Top Material (Korea) Performance
| 360070 Stock | 40,150 700.00 1.71% |
The entity has a beta of -0.81, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Top Material are expected to decrease at a much lower rate. During the bear market, Top Material is likely to outperform the market. At this point, Top Material has a negative expected return of -0.41%. Please make sure to validate Top Material's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Top Material 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 Top Material Co 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 October 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
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Top Material Relative Risk vs. Return Landscape
If you would invest 5,430,000 in Top Material Co on July 2, 2024 and sell it today you would lose (1,415,000) from holding Top Material Co or give up 26.06% of portfolio value over 90 days. Top Material Co is generating negative expected returns and assumes 4.0704% volatility on return distribution over the 90 days horizon. Simply put, 36% of stocks are less volatile than Top, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Top Material Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Top Material's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Top Material Co, and traders can use it to determine the average amount a Top Material'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 = -0.1009
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| Negative Returns | 360070 |
Estimated Market Risk
| 4.07 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.41 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Top Material 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 Top Material by adding Top Material to a well-diversified portfolio.
About Top Material Performance
By analyzing Top Material's fundamental ratios, stakeholders can gain valuable insights into Top Material's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Top Material 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 Top Material 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 Top Material performance evaluation
Checking the ongoing alerts about Top Material for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Top Material help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Top Material generated a negative expected return over the last 90 days | |
| Top Material has high historical volatility and very poor performance |
- Analyzing Top Material'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 Top Material's stock is overvalued or undervalued compared to its peers.
- Examining Top Material'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 Top Material's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Top Material's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Top Material's stock. These opinions can provide insight into Top Material's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Top Stock analysis
When running Top Material's price analysis, check to measure Top Material'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 Top Material is operating at the current time. Most of Top Material's value examination focuses on studying past and present price action to predict the probability of Top Material's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Top Material's price. Additionally, you may evaluate how the addition of Top Material to your portfolios can decrease your overall portfolio volatility.
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