Cleanaway (Taiwan) Today
| 8422 Stock | TWD 188.50 1.50 0.79% |
Performance8 of 100
| Odds Of DistressLess than 9
|
Cleanaway is selling for under 188.50 as of the 19th of April 2024; that is -0.79 percent decrease since the beginning of the trading day. The stock's lowest day price was 188.0. Cleanaway 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 Cleanaway Co 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.
Cleanaway Company Limited operates as an intermediate treatment solidification company within the waste disposal process in Taiwan. Cleanaway Company Limited was founded in 1999 and is headquartered in Kaohsiung City, Taiwan. CLEANAWAY COMPANY is traded on Taiwan Stock Exchange in Taiwan.. The company has 108.89 M outstanding shares. More on Cleanaway Co
Follow Valuation Odds of Bankruptcy
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Cleanaway 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. Cleanaway's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cleanaway or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | ChingHsiang Yang |
| Thematic Idea | Cleaning (View all Themes) |
| Business Concentration | Cleaning, Industrials, Commercial Services & Supplies, Waste Management, Industrials (View all Sectors) |
Cleanaway Co (8422) is traded on Taiwan Stock Exchange in Taiwan and employs 25 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 20.14 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cleanaway's market, we take the total number of its shares issued and multiply it by Cleanaway'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. Cleanaway operates under Commercial Services & Supplies sector and is part of Industrials industry. The entity has 108.89 M outstanding shares.
Cleanaway Co has accumulated about 1.59 B in cash with 1.38 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.61.
Check Cleanaway Probability Of Bankruptcy
Ownership AllocationCleanaway retains a total of 108.89 Million outstanding shares. Cleanaway Co retains 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. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Cleanaway Ownership Details
Cleanaway Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Cleanaway jumping above the current price in 90 days from now is near 1%. The Cleanaway Co probability density function shows the probability of Cleanaway stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Cleanaway Co has a beta of -0.026. This suggests as returns on the benchmark increase, returns on holding Cleanaway are expected to decrease at a much lower rate. During a bear market, however, Cleanaway Co is likely to outperform the market. Additionally, cleanaway Co has an alpha of 0.0317, implying that it can generate a 0.0317 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Cleanaway to move above the current price in 90 days from now is near 1 (This Cleanaway Co probability density function shows the probability of Cleanaway Stock to fall within a particular range of prices over 90 days) .
Cleanaway Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cleanaway market risk premium is the additional return an investor will receive from holding Cleanaway 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 Cleanaway. 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 Cleanaway's alpha and beta are two of the key measurements used to evaluate Cleanaway's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4626 | |||
| Semi Deviation | 0.43 | |||
| Standard Deviation | 0.8646 | |||
| Variance | 0.7476 |
Cleanaway Stock Against Markets
Picking the right benchmark for Cleanaway 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 Cleanaway 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 Cleanaway is critical whether you are bullish or bearish towards Cleanaway Co at a given time. Please also check how Cleanaway'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 Cleanaway 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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Cleanaway Corporate Directors
Cleanaway corporate directors refer to members of a Cleanaway board of directors. The board of directors generally takes responsibility for the Cleanaway'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 Cleanaway's board members must vote for the resolution. The Cleanaway board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Zhongming Li | Director | Profile | |
| Kunyu Zhang | Director | Profile | |
| Jianxun Wu | Independent Director | Profile | |
| Wenzai Yang | Independent Director | Profile |
How to buy Cleanaway Stock?
Before investing in Cleanaway, 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 Cleanaway. To buy Cleanaway stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cleanaway. 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 Cleanaway stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Cleanaway 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 Cleanaway 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 Cleanaway 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 Cleanaway Co?
The danger of trading Cleanaway 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 Cleanaway 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 Cleanaway. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cleanaway 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 Cleanaway 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Cleanaway Stock analysis
When running Cleanaway's price analysis, check to measure Cleanaway'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 Cleanaway is operating at the current time. Most of Cleanaway's value examination focuses on studying past and present price action to predict the probability of Cleanaway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cleanaway's price. Additionally, you may evaluate how the addition of Cleanaway to your portfolios can decrease your overall portfolio volatility.
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