| Revenue | 62.09 B | |||
| EBITDA | 4.33 B | |||
| Cash And Equivalents | 1.52 B | |||
| Cash Per Share | 241.63 X | |||
| Total Debt | 2.59 B | |||
| Debt To Equity | 21.90 % | |||
| Cash Flow From Operations | 803.21 M | |||
| Total Asset | 64.48 B | |||
About Formetal Performance
By analyzing Formetal's fundamental ratios, stakeholders can gain valuable insights into Formetal's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Formetal 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 Formetal has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Formetal Co., Ltd. operates as a metal forging company in Korea. Formetal Co., Ltd. was founded in 1969 and is based in Seosan, South Korea. FORMETAL is traded on Korean Securities Dealers Automated Quotations in South Korea.Things to note about Formetal performance evaluation
Checking the ongoing alerts about Formetal for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Formetal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Formetal generated a negative expected return over the last 90 days | |
| About 33.0% of the company shares are owned by insiders or employees |
- Analyzing Formetal'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 Formetal's stock is overvalued or undervalued compared to its peers.
- Examining Formetal'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 Formetal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Formetal's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Formetal's stock. These opinions can provide insight into Formetal's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Formetal Stock analysis
When running Formetal's price analysis, check to measure Formetal'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 Formetal is operating at the current time. Most of Formetal's value examination focuses on studying past and present price action to predict the probability of Formetal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formetal's price. Additionally, you may evaluate how the addition of Formetal to your portfolios can decrease your overall portfolio volatility.
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