Kakao Games (Korea) Performance
| 293490 Stock | 16,450 420.00 2.62% |
The company secures a Beta (Market Risk) of -0.96, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Kakao Games are expected to decrease slowly. On the other hand, during market turmoil, Kakao Games is expected to outperform it slightly. At this point, Kakao Games Corp has a negative expected return of -0.19%. Please make sure to verify Kakao Games' standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Kakao Games Corp 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 Kakao Games Corp 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
Kakao |
Kakao Games Relative Risk vs. Return Landscape
If you would invest 1,874,000 in Kakao Games Corp on August 25, 2024 and sell it today you would lose (229,000) from holding Kakao Games Corp or give up 12.22% of portfolio value over 90 days. Kakao Games Corp is generating negative expected returns and assumes 2.4354% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than Kakao, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Kakao Games Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kakao Games' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Kakao Games Corp, and traders can use it to determine the average amount a Kakao Games' 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 = -0.0787
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| Negative Returns | 293490 |
Estimated Market Risk
| 2.44 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kakao Games 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 Kakao Games by adding Kakao Games to a well-diversified portfolio.
About Kakao Games Performance
By analyzing Kakao Games' fundamental ratios, stakeholders can gain valuable insights into Kakao Games' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Kakao Games 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 Kakao Games 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 Kakao Games Corp performance evaluation
Checking the ongoing alerts about Kakao Games for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Kakao Games Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Kakao Games Corp generated a negative expected return over the last 90 days |
- Analyzing Kakao Games' 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 Kakao Games' stock is overvalued or undervalued compared to its peers.
- Examining Kakao Games' 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 Kakao Games' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Kakao Games' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Kakao Games' stock. These opinions can provide insight into Kakao Games' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Kakao Stock analysis
When running Kakao Games' price analysis, check to measure Kakao Games' 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 Kakao Games is operating at the current time. Most of Kakao Games' value examination focuses on studying past and present price action to predict the probability of Kakao Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kakao Games' price. Additionally, you may evaluate how the addition of Kakao Games to your portfolios can decrease your overall portfolio volatility.
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