Song Hong (Vietnam) Performance
| ICG Stock | 7,400 300.00 3.90% |
Song Hong has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -0.0514, which indicates not very significant fluctuations relative to the market. 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. Song Hong Construction right now has a risk of 3.6%. Please validate Song Hong potential upside, and the relationship between the sortino ratio and skewness , to decide if Song Hong will be following its existing price patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Song Hong Construction are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy technical and fundamental indicators, Song Hong is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Song |
Song Hong Relative Risk vs. Return Landscape
If you would invest 728,684 in Song Hong Construction on September 17, 2024 and sell it today you would earn a total of 11,316 from holding Song Hong Construction or generate 1.55% return on investment over 90 days. Song Hong Construction is generating 0.0965% of daily returns assuming 3.5969% volatility of returns over the 90 days investment horizon. Simply put, 32% 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 = 0.0268
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| Cash | Small Risk | Average Risk | ICG | Huge Risk |
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Estimated Market Risk
| 3.6 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Song Hong is performing at about 2% 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 Song Hong by adding it 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 had very high historical volatility over the last 90 days |
- 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.