CoAsia Microelectronics (Taiwan) Today
| 8096 Stock | TWD 28.70 0.20 0.70% |
Performance9 of 100
| Odds Of DistressLess than 9
|
CoAsia Microelectronics is selling for under 28.70 as of the 19th of April 2024; that is 0.70 percent increase since the beginning of the trading day. The stock's lowest day price was 28.25. CoAsia Microelectronics has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for CoAsia Microelectronics 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.
CoAsia Electronics Corp. provides components for mobile multimedia in Taiwan, China, the United States, Southeast Asia, India, and Korea. CoAsia Electronics Corp. was founded in 1997 and is based in Taipei, Taiwan. COASIA ELECTRONICS operates under Semiconductors classification in Taiwan and is traded on Taiwan OTC Exchange. The company has 148.9 M outstanding shares. More on CoAsia Microelectronics
Moving together with CoAsia Stock
| 0.76 | 2330 | Taiwan Semiconductor | PairCorr |
| 0.75 | 3034 | Novatek Microelectronics | PairCorr |
Moving against CoAsia Stock
| 0.79 | 6770 | Powerchip Semiconductor | PairCorr |
| 0.7 | 3443 | Global Unichip Corp | PairCorr |
| 0.62 | 3257 | Champion Microelectronic | PairCorr |
| 0.58 | 6415 | Silergy Corp | PairCorr |
| 0.56 | 3556 | eGalaxeMPIA Technology | PairCorr |
| 0.54 | 4108 | Phytohealth Corp | PairCorr |
| 0.46 | 6488 | GlobalWafers | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
CoAsia 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. CoAsia Microelectronics' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CoAsia Microelectronics or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Vice Chairman of the Board | Henggen Wu |
| Business Concentration | Semiconductors, Technology (View all Sectors) |
CoAsia Microelectronics (8096) is traded on Taiwan OTC Exchange in Taiwan and employs 152 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.77 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CoAsia Microelectronics's market, we take the total number of its shares issued and multiply it by CoAsia Microelectronics'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. CoAsia Microelectronics operates under Technology sector and is part of Semiconductors industry. The entity has 148.9 M outstanding shares.
CoAsia Microelectronics has accumulated about 453.31 M in cash with (971.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.04.
Check CoAsia Microelectronics Probability Of Bankruptcy
Ownership AllocationCoAsia Microelectronics secures a total of 148.9 Million outstanding shares. CoAsia Microelectronics shows large 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 retains, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check CoAsia Ownership Details
CoAsia Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of CoAsia Microelectronics jumping above the current price in 90 days from now is about 10.74%. The CoAsia Microelectronics probability density function shows the probability of CoAsia Microelectronics stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon CoAsia Microelectronics has a beta of -0.7765. This suggests as returns on the benchmark increase, returns on holding CoAsia Microelectronics are expected to decrease at a much lower rate. During a bear market, however, CoAsia Microelectronics is likely to outperform the market. Additionally, coAsia Microelectronics has an alpha of 0.8923, implying that it can generate a 0.89 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of CoAsia Microelectronics to move above the current price in 90 days from now is about 10.74 (This CoAsia Microelectronics probability density function shows the probability of CoAsia Stock to fall within a particular range of prices over 90 days) .
CoAsia Microelectronics Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. CoAsia Microelectronics market risk premium is the additional return an investor will receive from holding CoAsia Microelectronics 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 CoAsia Microelectronics. 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 CoAsia Microelectronics' alpha and beta are two of the key measurements used to evaluate CoAsia Microelectronics' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.42 | |||
| Semi Deviation | 2.82 | |||
| Standard Deviation | 4.51 | |||
| Variance | 20.34 |
CoAsia Stock Against Markets
Picking the right benchmark for CoAsia Microelectronics 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 CoAsia Microelectronics 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 CoAsia Microelectronics is critical whether you are bullish or bearish towards CoAsia Microelectronics at a given time. Please also check how CoAsia Microelectronics' 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 CoAsia Microelectronics 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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| All Next | Launch Module |
CoAsia Microelectronics Corporate Management
Elected by the shareholders, the CoAsia Microelectronics' board of directors comprises two types of representatives: CoAsia Microelectronics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CoAsia. The board's role is to monitor CoAsia Microelectronics' management team and ensure that shareholders' interests are well served. CoAsia Microelectronics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CoAsia Microelectronics' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Chengkun Piao | Deputy General Manager | Profile | |
| Dongzhu Shen | Chief Marketing Officer, General Manager-China Resign | Profile | |
| Qingqi Cai | Deputy General Manager | Profile | |
| PengCheng Wang | Head GM | Profile |
How to buy CoAsia Stock?
Before investing in CoAsia Microelectronics, 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 CoAsia Microelectronics. To buy CoAsia Microelectronics stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of CoAsia Microelectronics. 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 CoAsia Microelectronics stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located CoAsia Microelectronics 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 CoAsia Microelectronics 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 CoAsia Microelectronics, 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 CoAsia Microelectronics?
The danger of trading CoAsia Microelectronics 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 CoAsia Microelectronics 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 CoAsia Microelectronics. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CoAsia Microelectronics 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 CoAsia Microelectronics. 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 File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for CoAsia Stock analysis
When running CoAsia Microelectronics' price analysis, check to measure CoAsia Microelectronics' 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 CoAsia Microelectronics is operating at the current time. Most of CoAsia Microelectronics' value examination focuses on studying past and present price action to predict the probability of CoAsia Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CoAsia Microelectronics' price. Additionally, you may evaluate how the addition of CoAsia Microelectronics to your portfolios can decrease your overall portfolio volatility.
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