DeviceENGCOLtd (Korea) Performance
| 187870 Stock | KRW 12,530 200.00 1.57% |
The firm shows a Beta (market volatility) of 0.3, which means possible diversification benefits within a given portfolio. As returns on the market increase, DeviceENGCOLtd's returns are expected to increase less than the market. However, during the bear market, the loss of holding DeviceENGCOLtd is expected to be smaller as well. At this point, DeviceENGCOLtd has a negative expected return of -0.22%. Please make sure to confirm DeviceENGCOLtd's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if DeviceENGCOLtd performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days DeviceENGCOLtd 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
| Total Cashflows From Investing Activities | -6.1 B |
DeviceENGCOLtd |
DeviceENGCOLtd Relative Risk vs. Return Landscape
If you would invest 1,439,000 in DeviceENGCOLtd on August 31, 2024 and sell it today you would lose (186,000) from holding DeviceENGCOLtd or give up 12.93% of portfolio value over 90 days. DeviceENGCOLtd is generating negative expected returns and assumes 1.7645% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than DeviceENGCOLtd, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
DeviceENGCOLtd Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DeviceENGCOLtd's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as DeviceENGCOLtd, and traders can use it to determine the average amount a DeviceENGCOLtd'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 = -0.1241
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 187870 |
Estimated Market Risk
| 1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.22 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 DeviceENGCOLtd 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 DeviceENGCOLtd by adding DeviceENGCOLtd to a well-diversified portfolio.
DeviceENGCOLtd Fundamentals Growth
DeviceENGCOLtd Stock prices reflect investors' perceptions of the future prospects and financial health of DeviceENGCOLtd, and DeviceENGCOLtd 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 DeviceENGCOLtd Stock performance.
| Return On Equity | 11.7 | |||
| Return On Asset | 0.25 | |||
| Profit Margin | 0.26 % | |||
| Operating Margin | 0.36 % | |||
| Current Valuation | 175.95 B | |||
| Shares Outstanding | 6.78 M | |||
| Price To Sales | 1.29 X | |||
| Revenue | 125.07 B | |||
| EBITDA | 55.86 B | |||
| Cash And Equivalents | 100.39 B | |||
| Total Debt | 17.42 B | |||
| Cash Flow From Operations | 22.21 B | |||
| Total Asset | 186.25 B | |||
About DeviceENGCOLtd Performance
By analyzing DeviceENGCOLtd's fundamental ratios, stakeholders can gain valuable insights into DeviceENGCOLtd's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if DeviceENGCOLtd 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 DeviceENGCOLtd has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
,Ltd develops and supplies automatic control systems of semiconductors, displays, and material parts to semiconductor, LCD, and FPD manufacturers in Korea and internationally. It also provides material parts, such as filters, trays, films and sheets, leak sensors, and al bags. Device ENG is traded on Korean Securities Dealers Automated Quotations in South Korea.Things to note about DeviceENGCOLtd performance evaluation
Checking the ongoing alerts about DeviceENGCOLtd for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for DeviceENGCOLtd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| DeviceENGCOLtd generated a negative expected return over the last 90 days | |
| About 34.0% of the company shares are owned by insiders or employees |
- Analyzing DeviceENGCOLtd'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 DeviceENGCOLtd's stock is overvalued or undervalued compared to its peers.
- Examining DeviceENGCOLtd'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 DeviceENGCOLtd's management team can have a significant impact on its success or failure. Reviewing the track record and experience of DeviceENGCOLtd's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of DeviceENGCOLtd's stock. These opinions can provide insight into DeviceENGCOLtd's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for DeviceENGCOLtd Stock analysis
When running DeviceENGCOLtd's price analysis, check to measure DeviceENGCOLtd'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 DeviceENGCOLtd is operating at the current time. Most of DeviceENGCOLtd's value examination focuses on studying past and present price action to predict the probability of DeviceENGCOLtd's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DeviceENGCOLtd's price. Additionally, you may evaluate how the addition of DeviceENGCOLtd to your portfolios can decrease your overall portfolio volatility.
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |