China Television (Taiwan) Today

9928 Stock  TWD 17.15  0.05  0.29%   

Performance

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Odds Of Distress

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China Television is selling for under 17.15 as of the 25th of April 2024; that is 0.29 percent increase since the beginning of the trading day. The stock's lowest day price was 16.9. China Television has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for China Television Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2023 and ending today, the 25th of April 2024. Click here to learn more.
China Television Company, Ltd. engages in the television broadcast business in Taiwan. The company was founded in 1968 and is based in Taipei, Taiwan. CHINA TELEVISION is traded on Taiwan Stock Exchange in Taiwan. The company has 60.72 M outstanding shares. More on China Television Co

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China 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. China Television's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding China Television or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman of the BoardChiaYu Chiu
Business ConcentrationCommunication Services, Media, Broadcasting - TV, Consumer Cyclical (View all Sectors)
China Television Co (9928) is traded on Taiwan Stock Exchange in Taiwan and employs 30 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.27 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate China Television's market, we take the total number of its shares issued and multiply it by China Television'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. China Television operates under Media sector and is part of Communication Services industry. The entity has 60.72 M outstanding shares. China Television Co has accumulated about 127.72 M in cash with 69.58 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.85.
Check China Television Probability Of Bankruptcy
Ownership Allocation
China Television retains a total of 60.72 Million outstanding shares. China Television Co shows 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. 80.49 percent of China Television outstanding shares that are owned by insiders signifies that 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 China Ownership Details

China Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of China Television jumping above the current price in 90 days from now is about 79.1%. The China Television Co probability density function shows the probability of China Television stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon China Television Co has a beta of -1.1124. This suggests Additionally, china Television Co has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 17.15HorizonTargetOdds Above 17.15
20.78%90 days
 17.15 
79.10%
Based on a normal probability distribution, the odds of China Television to move above the current price in 90 days from now is about 79.1 (This China Television Co probability density function shows the probability of China Stock to fall within a particular range of prices over 90 days) .

China Television Risk Profiles

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

China Stock Against Markets

Picking the right benchmark for China Television 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 China Television 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 China Television is critical whether you are bullish or bearish towards China Television Co at a given time. Please also check how China Television'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 China Television 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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China Television Corporate Directors

China Television corporate directors refer to members of a China Television board of directors. The board of directors generally takes responsibility for the China Television'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 China Television's board members must vote for the resolution. The China Television board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Qiaoqi WangDirectorProfile
Mingheng JiangDeputy Director of TV ProgramsProfile
Limin YangDirectorProfile
Yongqing ChenIndependent DirectorProfile

How to buy China Stock?

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

The danger of trading China Television 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 China Television 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 China Television. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile China Television 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 China Television 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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