Ruentex Materials (Taiwan) Today
8463 Stock | TWD 26.15 0.65 2.55% |
Performance7 of 100
| Odds Of DistressLess than 33
|
Ruentex Materials is selling for under 26.15 as of the 19th of April 2024; that is 2.55% increase since the beginning of the trading day. The stock's lowest day price was 25.5. Ruentex Materials has about a 33 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Ruentex Materials Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2023 and ending today, the 19th of April 2024. Click here to learn more.
It offers Portland blast furnace cement, Portland cement, and stove powder and mortar, surface powder, and sticky and sealing materials, no shrinkage mortar, mud, and elastic cement. The company was founded in 1992 and is headquartered in Taipei, Taiwan. The company has 150 M outstanding shares. More on Ruentex Materials Co
Moving together with Ruentex Stock
0.61 | 2504 | Goldsun Building Mat | PairCorr |
Follow Valuation Odds of Bankruptcy
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Ruentex 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. Ruentex Materials' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ruentex Materials or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman of the Board | Zhihong Li |
Thematic Idea | Plastics (View all Themes) |
Business Concentration | Plastics, Building Materials, Basic Materials (View all Sectors) |
Ruentex Materials Co (8463) is traded on Taiwan Stock Exchange in Taiwan and employs 18 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.6 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ruentex Materials's market, we take the total number of its shares issued and multiply it by Ruentex Materials'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. Ruentex Materials operates under Basic Materials sector and is part of Building Materials industry. The entity has 150 M outstanding shares.
Ruentex Materials Co has accumulated about 135.08 M in cash with 278.18 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.9.
Check Ruentex Materials Probability Of Bankruptcy
Ownership AllocationRuentex Materials has a total of 150 Million outstanding shares. Ruentex Materials holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 77.71 pct. of Ruentex Materials outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Ruentex Ownership Details
Ruentex Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Ruentex Materials jumping above the current price in 90 days from now is under 4%. The Ruentex Materials Co probability density function shows the probability of Ruentex Materials stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Ruentex Materials Co has a beta of -0.1867. This suggests as returns on the benchmark increase, returns on holding Ruentex Materials are expected to decrease at a much lower rate. During a bear market, however, Ruentex Materials Co is likely to outperform the market. Additionally, ruentex Materials Co has an alpha of 0.0932, implying that it can generate a 0.0932 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Ruentex Materials to move above the current price in 90 days from now is under 4 (This Ruentex Materials Co probability density function shows the probability of Ruentex Stock to fall within a particular range of prices over 90 days) .
Ruentex Materials Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ruentex Materials market risk premium is the additional return an investor will receive from holding Ruentex Materials 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 Ruentex Materials. 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 Ruentex Materials' alpha and beta are two of the key measurements used to evaluate Ruentex Materials' performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 1.02 | |||
Semi Deviation | 1.03 | |||
Standard Deviation | 1.57 | |||
Variance | 2.46 |
Ruentex Stock Against Markets
Picking the right benchmark for Ruentex Materials 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 Ruentex Materials 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 Ruentex Materials is critical whether you are bullish or bearish towards Ruentex Materials Co at a given time. Please also check how Ruentex Materials' 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 Ruentex Materials 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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Ruentex Materials Corporate Directors
Ruentex Materials corporate directors refer to members of a Ruentex Materials board of directors. The board of directors generally takes responsibility for the Ruentex Materials' 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 Ruentex Materials' board members must vote for the resolution. The Ruentex Materials board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Mingjin Chen | Independent Director | Profile | |
Xian Que | Deputy Factory Director | Profile | |
Guozhen Zhang | Independent Director | Profile | |
MingChing Chen | Independent Director | Profile |
How to buy Ruentex Stock?
Before investing in Ruentex Materials, 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 Ruentex Materials. To buy Ruentex Materials stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ruentex Materials. 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 Ruentex Materials stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ruentex Materials 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 Ruentex Materials 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 Ruentex Materials 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 Ruentex Materials Co?
The danger of trading Ruentex Materials 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 Ruentex Materials 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 Ruentex Materials. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ruentex Materials 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 Ruentex Materials 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Ruentex Stock analysis
When running Ruentex Materials' price analysis, check to measure Ruentex Materials' 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 Ruentex Materials is operating at the current time. Most of Ruentex Materials' value examination focuses on studying past and present price action to predict the probability of Ruentex Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ruentex Materials' price. Additionally, you may evaluate how the addition of Ruentex Materials to your portfolios can decrease your overall portfolio volatility.
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