Azion Stock Beta
| 6148 Stock | TWD 30.60 0.10 0.33% |
Azion fundamentals help investors to digest information that contributes to Azion's financial success or failures. It also enables traders to predict the movement of Azion Stock. The fundamental analysis module provides a way to measure Azion's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Azion stock.
Azion |
Azion Company Beta Analysis
Azion's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Azion Beta | 0.47 |
Most of Azion's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Azion is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Azion has a Beta of 0.4684. This is 55.81% lower than that of the Technology sector and 85.18% lower than that of the Communication Equipment industry. The beta for all Taiwan stocks is notably lower than that of the firm.
Azion Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Azion's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Azion could also be used in its relative valuation, which is a method of valuing Azion by comparing valuation metrics of similar companies.Azion is currently under evaluation in beta category among related companies.
As returns on the market increase, Azion's returns are expected to increase less than the market. However, during the bear market, the loss of holding Azion is expected to be smaller as well.
Azion Fundamentals
| Return On Equity | 0.0834 | |||
| Return On Asset | 0.024 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 451.93 M | |||
| Shares Outstanding | 45.65 M | |||
| Shares Owned By Insiders | 45.89 % | |||
| Price To Book | 1.13 X | |||
| Price To Sales | 1.06 X | |||
| Revenue | 631.84 M | |||
| Gross Profit | 161.15 M | |||
| EBITDA | 71.26 M | |||
| Net Income | 44.74 M | |||
| Total Debt | 183.02 M | |||
| Book Value Per Share | 11.27 X | |||
| Cash Flow From Operations | 77.09 M | |||
| Earnings Per Share | 0.97 X | |||
| Number Of Employees | 14 | |||
| Beta | 0.47 | |||
| Market Capitalization | 673.4 M | |||
| Total Asset | 1.15 B | |||
| Z Score | 1.8 | |||
| Annual Yield | 0.07 % | |||
| Net Asset | 1.15 B | |||
| Last Dividend Paid | 1.0 |
About Azion Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Azion's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Azion using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Azion based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Azion in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Azion's short interest history, or implied volatility extrapolated from Azion options trading.
Thematic Opportunities
Explore Investment Opportunities
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Azion. 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Azion Stock analysis
When running Azion's price analysis, check to measure Azion'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 Azion is operating at the current time. Most of Azion's value examination focuses on studying past and present price action to predict the probability of Azion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azion's price. Additionally, you may evaluate how the addition of Azion to your portfolios can decrease your overall portfolio volatility.
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