Shin Hai Gas Stock Beta
| 9926 Stock | TWD 54.80 0.50 0.90% |
Shin Hai Gas fundamentals help investors to digest information that contributes to Shin Hai's financial success or failures. It also enables traders to predict the movement of Shin Stock. The fundamental analysis module provides a way to measure Shin Hai'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 Shin Hai stock.
Shin |
Shin Hai Gas Company Beta Analysis
Shin Hai'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 Shin Hai Beta | 0.16 |
Most of Shin Hai'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, Shin Hai Gas 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, Shin Hai Gas has a Beta of 0.1562. This is 65.29% lower than that of the Gas Utilities sector and 58.89% lower than that of the Utilities industry. The beta for all Taiwan stocks is notably lower than that of the firm.
Shin Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shin Hai'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 Shin Hai could also be used in its relative valuation, which is a method of valuing Shin Hai by comparing valuation metrics of similar companies.Shin Hai is currently under evaluation in beta category among related companies.
As returns on the market increase, Shin Hai's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shin Hai is expected to be smaller as well.
Shin Fundamentals
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0407 | |||
| Profit Margin | 0.20 % | |||
| Operating Margin | 0.21 % | |||
| Current Valuation | 7.02 B | |||
| Shares Outstanding | 179.5 M | |||
| Shares Owned By Insiders | 51.50 % | |||
| Shares Owned By Institutions | 6.92 % | |||
| Price To Earning | 22.29 X | |||
| Price To Book | 2.64 X | |||
| Price To Sales | 4.14 X | |||
| Revenue | 2.14 B | |||
| Gross Profit | 620.6 M | |||
| EBITDA | 862.52 M | |||
| Net Income | 448.5 M | |||
| Cash And Equivalents | 1.76 B | |||
| Cash Per Share | 9.78 X | |||
| Total Debt | 4.03 M | |||
| Debt To Equity | 0.10 % | |||
| Current Ratio | 2.16 X | |||
| Book Value Per Share | 19.29 X | |||
| Cash Flow From Operations | 883.07 M | |||
| Earnings Per Share | 2.52 X | |||
| Number Of Employees | 21 | |||
| Beta | 0.16 | |||
| Market Capitalization | 9.37 B | |||
| Total Asset | 7.42 B | |||
| Retained Earnings | 658 M | |||
| Working Capital | 1 B | |||
| Current Asset | 2.2 B | |||
| Current Liabilities | 1.2 B | |||
| Annual Yield | 0.04 % | |||
| Five Year Return | 3.31 % | |||
| Net Asset | 7.42 B | |||
| Last Dividend Paid | 2.0 |
About Shin Hai Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Shin Hai Gas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shin Hai using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shin Hai Gas 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 Shin Hai 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, Shin Hai's short interest history, or implied volatility extrapolated from Shin Hai options trading.
Thematic Opportunities
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shin Hai Gas. 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Shin Stock analysis
When running Shin Hai's price analysis, check to measure Shin Hai'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 Shin Hai is operating at the current time. Most of Shin Hai's value examination focuses on studying past and present price action to predict the probability of Shin Hai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shin Hai's price. Additionally, you may evaluate how the addition of Shin Hai to your portfolios can decrease your overall portfolio volatility.
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