Hanwha Chemical (Korea) Performance
| 009830 Stock | 20,600 900.00 4.19% |
On a scale of 0 to 100, Hanwha Chemical holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of 1.31, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Hanwha Chemical will likely underperform. Please check Hanwha Chemical's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Hanwha Chemical's current trending patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Hanwha Chemical Corp are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Hanwha Chemical sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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Hanwha Chemical Relative Risk vs. Return Landscape
If you would invest 1,584,643 in Hanwha Chemical Corp on December 5, 2024 and sell it today you would earn a total of 475,357 from holding Hanwha Chemical Corp or generate 30.0% return on investment over 90 days. Hanwha Chemical Corp is generating 0.5486% of daily returns and assumes 4.0828% volatility on return distribution over the 90 days horizon. Simply put, 36% of stocks are less volatile than Hanwha, and 90% 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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Hanwha Chemical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hanwha Chemical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hanwha Chemical Corp, and traders can use it to determine the average amount a Hanwha Chemical'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 = 0.1344
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Estimated Market Risk
| 4.08 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Hanwha Chemical is performing at about 10% 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 Hanwha Chemical by adding it to a well-diversified portfolio.
About Hanwha Chemical Performance
By analyzing Hanwha Chemical's fundamental ratios, stakeholders can gain valuable insights into Hanwha Chemical's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Hanwha Chemical 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 Hanwha Chemical 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 Hanwha Chemical Corp performance evaluation
Checking the ongoing alerts about Hanwha Chemical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hanwha Chemical Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hanwha Chemical Corp appears to be risky and price may revert if volatility continues |
- Analyzing Hanwha Chemical'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 Hanwha Chemical's stock is overvalued or undervalued compared to its peers.
- Examining Hanwha Chemical'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 Hanwha Chemical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hanwha Chemical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hanwha Chemical's stock. These opinions can provide insight into Hanwha Chemical's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Hanwha Stock analysis
When running Hanwha Chemical's price analysis, check to measure Hanwha Chemical'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 Hanwha Chemical is operating at the current time. Most of Hanwha Chemical's value examination focuses on studying past and present price action to predict the probability of Hanwha Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanwha Chemical's price. Additionally, you may evaluate how the addition of Hanwha Chemical to your portfolios can decrease your overall portfolio volatility.
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