MEGA International (Taiwan) Performance
| 5529 Stock | TWD 33.55 0.40 1.21% |
MEGA International holds a performance score of 23 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.49, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MEGA International's returns are expected to increase less than the market. However, during the bear market, the loss of holding MEGA International is expected to be smaller as well. Use MEGA International market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to analyze future returns on MEGA International.
Risk-Adjusted Performance
23 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in MEGA International Development are ranked lower than 23 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, MEGA International showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 19.4 M | |
| Total Cashflows From Investing Activities | 78.9 M |
MEGA |
MEGA International Relative Risk vs. Return Landscape
If you would invest 1,995 in MEGA International Development on February 3, 2024 and sell it today you would earn a total of 1,360 from holding MEGA International Development or generate 68.17% return on investment over 90 days. MEGA International Development is generating 1.0214% of daily returns and assumes 3.3778% volatility on return distribution over the 90 days horizon. Simply put, 29% of stocks are less volatile than MEGA, and 80% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
MEGA International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MEGA International's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as MEGA International Development, and traders can use it to determine the average amount a MEGA International'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 = 0.3024
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 5529 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.38 actual daily | 29 71% of assets are more volatile |
Expected Return
| 1.02 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average MEGA International is performing at about 23% 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 MEGA International by adding it to a well-diversified portfolio.
MEGA International Fundamentals Growth
MEGA Stock prices reflect investors' perceptions of the future prospects and financial health of MEGA International, and MEGA International 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 MEGA Stock performance.
| Return On Equity | -0.12 | |||
| Return On Asset | -0.023 | |||
| Profit Margin | (1.20) % | |||
| Operating Margin | (0.88) % | |||
| Current Valuation | 3.37 B | |||
| Shares Outstanding | 124.05 M | |||
| Price To Book | 1.81 X | |||
| Price To Sales | 17.48 X | |||
| Revenue | 46.77 M | |||
| EBITDA | (80.96 M) | |||
| Cash And Equivalents | 272.28 M | |||
| Cash Per Share | 2.61 X | |||
| Total Debt | 69.28 M | |||
| Debt To Equity | 310.20 % | |||
| Book Value Per Share | 7.17 X | |||
| Cash Flow From Operations | (595.88 M) | |||
| Earnings Per Share | (1.05) X | |||
| Total Asset | 1.53 B | |||
About MEGA International Performance
To evaluate MEGA International 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 MEGA International 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 MEGA 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 MEGA International market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents MEGA'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.Well Glory Development Co., Ltd. engages in the construction, development, sale, and lease of residential and commercial, and leisure properties in Taiwan. Well Glory Development Co., Ltd. was founded in 1970 and is headquartered in Hsinchu, Taiwan. WELL GLORY is traded on Taiwan OTC Exchange in Taiwan.Things to note about MEGA International performance evaluation
Checking the ongoing alerts about MEGA International for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for MEGA International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| MEGA International appears to be risky and price may revert if volatility continues | |
| MEGA International has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 69.28 M in total debt with debt to equity ratio (D/E) of 310.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. MEGA International has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist MEGA International until it has trouble settling it off, either with new capital or with free cash flow. So, MEGA International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MEGA International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MEGA to invest in growth at high rates of return. When we think about MEGA International's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 46.77 M. Net Loss for the year was (116.99 M) with profit before overhead, payroll, taxes, and interest of 13.73 M. | |
| MEGA International Development has accumulated about 272.28 M in cash with (595.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.61. | |
| Roughly 74.0% of MEGA International shares are owned by insiders or employees |
- Analyzing MEGA International'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 MEGA International's stock is overvalued or undervalued compared to its peers.
- Examining MEGA International'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 MEGA International's management team can have a significant impact on its success or failure. Reviewing the track record and experience of MEGA International's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MEGA International's stock. These opinions can provide insight into MEGA International'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 MEGA International Development. 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for MEGA Stock analysis
When running MEGA International's price analysis, check to measure MEGA International'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 MEGA International is operating at the current time. Most of MEGA International's value examination focuses on studying past and present price action to predict the probability of MEGA International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MEGA International's price. Additionally, you may evaluate how the addition of MEGA International to your portfolios can decrease your overall portfolio volatility.
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