TOP Engineering (Korea) Performance
| 065130 Stock | KRW 4,365 425.00 10.79% |
TOP Engineering has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.68, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TOP Engineering's returns are expected to increase less than the market. However, during the bear market, the loss of holding TOP Engineering is expected to be smaller as well. TOP Engineering presently has a risk of 2.76%. Please validate TOP Engineering downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if TOP Engineering will be following its existing price patterns.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in TOP Engineering Co are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, TOP Engineering may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| Total Cashflows From Investing Activities | -28.7 B |
TOP |
TOP Engineering Relative Risk vs. Return Landscape
If you would invest 412,000 in TOP Engineering Co on September 13, 2024 and sell it today you would earn a total of 24,500 from holding TOP Engineering Co or generate 5.95% return on investment over 90 days. TOP Engineering Co is generating 0.1351% of daily returns and assumes 2.7604% volatility on return distribution over the 90 days horizon. Simply put, 24% of stocks are less volatile than TOP, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
TOP Engineering Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TOP Engineering's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as TOP Engineering Co, and traders can use it to determine the average amount a TOP Engineering'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 = 0.0489
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | 065130 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.76 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average TOP Engineering is performing at about 3% of its full potential. 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 TOP Engineering by adding it to a well-diversified portfolio.
TOP Engineering Fundamentals Growth
TOP Stock prices reflect investors' perceptions of the future prospects and financial health of TOP Engineering, and TOP Engineering 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 TOP Stock performance.
| Return On Equity | -3.06 | |||
| Return On Asset | -0.016 | |||
| Profit Margin | 0.0005 % | |||
| Operating Margin | (0.02) % | |||
| Current Valuation | 307.89 B | |||
| Shares Outstanding | 15.43 M | |||
| Price To Earning | 8.64 X | |||
| Price To Sales | 0.07 X | |||
| Revenue | 1.08 T | |||
| EBITDA | 23.94 B | |||
| Cash And Equivalents | 50.47 B | |||
| Total Debt | 28.61 B | |||
| Debt To Equity | 0.30 % | |||
| Cash Flow From Operations | 26.53 B | |||
| Total Asset | 629.5 B | |||
| Retained Earnings | 98.3 B | |||
| Current Asset | 80.64 B | |||
| Current Liabilities | 56.45 B | |||
About TOP Engineering Performance
By analyzing TOP Engineering's fundamental ratios, stakeholders can gain valuable insights into TOP Engineering's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if TOP Engineering 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 TOP Engineering has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
TOP Engineering Co., Ltd engages in developing, manufacturing, and selling LCDOLED, LED, camera module, and test equipment primarily in Korea, the rest of Asia, Europe, and North America. The company was founded in 1993 and is headquartered in Gumi, South Korea. TOP ENG is traded on Korean Securities Dealers Automated Quotations in South Korea.Things to note about TOP Engineering performance evaluation
Checking the ongoing alerts about TOP Engineering for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for TOP Engineering help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the revenue of 1.08 T. Net Loss for the year was (25.19 B) with profit before overhead, payroll, taxes, and interest of 69.22 B. | |
| About 25.0% of the company shares are owned by insiders or employees |
- Analyzing TOP Engineering'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 TOP Engineering's stock is overvalued or undervalued compared to its peers.
- Examining TOP Engineering'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 TOP Engineering's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TOP Engineering's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TOP Engineering's stock. These opinions can provide insight into TOP Engineering's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for TOP Stock analysis
When running TOP Engineering's price analysis, check to measure TOP Engineering'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 TOP Engineering is operating at the current time. Most of TOP Engineering's value examination focuses on studying past and present price action to predict the probability of TOP Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TOP Engineering's price. Additionally, you may evaluate how the addition of TOP Engineering to your portfolios can decrease your overall portfolio volatility.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |