Dong A (Korea) Performance
| 058730 Stock | 3,400 30.00 0.87% |
Dong A has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.24, which means not very significant fluctuations relative to the market. As returns on the market increase, Dong A's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dong A is expected to be smaller as well. Dong A Steel right now shows a risk of 3.17%. Please confirm Dong A Steel coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Dong A Steel will be following its price patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Dong A Steel Technology are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Dong A is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Dong |
Dong A Relative Risk vs. Return Landscape
If you would invest 331,500 in Dong A Steel Technology on September 3, 2024 and sell it today you would earn a total of 8,500 from holding Dong A Steel Technology or generate 2.56% return on investment over 90 days. Dong A Steel Technology is generating 0.0914% of daily returns and assumes 3.1689% volatility on return distribution over the 90 days horizon. Simply put, 28% of stocks are less volatile than Dong, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Dong A Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dong A's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Dong A Steel Technology, and traders can use it to determine the average amount a Dong A'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 = 0.0288
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | 058730 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.17 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.09 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 Dong A 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 Dong A by adding it to a well-diversified portfolio.
About Dong A Performance
By analyzing Dong A's fundamental ratios, stakeholders can gain valuable insights into Dong A's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Dong A 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 Dong A 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 Dong A Steel performance evaluation
Checking the ongoing alerts about Dong A for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Dong A Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Dong A Steel had very high historical volatility over the last 90 days |
- Analyzing Dong A'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 Dong A's stock is overvalued or undervalued compared to its peers.
- Examining Dong A'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 Dong A's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Dong A's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Dong A's stock. These opinions can provide insight into Dong A's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Dong Stock analysis
When running Dong A's price analysis, check to measure Dong A'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 Dong A is operating at the current time. Most of Dong A's value examination focuses on studying past and present price action to predict the probability of Dong A's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dong A's price. Additionally, you may evaluate how the addition of Dong A to your portfolios can decrease your overall portfolio volatility.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Commodity Directory Find actively traded commodities issued by global exchanges |