Techwing (Korea) Performance
| 089030 Stock | 42,200 4,100 10.76% |
On a scale of 0 to 100, Techwing holds a performance score of 3. The entity has a beta of 0.55, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Techwing's returns are expected to increase less than the market. However, during the bear market, the loss of holding Techwing is expected to be smaller as well. Please check Techwing's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Techwing's existing price patterns will revert.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Techwing are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Techwing sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Techwing |
Techwing Relative Risk vs. Return Landscape
If you would invest 4,030,000 in Techwing on October 6, 2024 and sell it today you would earn a total of 190,000 from holding Techwing or generate 4.71% return on investment over 90 days. Techwing is generating 0.2011% of daily returns and assumes 5.0724% volatility on return distribution over the 90 days horizon. Simply put, 45% of stocks are less volatile than Techwing, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Techwing Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Techwing's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Techwing, and traders can use it to determine the average amount a Techwing'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 = 0.0396
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Estimated Market Risk
| 5.07 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Techwing 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 Techwing by adding it to a well-diversified portfolio.
Things to note about Techwing performance evaluation
Checking the ongoing alerts about Techwing for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Techwing help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Techwing had very high historical volatility over the last 90 days |
- Analyzing Techwing'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 Techwing's stock is overvalued or undervalued compared to its peers.
- Examining Techwing'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 Techwing's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Techwing's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Techwing's stock. These opinions can provide insight into Techwing's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Techwing Stock analysis
When running Techwing's price analysis, check to measure Techwing'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 Techwing is operating at the current time. Most of Techwing's value examination focuses on studying past and present price action to predict the probability of Techwing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Techwing's price. Additionally, you may evaluate how the addition of Techwing to your portfolios can decrease your overall portfolio volatility.
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