Song Hong (Vietnam) Performance
| ICG Stock | 6,900 400.00 6.15% |
The entity has a beta of -0.39, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Song Hong are expected to decrease at a much lower rate. During the bear market, Song Hong is likely to outperform the market. At this point, Song Hong Construction has a negative expected return of -0.1%. Please make sure to validate Song Hong's accumulation distribution, and the relationship between the value at risk and day typical price , to decide if Song Hong Construction 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 Song Hong Construction has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Stock's technical and fundamental indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the firm investors. ...more
Song |
Song Hong Relative Risk vs. Return Landscape
If you would invest 738,026 in Song Hong Construction on August 31, 2024 and sell it today you would lose (48,026) from holding Song Hong Construction or give up 6.51% of portfolio value over 90 days. Song Hong Construction is producing return of less than zero assuming 3.3373% volatility of returns over the 90 days investment horizon. Simply put, 29% of all stocks have less volatile historical return distribution than Song Hong, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Song Hong Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Song Hong's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Song Hong Construction, and traders can use it to determine the average amount a Song Hong'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 = -0.0303
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| Negative Returns | ICG |
Estimated Market Risk
| 3.34 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Song Hong 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 Song Hong by adding Song Hong to a well-diversified portfolio.
About Song Hong Performance
By examining Song Hong's fundamental ratios, stakeholders can obtain critical insights into Song Hong's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Song Hong is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Song Hong Construction performance evaluation
Checking the ongoing alerts about Song Hong for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Song Hong Construction help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Song Hong is not yet fully synchronised with the market data | |
| Song Hong generated a negative expected return over the last 90 days | |
| Song Hong has high historical volatility and very poor performance |
- Analyzing Song Hong'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 Song Hong's stock is overvalued or undervalued compared to its peers.
- Examining Song Hong'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 Song Hong's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Song Hong's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Song Hong's stock. These opinions can provide insight into Song Hong's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Song Stock
Song Hong financial ratios help investors to determine whether Song Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Song with respect to the benefits of owning Song Hong security.