Hanjoo Light (Korea) Performance
| 198940 Stock | 831.00 4.00 0.48% |
The company retains a Market Volatility (i.e., Beta) of 0.0703, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hanjoo Light's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hanjoo Light is expected to be smaller as well. At this point, Hanjoo Light Metal has a negative expected return of -0.39%. Please make sure to check out Hanjoo Light's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Hanjoo Light Metal 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 Hanjoo Light Metal 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 December 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
Hanjoo |
Hanjoo Light Relative Risk vs. Return Landscape
If you would invest 105,600 in Hanjoo Light Metal on August 31, 2024 and sell it today you would lose (22,500) from holding Hanjoo Light Metal or give up 21.31% of portfolio value over 90 days. Hanjoo Light Metal is generating negative expected returns and assumes 2.0825% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than Hanjoo, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hanjoo Light Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hanjoo Light's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hanjoo Light Metal, and traders can use it to determine the average amount a Hanjoo Light'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 = -0.1877
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 198940 |
Estimated Market Risk
| 2.08 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.39 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hanjoo Light 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 Hanjoo Light by adding Hanjoo Light to a well-diversified portfolio.
About Hanjoo Light Performance
By analyzing Hanjoo Light's fundamental ratios, stakeholders can gain valuable insights into Hanjoo Light's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Hanjoo Light 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 Hanjoo Light 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 Hanjoo Light Metal performance evaluation
Checking the ongoing alerts about Hanjoo Light for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hanjoo Light Metal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hanjoo Light Metal generated a negative expected return over the last 90 days |
- Analyzing Hanjoo Light'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 Hanjoo Light's stock is overvalued or undervalued compared to its peers.
- Examining Hanjoo Light'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 Hanjoo Light's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hanjoo Light's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hanjoo Light's stock. These opinions can provide insight into Hanjoo Light's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Hanjoo Stock analysis
When running Hanjoo Light's price analysis, check to measure Hanjoo Light'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 Hanjoo Light is operating at the current time. Most of Hanjoo Light's value examination focuses on studying past and present price action to predict the probability of Hanjoo Light's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanjoo Light's price. Additionally, you may evaluate how the addition of Hanjoo Light to your portfolios can decrease your overall portfolio volatility.
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