Hanwha Chemical (Korea) Performance
| 009830 Stock | 16,850 90.00 0.54% |
The company retains a Market Volatility (i.e., Beta) of -0.85, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Hanwha Chemical are expected to decrease at a much lower rate. During the bear market, Hanwha Chemical is likely to outperform the market. At this point, Hanwha Chemical Corp has a negative expected return of -0.52%. Please make sure to check out Hanwha Chemical's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Hanwha Chemical Corp 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 Hanwha Chemical Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
Hanwha |
Hanwha Chemical Relative Risk vs. Return Landscape
If you would invest 2,385,000 in Hanwha Chemical Corp on September 15, 2024 and sell it today you would lose (700,000) from holding Hanwha Chemical Corp or give up 29.35% of portfolio value over 90 days. Hanwha Chemical Corp is generating negative expected returns and assumes 3.6747% volatility on return distribution over the 90 days horizon. Simply put, 32% of stocks are less volatile than Hanwha, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hanwha Chemical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hanwha Chemical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hanwha Chemical Corp, and traders can use it to determine the average amount a Hanwha Chemical'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 = -0.1419
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| Negative Returns | 009830 |
Estimated Market Risk
| 3.67 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.52 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hanwha Chemical 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 Hanwha Chemical by adding Hanwha Chemical to a well-diversified portfolio.
About Hanwha Chemical Performance
By analyzing Hanwha Chemical's fundamental ratios, stakeholders can gain valuable insights into Hanwha Chemical's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Hanwha Chemical 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 Hanwha Chemical has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Hanwha Chemical Corp performance evaluation
Checking the ongoing alerts about Hanwha Chemical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hanwha Chemical Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hanwha Chemical Corp generated a negative expected return over the last 90 days | |
| Hanwha Chemical Corp has high historical volatility and very poor performance |
- Analyzing Hanwha Chemical'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 Hanwha Chemical's stock is overvalued or undervalued compared to its peers.
- Examining Hanwha Chemical'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 Hanwha Chemical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hanwha Chemical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hanwha Chemical's stock. These opinions can provide insight into Hanwha Chemical's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Hanwha Stock analysis
When running Hanwha Chemical's price analysis, check to measure Hanwha Chemical'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 Hanwha Chemical is operating at the current time. Most of Hanwha Chemical's value examination focuses on studying past and present price action to predict the probability of Hanwha Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanwha Chemical's price. Additionally, you may evaluate how the addition of Hanwha Chemical to your portfolios can decrease your overall portfolio volatility.
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