TOPMATERIAL (Korea) Performance
| 360070 Stock | 34,500 300.00 0.86% |
On a scale of 0 to 100, TOPMATERIAL holds a performance score of 6. The entity has a beta of -0.73, which indicates possible diversification benefits within a given portfolio. 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. Please check TOPMATERIAL's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether TOPMATERIAL's existing price patterns will revert.
Risk-Adjusted Performance
Modest
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in TOPMATERIAL LTD are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, TOPMATERIAL sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
TOPMATERIAL |
TOPMATERIAL Relative Risk vs. Return Landscape
If you would invest 2,890,000 in TOPMATERIAL LTD on November 29, 2024 and sell it today you would earn a total of 560,000 from holding TOPMATERIAL LTD or generate 19.38% return on investment over 90 days. TOPMATERIAL LTD is generating 0.4608% of daily returns and assumes 5.7614% volatility on return distribution over the 90 days horizon. Simply put, 51% of stocks are less volatile than TOPMATERIAL, and 91% 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 = 0.08
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Estimated Market Risk
| 5.76 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average TOPMATERIAL is performing at about 6% 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 TOPMATERIAL by adding it 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 had very high historical volatility 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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