TOPMATERIAL (Korea) Performance
| 360070 Stock | 28,750 150.00 0.52% |
The entity has a beta of -0.0856, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TOPMATERIAL are expected to decrease at a much lower rate. During the bear market, TOPMATERIAL is likely to outperform the market. At this point, TOPMATERIAL LTD has a negative expected return of -0.55%. Please make sure to validate TOPMATERIAL's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if TOPMATERIAL LTD performance from the past will be repeated at some future point.
Risk-Adjusted Performance
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Over the last 90 days TOPMATERIAL LTD 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 January 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
TOPMATERIAL |
TOPMATERIAL Relative Risk vs. Return Landscape
If you would invest 4,085,000 in TOPMATERIAL LTD on September 3, 2024 and sell it today you would lose (1,210,000) from holding TOPMATERIAL LTD or give up 29.62% of portfolio value over 90 days. TOPMATERIAL LTD is generating negative expected returns and assumes 2.9623% volatility on return distribution over the 90 days horizon. Simply put, 26% of stocks are less volatile than TOPMATERIAL, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
TOPMATERIAL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TOPMATERIAL's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as TOPMATERIAL LTD, and traders can use it to determine the average amount a TOPMATERIAL'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 = -0.1859
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| Negative Returns | 360070 |
Estimated Market Risk
| 2.96 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.55 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 TOPMATERIAL 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 TOPMATERIAL by adding TOPMATERIAL to a well-diversified portfolio.
Things to note about TOPMATERIAL LTD performance evaluation
Checking the ongoing alerts about TOPMATERIAL for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for TOPMATERIAL LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TOPMATERIAL LTD generated a negative expected return over the last 90 days |
- Analyzing TOPMATERIAL'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 TOPMATERIAL's stock is overvalued or undervalued compared to its peers.
- Examining TOPMATERIAL'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 TOPMATERIAL's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TOPMATERIAL's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TOPMATERIAL's stock. These opinions can provide insight into TOPMATERIAL's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for TOPMATERIAL Stock analysis
When running TOPMATERIAL's price analysis, check to measure TOPMATERIAL'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 TOPMATERIAL is operating at the current time. Most of TOPMATERIAL's value examination focuses on studying past and present price action to predict the probability of TOPMATERIAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TOPMATERIAL's price. Additionally, you may evaluate how the addition of TOPMATERIAL to your portfolios can decrease your overall portfolio volatility.
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