Advanced Echem (Taiwan) Performance
| 4749 Stock | 646.00 34.00 5.00% |
The firm shows a Beta (market volatility) of 0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Advanced Echem's returns are expected to increase less than the market. However, during the bear market, the loss of holding Advanced Echem is expected to be smaller as well. At this point, Advanced Echem Materials has a negative expected return of -0.13%. Please make sure to confirm Advanced Echem's total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Advanced Echem Materials performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Advanced Echem Materials has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
Advanced |
Advanced Echem Relative Risk vs. Return Landscape
If you would invest 71,000 in Advanced Echem Materials on December 4, 2024 and sell it today you would lose (6,400) from holding Advanced Echem Materials or give up 9.01% of portfolio value over 90 days. Advanced Echem Materials is generating negative expected returns and assumes 2.9766% volatility on return distribution over the 90 days horizon. Simply put, 26% of stocks are less volatile than Advanced, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Advanced Echem Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Advanced Echem's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Advanced Echem Materials, and traders can use it to determine the average amount a Advanced Echem'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 = -0.0433
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 4749 |
Estimated Market Risk
| 2.98 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Advanced Echem 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 Advanced Echem by adding Advanced Echem to a well-diversified portfolio.
About Advanced Echem Performance
Evaluating Advanced Echem's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Advanced Echem 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 Advanced Echem has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Advanced Echem Materials performance evaluation
Checking the ongoing alerts about Advanced Echem for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Advanced Echem Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Advanced Echem generated a negative expected return over the last 90 days |
- Analyzing Advanced Echem'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 Advanced Echem's stock is overvalued or undervalued compared to its peers.
- Examining Advanced Echem'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 Advanced Echem's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Advanced Echem's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Advanced Echem's stock. These opinions can provide insight into Advanced Echem's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Advanced Stock Analysis
When running Advanced Echem's price analysis, check to measure Advanced Echem'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 Advanced Echem is operating at the current time. Most of Advanced Echem's value examination focuses on studying past and present price action to predict the probability of Advanced Echem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Echem's price. Additionally, you may evaluate how the addition of Advanced Echem to your portfolios can decrease your overall portfolio volatility.