Song Hong (Vietnam) Performance
| ICG Stock | 7,800 100.00 1.30% |
On a scale of 0 to 100, Song Hong holds a performance score of 10. The entity has a beta of -0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Song Hong are expected to decrease at a much lower rate. During the bear market, Song Hong is likely to outperform the market. Please check Song Hong's sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Song Hong's existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Song Hong Construction are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating technical and fundamental indicators, Song Hong displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
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Song Hong Relative Risk vs. Return Landscape
If you would invest 680,000 in Song Hong Construction on November 19, 2024 and sell it today you would earn a total of 100,000 from holding Song Hong Construction or generate 14.71% return on investment over 90 days. Song Hong Construction is generating 0.3903% of daily returns assuming 2.8126% volatility of returns over the 90 days investment horizon. Simply put, 25% of all stocks have less volatile historical return distribution than Song Hong, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Song Hong Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Song Hong's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Song Hong Construction, and traders can use it to determine the average amount a Song Hong'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 = 0.1388
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Estimated Market Risk
| 2.81 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Song Hong is performing at about 10% 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 Song Hong by adding it to a well-diversified portfolio.
About Song Hong Performance
By examining Song Hong's fundamental ratios, stakeholders can obtain critical insights into Song Hong's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Song Hong is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Song Hong Construction performance evaluation
Checking the ongoing alerts about Song Hong for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Song Hong Construction help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Song Hong's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Song Hong's stock performance include:- Analyzing Song Hong'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 Song Hong's stock is overvalued or undervalued compared to its peers.
- Examining Song Hong'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 Song Hong's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Song Hong's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Song Hong's stock. These opinions can provide insight into Song Hong's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Song Stock
Song Hong financial ratios help investors to determine whether Song Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Song with respect to the benefits of owning Song Hong security.