Taeyang Metal (Korea) Performance
| 004105 Stock | 4,230 45.00 1.05% |
Taeyang Metal has a performance score of 3 on a scale of 0 to 100. The entity has a beta of -0.0373, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Taeyang Metal are expected to decrease at a much lower rate. During the bear market, Taeyang Metal is likely to outperform the market. Taeyang Metal Industrial right now has a risk of 2.79%. Please validate Taeyang Metal standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Taeyang Metal will be following its existing price patterns.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Taeyang Metal Industrial are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Taeyang Metal may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
Taeyang |
Taeyang Metal Relative Risk vs. Return Landscape
If you would invest 399,000 in Taeyang Metal Industrial on December 27, 2024 and sell it today you would earn a total of 24,000 from holding Taeyang Metal Industrial or generate 6.02% return on investment over 90 days. Taeyang Metal Industrial is generating 0.1406% of daily returns and assumes 2.7856% volatility on return distribution over the 90 days horizon. Simply put, 24% of stocks are less volatile than Taeyang, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Taeyang Metal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taeyang Metal's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Taeyang Metal Industrial, and traders can use it to determine the average amount a Taeyang Metal'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 = 0.0505
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| Cash | Small Risk | 004105 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.79 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Taeyang Metal is performing at about 3% 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 Taeyang Metal by adding it to a well-diversified portfolio.
About Taeyang Metal Performance
By analyzing Taeyang Metal's fundamental ratios, stakeholders can gain valuable insights into Taeyang Metal's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Taeyang Metal 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 Taeyang Metal 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 Taeyang Metal Industrial performance evaluation
Checking the ongoing alerts about Taeyang Metal for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Taeyang Metal Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Taeyang Metal's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Taeyang Metal's stock performance include:- Analyzing Taeyang Metal'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 Taeyang Metal's stock is overvalued or undervalued compared to its peers.
- Examining Taeyang Metal'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 Taeyang Metal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Taeyang Metal's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Taeyang Metal's stock. These opinions can provide insight into Taeyang Metal's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Taeyang Stock analysis
When running Taeyang Metal's price analysis, check to measure Taeyang Metal'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 Taeyang Metal is operating at the current time. Most of Taeyang Metal's value examination focuses on studying past and present price action to predict the probability of Taeyang Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taeyang Metal's price. Additionally, you may evaluate how the addition of Taeyang Metal to your portfolios can decrease your overall portfolio volatility.
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