Wing Yip Food Stock Today
WYHG Stock | 4.45 0.31 7.49% |
Performance32 of 100
| Odds Of DistressLess than 9
|
Wing Yip is trading at 4.45 as of the 3rd of December 2024. This is a 7.49 percent up since the beginning of the trading day. The stock's lowest day price was 4.04. Wing Yip has less than a 9 % chance of experiencing financial distress in the next few years and had a very strong performance during the last 90 days. Equity ratings for Wing Yip Food are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of November 2024 and ending today, the 3rd of December 2024. Click here to learn more.
IPO Date 26th of November 2024 |
Wing Yip is entity of United States. It is traded as Stock on NASDAQ exchange. More on Wing Yip Food
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Wing Stock Highlights
CEO Director | Tingfeng Wang |
Thematic Ideas | (View all Themes) |
Business Concentration | Food Products, Packaged Foods, Consumer Defensive, Natural Foods, Processed Foods, Packaged Foods, Consumer Defensive (View all Sectors) |
Wing Yip Food (WYHG) is traded on NASDAQ Exchange in USA. It is located in No.9, Guanxian North Road, Zhongshan City, China, 528429 and employs 2 people. Wing Yip is listed under Food Products category by Fama And French industry classification. The company conducts business under Consumer Defensive sector and is part of Packaged Foods industry.
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Wing Yip Food Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Wing Yip market risk premium is the additional return an investor will receive from holding Wing Yip long position in a well-diversified portfolio.
Risk Adjusted Performance | (0.08) | |||
Jensen Alpha | (0.42) | |||
Total Risk Alpha | (1.00) | |||
Treynor Ratio | 4.65 |
Wing Stock Against Markets
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The danger of trading Wing Yip Food is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wing Yip is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wing Yip. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wing Yip Food is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Wing Yip Food is a strong investment it is important to analyze Wing Yip's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wing Yip's future performance. For an informed investment choice regarding Wing Stock, refer to the following important reports: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wing Yip Food. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Food Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wing Yip. If investors know Wing will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wing Yip listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Wing Yip Food is measured differently than its book value, which is the value of Wing that is recorded on the company's balance sheet. Investors also form their own opinion of Wing Yip's value that differs from its market value or its book value, called intrinsic value, which is Wing Yip's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wing Yip's market value can be influenced by many factors that don't directly affect Wing Yip's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wing Yip's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wing Yip is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wing Yip's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.