Optimax Technology (Taiwan) Today
| 3051 Stock | TWD 37.30 1.60 4.11% |
Performance7 of 100
| Odds Of DistressLess than 10
|
Optimax Technology is selling for under 37.30 as of the 19th of April 2024; that is -4.11 percent down since the beginning of the trading day. The stock's lowest day price was 37.3. Optimax Technology has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Optimax Technology Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Optimax Technology Corporation manufactures and sells polarizers for liquid crystal display manufacturers. The company was founded in 1987 and is based in Taoyuan, Taiwan. OPTIMAX TECHNOLOGY is traded on Taiwan Stock Exchange in Taiwan. The company has 168 M outstanding shares. More on Optimax Technology Corp
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Follow Valuation Odds of Bankruptcy
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Optimax 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. Optimax Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Optimax Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Jirong Zhao |
| Business Concentration | Information Technology, Electronic Equipment, Instruments & Components, Electronic Components, Technology (View all Sectors) |
Optimax Technology Corp (3051) is traded on Taiwan Stock Exchange in Taiwan and employs 17 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.19 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Optimax Technology's market, we take the total number of its shares issued and multiply it by Optimax Technology'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. Optimax Technology Corp operates under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 168 M outstanding shares.
Optimax Technology Corp has accumulated about 83.92 M in cash with 153.14 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.49.
Check Optimax Technology Probability Of Bankruptcy
Ownership AllocationOptimax Technology owns a total of 168 Million outstanding shares. Optimax Technology has 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 maintains, 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 Optimax Ownership Details
Optimax Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Optimax Technology jumping above the current price in 90 days from now is about 35.89%. The Optimax Technology Corp probability density function shows the probability of Optimax Technology stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Optimax Technology Corp has a beta of -0.3587. This suggests as returns on the benchmark increase, returns on holding Optimax Technology are expected to decrease at a much lower rate. During a bear market, however, Optimax Technology Corp is likely to outperform the market. Additionally, optimax Technology Corp has an alpha of 0.1142, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Optimax Technology to move above the current price in 90 days from now is about 35.89 (This Optimax Technology Corp probability density function shows the probability of Optimax Stock to fall within a particular range of prices over 90 days) .
Optimax Technology Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Optimax Technology market risk premium is the additional return an investor will receive from holding Optimax Technology 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 Optimax Technology. 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 Optimax Technology's alpha and beta are two of the key measurements used to evaluate Optimax Technology's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.09 | |||
| Semi Deviation | 2.79 | |||
| Standard Deviation | 2.94 | |||
| Variance | 8.67 |
Optimax Stock Against Markets
Picking the right benchmark for Optimax Technology 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 Optimax Technology 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 Optimax Technology is critical whether you are bullish or bearish towards Optimax Technology Corp at a given time. Please also check how Optimax Technology'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 Optimax Technology 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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Optimax Technology Corporate Directors
Optimax Technology corporate directors refer to members of an Optimax Technology board of directors. The board of directors generally takes responsibility for the Optimax Technology'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 Optimax Technology's board members must vote for the resolution. The Optimax Technology board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Hetian Guo | Independent Director | Profile | |
| Qibang Yu | Director | Profile | |
| Shuping Wu | Director | Profile | |
| Mingli Lai | Director | Profile |
How to buy Optimax Stock?
Before investing in Optimax Technology, 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 Optimax Technology. To buy Optimax Technology stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Optimax Technology. 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 Optimax Technology stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Optimax Technology Corp 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 Optimax Technology Corp 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 Optimax Technology Corp, 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 Optimax Technology Corp?
The danger of trading Optimax Technology Corp 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 Optimax Technology 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 Optimax Technology. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Optimax Technology Corp 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 Optimax Technology Corp. 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Optimax Stock analysis
When running Optimax Technology's price analysis, check to measure Optimax Technology'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 Optimax Technology is operating at the current time. Most of Optimax Technology's value examination focuses on studying past and present price action to predict the probability of Optimax Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optimax Technology's price. Additionally, you may evaluate how the addition of Optimax Technology to your portfolios can decrease your overall portfolio volatility.
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