Hong Tai (Taiwan) Performance
| 1612 Stock | TWD 36.70 0.60 1.61% |
On a scale of 0 to 100, Hong Tai holds a performance score of 13. The company retains a Market Volatility (i.e., Beta) of -1.12, which attests to a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Hong Tai are expected to decrease slowly. On the other hand, during market turmoil, Hong Tai is expected to outperform it slightly. Please check Hong Tai's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Hong Tai's current trending patterns will revert.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Hong Tai Electric are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Hong Tai showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 821.3 M | |
| Total Cashflows From Investing Activities | 2.5 B |
Hong |
Hong Tai Relative Risk vs. Return Landscape
If you would invest 2,735 in Hong Tai Electric on February 1, 2024 and sell it today you would earn a total of 935.00 from holding Hong Tai Electric or generate 34.19% return on investment over 90 days. Hong Tai Electric is generating 0.6064% of daily returns and assumes 3.529% volatility on return distribution over the 90 days horizon. Simply put, 31% of stocks are less volatile than Hong, and 88% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hong Tai Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hong Tai's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hong Tai Electric, and traders can use it to determine the average amount a Hong Tai's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1718
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 1612 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.53 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Hong Tai is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hong Tai by adding it to a well-diversified portfolio.
Hong Tai Fundamentals Growth
Hong Stock prices reflect investors' perceptions of the future prospects and financial health of Hong Tai, and Hong Tai fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Hong Stock performance.
| Return On Equity | 0.39 | |||
| Return On Asset | 0.0287 | |||
| Profit Margin | 0.40 % | |||
| Operating Margin | 0.06 % | |||
| Current Valuation | 3.23 B | |||
| Shares Outstanding | 316.08 M | |||
| Price To Earning | 16.26 X | |||
| Price To Book | 0.75 X | |||
| Price To Sales | 0.87 X | |||
| Revenue | 6.31 B | |||
| EBITDA | 2.93 B | |||
| Cash And Equivalents | 751.84 M | |||
| Cash Per Share | 2.38 X | |||
| Total Debt | 236.27 M | |||
| Debt To Equity | 5.00 % | |||
| Book Value Per Share | 21.93 X | |||
| Cash Flow From Operations | 5.77 M | |||
| Earnings Per Share | 7.74 X | |||
| Total Asset | 8.74 B | |||
| Retained Earnings | 1.29 B | |||
| Current Asset | 2.55 B | |||
| Current Liabilities | 650 M | |||
About Hong Tai Performance
To evaluate Hong Tai Electric Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Hong Tai generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Hong Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Hong Tai Electric market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Hong's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Hong Tai Electric Industrial Co., Ltd. primarily manufactures and sells electrical wires and cables. Hong Tai Electric Industrial Co., Ltd. was founded in 1968 and is headquartered in Taipei City, Taiwan. HONG TAI operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Hong Tai Electric performance evaluation
Checking the ongoing alerts about Hong Tai for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hong Tai Electric help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hong Tai Electric appears to be risky and price may revert if volatility continues | |
| About 42.0% of the company shares are owned by insiders or employees |
- Analyzing Hong Tai's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Hong Tai's stock is overvalued or undervalued compared to its peers.
- Examining Hong Tai's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Hong Tai's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hong Tai's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hong Tai's stock. These opinions can provide insight into Hong Tai's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hong Tai Electric. 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Hong Stock analysis
When running Hong Tai's price analysis, check to measure Hong Tai'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 Hong Tai is operating at the current time. Most of Hong Tai's value examination focuses on studying past and present price action to predict the probability of Hong Tai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hong Tai's price. Additionally, you may evaluate how the addition of Hong Tai to your portfolios can decrease your overall portfolio volatility.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |