Merida Industry (Taiwan) Today
| 9914 Stock | TWD 229.50 3.50 1.50% |
Performance19 of 100
| Odds Of DistressLess than 9
|
Merida Industry is selling for under 229.50 as of the 16th of April 2024; that is -1.5 percent decrease since the beginning of the trading day. The stock's lowest day price was 227.5. Merida Industry has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Merida Industry Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
Merida Industry Co., Ltd. engages in the processing, manufacture, and sale of bicycles and its components in Taiwan, rest of Asia, Europe, and internationally. Merida Industry Co., Ltd. was founded in 1972 and is headquartered in Changhua, Taiwan. MERIDA INDUSTRY operates under Leisure classification in Taiwan and is traded on Taiwan Stock Exchange.. The company has 298.98 M outstanding shares. More on Merida Industry Co
Moving together with Merida Stock
| 0.75 | 2072 | Century Wind Power | PairCorr |
| 0.88 | 4768 | Ingentec | PairCorr |
| 0.91 | 0051 | YuantaP shares Taiwan | PairCorr |
| 0.89 | 0053 | YuantaP shares Taiwan | PairCorr |
| 0.89 | 0057 | Fubon MSCI Taiwan | PairCorr |
Moving against Merida Stock
| 0.64 | 6763 | Green World Fintech | PairCorr |
| 0.59 | 4546 | Chaheng Precision | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Merida 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. Merida Industry's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Merida Industry or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Vice Chairman of the Board | SungLing Tseng |
| Business Concentration | Consumer Discretionary, Leisure Products, Leisure, Consumer Cyclical (View all Sectors) |
Merida Industry Co (9914) is traded on Taiwan Stock Exchange in Taiwan and employs 31 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 55.91 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Merida Industry's market, we take the total number of its shares issued and multiply it by Merida Industry'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. Merida Industry operates under Leisure Products sector and is part of Consumer Discretionary industry. The entity has 298.98 M outstanding shares.
Merida Industry Co has accumulated about 5.02 B in cash with 787.7 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.8.
Check Merida Industry Probability Of Bankruptcy
Ownership AllocationMerida Industry Co holds a total of 298.98 Million outstanding shares. Merida Industry Co 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. 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 Merida Ownership Details
Merida Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Merida Industry jumping above the current price in 90 days from now is under 4%. The Merida Industry Co probability density function shows the probability of Merida Industry stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Merida Industry Co has a beta of -0.7067. This suggests as returns on the benchmark increase, returns on holding Merida Industry are expected to decrease at a much lower rate. During a bear market, however, Merida Industry Co is likely to outperform the market. Additionally, merida Industry Co has an alpha of 0.4303, implying that it can generate a 0.43 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Merida Industry to move above the current price in 90 days from now is under 4 (This Merida Industry Co probability density function shows the probability of Merida Stock to fall within a particular range of prices over 90 days) .
Merida Industry Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Merida Industry market risk premium is the additional return an investor will receive from holding Merida Industry 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 Merida Industry. 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 Merida Industry's alpha and beta are two of the key measurements used to evaluate Merida Industry's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.6 | |||
| Semi Deviation | 1.19 | |||
| Standard Deviation | 2.44 | |||
| Variance | 5.97 |
Merida Stock Against Markets
Picking the right benchmark for Merida Industry 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 Merida Industry 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 Merida Industry is critical whether you are bullish or bearish towards Merida Industry Co at a given time. Please also check how Merida Industry'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 Merida Industry 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?
Run Money Flow Index Now
Money Flow IndexDetermine momentum by analyzing Money Flow Index and other technical indicators |
| All Next | Launch Module |
Merida Industry Corporate Directors
Merida Industry corporate directors refer to members of a Merida Industry board of directors. The board of directors generally takes responsibility for the Merida Industry'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 Merida Industry's board members must vote for the resolution. The Merida Industry board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Qibin Yuan | Deputy General Manager-Production Coordinating Center, Director | Profile | |
| Shuijin Chen | Independent Director | Profile | |
| ShuiChin Chen | Independent Director | Profile | |
| Ruding Lai | Deputy General Manager-Manufacture Affair Department, Director | Profile |
How to buy Merida Stock?
Before investing in Merida Industry, 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 Merida Industry. To buy Merida Industry stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Merida Industry. 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 Merida Industry stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Merida Industry 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 Merida Industry 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 Merida Industry 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 Merida Industry Co?
The danger of trading Merida Industry 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 Merida Industry 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 Merida Industry. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Merida Industry 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 Merida Industry 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Merida Stock analysis
When running Merida Industry's price analysis, check to measure Merida Industry'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 Merida Industry is operating at the current time. Most of Merida Industry's value examination focuses on studying past and present price action to predict the probability of Merida Industry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merida Industry's price. Additionally, you may evaluate how the addition of Merida Industry to your portfolios can decrease your overall portfolio volatility.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |