Mirae Asset (Korea) Performance
| 00680K Stock | 3,880 105.00 2.63% |
The company secures a Beta (Market Risk) of -0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mirae Asset are expected to decrease at a much lower rate. During the bear market, Mirae Asset is likely to outperform the market. At this point, Mirae Asset Daewoo has a negative expected return of -0.0269%. Please make sure to verify Mirae Asset's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Mirae Asset Daewoo 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 Mirae Asset Daewoo has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Mirae Asset is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Mirae |
Mirae Asset Relative Risk vs. Return Landscape
If you would invest 397,000 in Mirae Asset Daewoo on September 23, 2024 and sell it today you would lose (9,000) from holding Mirae Asset Daewoo or give up 2.27% of portfolio value over 90 days. Mirae Asset Daewoo is generating negative expected returns and assumes 1.3975% volatility on return distribution over the 90 days horizon. Simply put, 12% of stocks are less volatile than Mirae, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Mirae Asset Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mirae Asset's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Mirae Asset Daewoo, and traders can use it to determine the average amount a Mirae Asset'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 = -0.0192
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| Negative Returns | 00680K |
Estimated Market Risk
| 1.4 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mirae Asset 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 Mirae Asset by adding Mirae Asset to a well-diversified portfolio.
Things to note about Mirae Asset Daewoo performance evaluation
Checking the ongoing alerts about Mirae Asset for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Mirae Asset Daewoo help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mirae Asset Daewoo generated a negative expected return over the last 90 days |
- Analyzing Mirae Asset'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 Mirae Asset's stock is overvalued or undervalued compared to its peers.
- Examining Mirae Asset'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 Mirae Asset's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mirae Asset's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mirae Asset's stock. These opinions can provide insight into Mirae Asset's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Mirae Stock analysis
When running Mirae Asset's price analysis, check to measure Mirae Asset'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 Mirae Asset is operating at the current time. Most of Mirae Asset's value examination focuses on studying past and present price action to predict the probability of Mirae Asset's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirae Asset's price. Additionally, you may evaluate how the addition of Mirae Asset to your portfolios can decrease your overall portfolio volatility.
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