Hannong Chemicals (Korea) Performance
| 011500 Stock | 15,060 310.00 2.10% |
The company retains a Market Volatility (i.e., Beta) of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hannong Chemicals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Hannong Chemicals is expected to be smaller as well. At this point, Hannong Chemicals has a negative expected return of -0.38%. Please make sure to check out Hannong Chemicals' jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Hannong Chemicals performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Hannong Chemicals 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
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Hannong Chemicals Relative Risk vs. Return Landscape
If you would invest 1,941,000 in Hannong Chemicals on August 30, 2024 and sell it today you would lose (466,000) from holding Hannong Chemicals or give up 24.01% of portfolio value over 90 days. Hannong Chemicals is generating negative expected returns and assumes 4.2493% volatility on return distribution over the 90 days horizon. Simply put, 37% of stocks are less volatile than Hannong, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hannong Chemicals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hannong Chemicals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hannong Chemicals, and traders can use it to determine the average amount a Hannong Chemicals' 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 = -0.0886
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| Negative Returns | 011500 |
Estimated Market Risk
| 4.25 actual daily | 37 63% of assets are more volatile |
Expected Return
| -0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hannong Chemicals 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 Hannong Chemicals by adding Hannong Chemicals to a well-diversified portfolio.
About Hannong Chemicals Performance
By analyzing Hannong Chemicals' fundamental ratios, stakeholders can gain valuable insights into Hannong Chemicals' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Hannong Chemicals 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 Hannong Chemicals 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 Hannong Chemicals performance evaluation
Checking the ongoing alerts about Hannong Chemicals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hannong Chemicals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hannong Chemicals generated a negative expected return over the last 90 days | |
| Hannong Chemicals has high historical volatility and very poor performance |
- Analyzing Hannong Chemicals' 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 Hannong Chemicals' stock is overvalued or undervalued compared to its peers.
- Examining Hannong Chemicals' 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 Hannong Chemicals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hannong Chemicals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hannong Chemicals' stock. These opinions can provide insight into Hannong Chemicals' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Hannong Stock analysis
When running Hannong Chemicals' price analysis, check to measure Hannong Chemicals' 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 Hannong Chemicals is operating at the current time. Most of Hannong Chemicals' value examination focuses on studying past and present price action to predict the probability of Hannong Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hannong Chemicals' price. Additionally, you may evaluate how the addition of Hannong Chemicals to your portfolios can decrease your overall portfolio volatility.
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