Advanced Echem (Taiwan) Performance
| 4749 Stock | 679.00 11.00 1.59% |
Advanced Echem has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.56, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Advanced Echem are expected to decrease at a much lower rate. During the bear market, Advanced Echem is likely to outperform the market. Advanced Echem Materials right now shows a risk of 2.22%. Please confirm Advanced Echem Materials jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Advanced Echem Materials will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Advanced Echem Materials are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Advanced Echem may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
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Advanced Echem Relative Risk vs. Return Landscape
If you would invest 61,100 in Advanced Echem Materials on September 15, 2024 and sell it today you would earn a total of 6,800 from holding Advanced Echem Materials or generate 11.13% return on investment over 90 days. Advanced Echem Materials is generating 0.1915% of daily returns and assumes 2.2203% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Advanced, and 97% 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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Advanced Echem Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Advanced Echem's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Advanced Echem Materials, and traders can use it to determine the average amount a Advanced Echem'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 = 0.0863
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Estimated Market Risk
| 2.22 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Advanced Echem is performing at about 6% 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 Advanced Echem by adding it to a well-diversified portfolio.
About Advanced Echem Performance
Evaluating Advanced Echem's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Advanced Echem 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 Advanced Echem has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Advanced Echem Materials performance evaluation
Checking the ongoing alerts about Advanced Echem for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Advanced Echem Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Advanced Echem's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Advanced Echem's stock performance include:- Analyzing Advanced Echem'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 Advanced Echem's stock is overvalued or undervalued compared to its peers.
- Examining Advanced Echem'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 Advanced Echem's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Advanced Echem's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Advanced Echem's stock. These opinions can provide insight into Advanced Echem's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Advanced Stock Analysis
When running Advanced Echem's price analysis, check to measure Advanced Echem'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 Advanced Echem is operating at the current time. Most of Advanced Echem's value examination focuses on studying past and present price action to predict the probability of Advanced Echem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Echem's price. Additionally, you may evaluate how the addition of Advanced Echem to your portfolios can decrease your overall portfolio volatility.