Shin Steel (Korea) Performance
| 162300 Stock | 2,430 45.00 1.89% |
The entity has a beta of 0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Shin Steel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shin Steel is expected to be smaller as well. At this point, Shin Steel has a negative expected return of -0.13%. Please make sure to validate Shin Steel's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Shin Steel performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Shin Steel Co 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
Shin |
Shin Steel Relative Risk vs. Return Landscape
If you would invest 267,000 in Shin Steel Co on August 27, 2024 and sell it today you would lose (24,000) from holding Shin Steel Co or give up 8.99% of portfolio value over 90 days. Shin Steel Co is generating negative expected returns and assumes 2.5811% volatility on return distribution over the 90 days horizon. Simply put, 22% of stocks are less volatile than Shin, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Shin Steel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shin Steel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Shin Steel Co, and traders can use it to determine the average amount a Shin 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 = -0.0491
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| Negative Returns | 162300 |
Estimated Market Risk
| 2.58 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shin 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 Shin Steel by adding Shin Steel to a well-diversified portfolio.
About Shin Steel Performance
By analyzing Shin Steel's fundamental ratios, stakeholders can gain valuable insights into Shin Steel's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Shin 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 Shin 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 Shin Steel performance evaluation
Checking the ongoing alerts about Shin Steel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Shin Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Shin Steel generated a negative expected return over the last 90 days |
- Analyzing Shin 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 Shin Steel's stock is overvalued or undervalued compared to its peers.
- Examining Shin 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 Shin Steel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Shin Steel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Shin Steel's stock. These opinions can provide insight into Shin Steel's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Shin Stock analysis
When running Shin Steel's price analysis, check to measure Shin 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 Shin Steel is operating at the current time. Most of Shin Steel's value examination focuses on studying past and present price action to predict the probability of Shin 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 Shin Steel's price. Additionally, you may evaluate how the addition of Shin Steel to your portfolios can decrease your overall portfolio volatility.
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