Tainan Spinning (Taiwan) Today
| 1440 Stock | TWD 15.85 0.30 1.93% |
Performance6 of 100
| Odds Of DistressLess than 29
|
Tainan Spinning is selling for under 15.85 as of the 20th of April 2024; that is 1.93 percent increase since the beginning of the trading day. The stock's lowest day price was 15.5. Tainan Spinning has about a 29 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Tainan Spinning Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of March 2024 and ending today, the 20th of April 2024. Click here to learn more.
Tainan Spinning Co., Ltd. manufactures, processes, and sells various textile products in Taiwan and internationally. The company was founded in 1955 and is headquartered in Tainan City, Taiwan. TAINAN SPINNING operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.. The company has 1.66 B outstanding shares. More on Tainan Spinning Co
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Tainan Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Tainan Spinning's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tainan Spinning or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Boming Hou |
| Business Concentration | Consumer Discretionary, Textiles, Apparel & Luxury Goods, Textile Manufacturing, Consumer Cyclical (View all Sectors) |
Tainan Spinning Co (1440) is traded on Taiwan Stock Exchange in Taiwan and employs 53 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 28.91 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tainan Spinning's market, we take the total number of its shares issued and multiply it by Tainan Spinning's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Tainan Spinning operates under Textiles, Apparel & Luxury Goods sector and is part of Consumer Discretionary industry. The entity has 1.66 B outstanding shares.
Tainan Spinning Co has accumulated about 2.86 B in cash with 1.3 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.73.
Check Tainan Spinning Probability Of Bankruptcy
Ownership AllocationTainan Spinning shows a total of 1.66 Billion outstanding shares. Tainan Spinning maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Tainan Ownership Details
Tainan Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Tainan Spinning jumping above the current price in 90 days from now is about 7.48%. The Tainan Spinning Co probability density function shows the probability of Tainan Spinning stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Tainan Spinning Co has a beta of -0.191. This suggests as returns on the benchmark increase, returns on holding Tainan Spinning are expected to decrease at a much lower rate. During a bear market, however, Tainan Spinning Co is likely to outperform the market. Additionally, tainan Spinning Co has an alpha of 0.0215, implying that it can generate a 0.0215 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Tainan Spinning to move above the current price in 90 days from now is about 7.48 (This Tainan Spinning Co probability density function shows the probability of Tainan Stock to fall within a particular range of prices over 90 days) .
Tainan Spinning Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Tainan Spinning market risk premium is the additional return an investor will receive from holding Tainan Spinning long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Tainan Spinning. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Tainan Spinning's alpha and beta are two of the key measurements used to evaluate Tainan Spinning's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8894 | |||
| Semi Deviation | 1.04 | |||
| Standard Deviation | 1.23 | |||
| Variance | 1.52 |
Tainan Stock Against Markets
Picking the right benchmark for Tainan Spinning stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Tainan Spinning stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Tainan Spinning is critical whether you are bullish or bearish towards Tainan Spinning Co at a given time. Please also check how Tainan Spinning's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Tainan Spinning without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Positions RatingsDetermine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
Tainan Spinning Corporate Directors
Tainan Spinning corporate directors refer to members of a Tainan Spinning board of directors. The board of directors generally takes responsibility for the Tainan Spinning's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Tainan Spinning's board members must vote for the resolution. The Tainan Spinning board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Zhisheng Hou | Director | Profile | |
| Yizhen Zhang | Director | Profile | |
| TsungYi Tsai | Independent Director | Profile | |
| Zhaomei Zeng | Managing Director | Profile |
How to buy Tainan Stock?
Before investing in Tainan Spinning, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Tainan Spinning. To buy Tainan Spinning stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tainan Spinning. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Tainan Spinning stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Tainan Spinning Co stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Tainan Spinning Co stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Tainan Spinning Co, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Tainan Spinning Co?
The danger of trading Tainan Spinning Co is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Tainan Spinning is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Tainan Spinning. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tainan Spinning is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tainan Spinning Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Tainan Stock analysis
When running Tainan Spinning's price analysis, check to measure Tainan Spinning'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 Tainan Spinning is operating at the current time. Most of Tainan Spinning's value examination focuses on studying past and present price action to predict the probability of Tainan Spinning's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tainan Spinning's price. Additionally, you may evaluate how the addition of Tainan Spinning to your portfolios can decrease your overall portfolio volatility.
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