Kwong Lung (Taiwan) Today
| 8916 Stock | TWD 59.90 0.50 0.84% |
Performance8 of 100
| Odds Of DistressLess than 9
|
Kwong Lung is selling for under 59.90 as of the 18th of April 2024; that is 0.84 percent up since the beginning of the trading day. The stock's lowest day price was 59.3. Kwong Lung 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 Kwong Lung Enterprise are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of October 2023 and ending today, the 18th of April 2024. Click here to learn more.
Moving together with Kwong Stock
| 0.79 | 1402 | Far Eastern New | PairCorr |
Moving against Kwong Stock
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Follow Valuation Odds of Bankruptcy
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Kwong 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. Kwong Lung's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Kwong Lung or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Zhenghua Zhan |
| Business Concentration | Textile Manufacturing, Consumer Cyclical (View all Sectors) |
Kwong Lung Enterprise (8916) is traded on Taiwan OTC Exchange in Taiwan and employs 23 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.26 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kwong Lung's market, we take the total number of its shares issued and multiply it by Kwong Lung'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. Kwong Lung Enterprise operates under Consumer Cyclical sector and is part of Textile Manufacturing industry. The entity has 139.03 M outstanding shares.
Kwong Lung generates negative cash flow from operations
Check Kwong Lung Probability Of Bankruptcy
Ownership AllocationKwong Lung Enterprise maintains a total of 139.03 Million outstanding shares. Kwong Lung Enterprise holds 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 has, 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 Kwong Ownership Details
Kwong Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Kwong Lung jumping above the current price in 90 days from now is about 23.85%. The Kwong Lung Enterprise probability density function shows the probability of Kwong Lung stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Kwong Lung Enterprise has a beta of -0.0172. This suggests as returns on the benchmark increase, returns on holding Kwong Lung are expected to decrease at a much lower rate. During a bear market, however, Kwong Lung Enterprise is likely to outperform the market. Additionally, kwong Lung Enterprise has an alpha of 0.0284, implying that it can generate a 0.0284 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Kwong Lung to move above the current price in 90 days from now is about 23.85 (This Kwong Lung Enterprise probability density function shows the probability of Kwong Stock to fall within a particular range of prices over 90 days) .
Kwong Lung Enterprise Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Kwong Lung market risk premium is the additional return an investor will receive from holding Kwong Lung 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 Kwong Lung. 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 Kwong Lung's alpha and beta are two of the key measurements used to evaluate Kwong Lung's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6146 | |||
| Semi Deviation | 0.7541 | |||
| Standard Deviation | 0.947 | |||
| Variance | 0.8968 |
Kwong Stock Against Markets
Picking the right benchmark for Kwong Lung 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 Kwong Lung 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 Kwong Lung is critical whether you are bullish or bearish towards Kwong Lung Enterprise at a given time. Please also check how Kwong Lung'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 Kwong Lung 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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Kwong Lung Corporate Directors
Kwong Lung corporate directors refer to members of a Kwong Lung board of directors. The board of directors generally takes responsibility for the Kwong Lung'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 Kwong Lung's board members must vote for the resolution. The Kwong Lung board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Shiguan Lai | Deputy General Manager-General Manager's Office, Director | Profile | |
| ChungHsiung Chen | Director | Profile | |
| Xunxiong Cai | Independent Director | Profile | |
| Zhongxiong Chen | Director | Profile |
How to buy Kwong Stock?
Before investing in Kwong Lung, 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 Kwong Lung. To buy Kwong Lung stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Kwong Lung. 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 Kwong Lung stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Kwong Lung Enterprise 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 Kwong Lung Enterprise 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 Kwong Lung Enterprise, 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 Kwong Lung Enterprise?
The danger of trading Kwong Lung Enterprise 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 Kwong Lung 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 Kwong Lung. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Kwong Lung Enterprise 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 Kwong Lung Enterprise. 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 Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Kwong Stock analysis
When running Kwong Lung's price analysis, check to measure Kwong Lung'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 Kwong Lung is operating at the current time. Most of Kwong Lung's value examination focuses on studying past and present price action to predict the probability of Kwong Lung's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kwong Lung's price. Additionally, you may evaluate how the addition of Kwong Lung to your portfolios can decrease your overall portfolio volatility.
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