Fine Besteel (Korea) Performance
| 133820 Stock | 1,100 27.00 2.52% |
On a scale of 0 to 100, Fine Besteel holds a performance score of 7. The firm shows a Beta (market volatility) of 0.5, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fine Besteel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fine Besteel is expected to be smaller as well. Please check Fine Besteel's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Fine Besteel's price patterns will revert.
Risk-Adjusted Performance
7 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Fine Besteel Co are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Fine Besteel sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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Fine Besteel Relative Risk vs. Return Landscape
If you would invest 93,100 in Fine Besteel Co on August 30, 2024 and sell it today you would earn a total of 16,900 from holding Fine Besteel Co or generate 18.15% return on investment over 90 days. Fine Besteel Co is generating 0.3341% of daily returns and assumes 3.309% volatility on return distribution over the 90 days horizon. Simply put, 29% of stocks are less volatile than Fine, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Fine Besteel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fine Besteel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Fine Besteel Co, and traders can use it to determine the average amount a Fine Besteel'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 = 0.101
| Best Portfolio | Best Equity | |||
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| Small Returns | 133820 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.31 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Fine Besteel is performing at about 7% 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 Fine Besteel by adding it to a well-diversified portfolio.
About Fine Besteel Performance
By analyzing Fine Besteel's fundamental ratios, stakeholders can gain valuable insights into Fine Besteel's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Fine Besteel 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 Fine Besteel 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 Fine Besteel performance evaluation
Checking the ongoing alerts about Fine Besteel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Fine Besteel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Fine Besteel had very high historical volatility over the last 90 days |
- Analyzing Fine Besteel'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 Fine Besteel's stock is overvalued or undervalued compared to its peers.
- Examining Fine Besteel'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 Fine Besteel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fine Besteel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Fine Besteel's stock. These opinions can provide insight into Fine Besteel's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Fine Stock analysis
When running Fine Besteel's price analysis, check to measure Fine Besteel'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 Fine Besteel is operating at the current time. Most of Fine Besteel's value examination focuses on studying past and present price action to predict the probability of Fine Besteel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fine Besteel's price. Additionally, you may evaluate how the addition of Fine Besteel to your portfolios can decrease your overall portfolio volatility.
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