Wave Electronics (Korea) Performance
| 095270 Stock | KRW 3,990 40.00 1.01% |
The firm maintains a market beta of -0.47, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Wave Electronics are expected to decrease at a much lower rate. During the bear market, Wave Electronics is likely to outperform the market. At this point, Wave Electronics has a negative expected return of -0.35%. Please make sure to check out Wave Electronics' total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Wave Electronics 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 Wave Electronics Co 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
| Total Cashflows From Investing Activities | 72.5 B |
Wave |
Wave Electronics Relative Risk vs. Return Landscape
If you would invest 503,000 in Wave Electronics Co on September 3, 2024 and sell it today you would lose (104,000) from holding Wave Electronics Co or give up 20.68% of portfolio value over 90 days. Wave Electronics Co is generating negative expected returns and assumes 2.874% volatility on return distribution over the 90 days horizon. Simply put, 25% of stocks are less volatile than Wave, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Wave Electronics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wave Electronics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Wave Electronics Co, and traders can use it to determine the average amount a Wave Electronics' 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 = -0.1223
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| Negative Returns | 095270 |
Estimated Market Risk
| 2.87 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wave Electronics 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 Wave Electronics by adding Wave Electronics to a well-diversified portfolio.
Wave Electronics Fundamentals Growth
Wave Stock prices reflect investors' perceptions of the future prospects and financial health of Wave Electronics, and Wave Electronics 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 Wave Stock performance.
| Return On Equity | 1.6 | |||
| Return On Asset | -0.1 | |||
| Profit Margin | 1.12 % | |||
| Operating Margin | (0.42) % | |||
| Current Valuation | 97.74 B | |||
| Shares Outstanding | 10.3 M | |||
| Price To Sales | 1.32 X | |||
| Revenue | 47.47 B | |||
| EBITDA | (12.32 B) | |||
| Cash And Equivalents | 51.85 B | |||
| Cash Per Share | 817.91 X | |||
| Total Debt | 465.35 M | |||
| Debt To Equity | 3.65 % | |||
| Cash Flow From Operations | (15.52 B) | |||
| Total Asset | 98.2 B | |||
| Retained Earnings | (8.43 B) | |||
| Current Asset | 18.81 B | |||
| Current Liabilities | 22.44 B | |||
About Wave Electronics Performance
By analyzing Wave Electronics' fundamental ratios, stakeholders can gain valuable insights into Wave Electronics' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Wave Electronics 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 Wave Electronics has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Wave Electronics Co., Ltd. manufactures and sells products for wireless telecommunications, defense, and display businesses in South Korea. Wave Electronics Co., Ltd. was founded in 1999 and is headquartered in Suwon, South Korea. WAVE ELECTRO is traded on Korean Securities Dealers Automated Quotations in South Korea.Things to note about Wave Electronics performance evaluation
Checking the ongoing alerts about Wave Electronics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Wave Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Wave Electronics generated a negative expected return over the last 90 days | |
| Wave Electronics Co has accumulated 465.35 M in total debt with debt to equity ratio (D/E) of 3.65, implying the company greatly relies on financing operations through barrowing. Wave Electronics has a current ratio of 0.75, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Wave Electronics until it has trouble settling it off, either with new capital or with free cash flow. So, Wave Electronics' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Wave Electronics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wave to invest in growth at high rates of return. When we think about Wave Electronics' use of debt, we should always consider it together with cash and equity. | |
| Wave Electronics Co has accumulated about 51.85 B in cash with (15.52 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 817.91. | |
| Roughly 20.0% of Wave Electronics shares are owned by insiders or employees |
- Analyzing Wave Electronics' 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 Wave Electronics' stock is overvalued or undervalued compared to its peers.
- Examining Wave Electronics' 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 Wave Electronics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Wave Electronics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Wave Electronics' stock. These opinions can provide insight into Wave Electronics' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Wave Stock analysis
When running Wave Electronics' price analysis, check to measure Wave Electronics' 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 Wave Electronics is operating at the current time. Most of Wave Electronics' value examination focuses on studying past and present price action to predict the probability of Wave Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wave Electronics' price. Additionally, you may evaluate how the addition of Wave Electronics to your portfolios can decrease your overall portfolio volatility.
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