Thye Ming (Taiwan) Today

9927 Stock  TWD 74.60  0.80  1.06%   

Performance

6 of 100

 
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High
Modest

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Thye Ming is selling for under 74.60 as of the 28th of March 2024; that is -1.06 percent decrease since the beginning of the trading day. The stock's lowest day price was 74.3. Thye Ming has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Thye Ming Industrial are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Thye Ming Industrial Co., Ltd. manufactures and sells lead alloys and lead oxide in Asia. The company was founded in 1994 and is based in Kaohsiung, Taiwan. THYE MING is traded on Taiwan Stock Exchange in Taiwan. The company has 167.32 M outstanding shares. More on Thye Ming Industrial

Moving together with Thye Stock

  0.763533 LotesPairCorr

Moving against Thye Stock

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  0.439962 Yeou Yih SteelPairCorr
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Thye 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. Thye Ming's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Thye Ming or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman of the BoardFengming Chen
Thematic IdeaHeavy Metals (View all Themes)
Business ConcentrationHeavy Metals, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors)
Thye Ming Industrial (9927) is traded on Taiwan Stock Exchange in Taiwan and employs 21 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.37 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Thye Ming's market, we take the total number of its shares issued and multiply it by Thye Ming'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. Thye Ming Industrial operates under Metals & Mining sector and is part of Materials industry. The entity has 167.32 M outstanding shares. Thye Ming Industrial has accumulated about 2.16 B in cash with 794.88 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.31.
Check Thye Ming Probability Of Bankruptcy
Ownership Allocation
Thye Ming Industrial shows a total of 167.32 Million outstanding shares. Thye Ming Industrial maintains 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 owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Thye Ownership Details

Thye Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Thye Ming jumping above the current price in 90 days from now is about 13.35%. The Thye Ming Industrial probability density function shows the probability of Thye Ming stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Thye Ming Industrial has a beta of -0.0693. This suggests as returns on benchmark increase, returns on holding Thye Ming are expected to decrease at a much lower rate. During the bear market, however, Thye Ming Industrial is likely to outperform the market. Additionally, thye Ming Industrial has an alpha of 0.1, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 74.6HorizonTargetOdds Above 74.6
86.52%90 days
 74.60 
13.35%
Based on a normal probability distribution, the odds of Thye Ming to move above the current price in 90 days from now is about 13.35 (This Thye Ming Industrial probability density function shows the probability of Thye Stock to fall within a particular range of prices over 90 days) .

Thye Ming Industrial Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Thye Ming market risk premium is the additional return an investor will receive from holding Thye Ming 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 Thye Ming. 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 Thye Ming's alpha and beta are two of the key measurements used to evaluate Thye Ming's performance over the market, the standard measures of volatility play an important role as well.

Thye Stock Against Markets

Picking the right benchmark for Thye Ming 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 Thye Ming 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 Thye Ming is critical whether you are bullish or bearish towards Thye Ming Industrial at a given time. Please also check how Thye Ming'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 Thye Ming 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.

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Thye Ming Corporate Directors

Thye Ming corporate directors refer to members of a Thye Ming board of directors. The board of directors generally takes responsibility for the Thye Ming'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 Thye Ming's board members must vote for the resolution. The Thye Ming board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Maosheng LiGeneral Manager, DirectorProfile
Qilin ChenDirectorProfile
Jindeng LiDirectorProfile
Yiling ChenIndependent DirectorProfile

How to buy Thye Stock?

Before investing in Thye Ming, 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 Thye Ming. To buy Thye Ming stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Thye Ming. 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 Thye Ming stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Thye Ming Industrial 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 Thye Ming Industrial 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 Thye Ming Industrial, 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 Thye Ming Industrial?

The danger of trading Thye Ming Industrial 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 Thye Ming 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 Thye Ming. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Thye Ming Industrial 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 Thye Ming Industrial. 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Thye Stock analysis

When running Thye Ming's price analysis, check to measure Thye Ming'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 Thye Ming is operating at the current time. Most of Thye Ming's value examination focuses on studying past and present price action to predict the probability of Thye Ming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thye Ming's price. Additionally, you may evaluate how the addition of Thye Ming to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Thye Ming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thye Ming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thye Ming's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.