Jung Shing (Taiwan) Today
| 1617 Stock | TWD 24.00 0.35 1.44% |
Performance13 of 100
| Odds Of DistressLess than 9
|
Jung Shing is selling for under 24.00 as of the 4th of May 2024; that is -1.44 percent decrease since the beginning of the trading day. The stock's lowest day price was 24.0. Jung Shing has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Jung Shing Wire are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of April 2024 and ending today, the 4th of May 2024. Click here to learn more.
Jung Shing Wire Co., Ltd. manufactures and sells magnet wires. The company was founded in 1971 and is based in Tainan City, Taiwan. JUNG SHING operates under Electronics Distribution classification in Taiwan and is traded on Taiwan Stock Exchange. The company has 157.73 M outstanding shares. More on Jung Shing Wire
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Follow Valuation Odds of Bankruptcy
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Jung 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. Jung Shing's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Jung Shing or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Vice Chairman of the Board | Dongzheng Wang |
| Business Concentration | Industrials, Electrical Equipment, Electronics Distribution, Technology (View all Sectors) |
Jung Shing Wire (1617) is traded on Taiwan Stock Exchange in Taiwan and employs 17 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.35 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Jung Shing's market, we take the total number of its shares issued and multiply it by Jung Shing'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. Jung Shing Wire operates under Electrical Equipment sector and is part of Industrials industry. The entity has 157.73 M outstanding shares.
Jung Shing Wire has accumulated about 960.88 M in cash with 93.83 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.66.
Check Jung Shing Probability Of Bankruptcy
Ownership AllocationJung Shing Wire has a total of 157.73 Million outstanding shares. Jung Shing retains 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. 68.62 (percent) of Jung Shing outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Jung Ownership Details
Jung Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Jung Shing jumping above the current price in 90 days from now is about 5.61%. The Jung Shing Wire probability density function shows the probability of Jung Shing stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Jung Shing has a beta of 0.6695. This suggests as returns on the market go up, Jung Shing average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jung Shing Wire will be expected to be much smaller as well. Additionally, jung Shing Wire has an alpha of 0.66, implying that it can generate a 0.66 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Jung Shing to move above the current price in 90 days from now is about 5.61 (This Jung Shing Wire probability density function shows the probability of Jung Stock to fall within a particular range of prices over 90 days) .
Jung Shing Wire Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Jung Shing market risk premium is the additional return an investor will receive from holding Jung Shing 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 Jung Shing. 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 Jung Shing's alpha and beta are two of the key measurements used to evaluate Jung Shing's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.85 | |||
| Semi Deviation | 2.74 | |||
| Standard Deviation | 4.21 | |||
| Variance | 17.68 |
Jung Stock Against Markets
Picking the right benchmark for Jung Shing 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 Jung Shing 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 Jung Shing is critical whether you are bullish or bearish towards Jung Shing Wire at a given time. Please also check how Jung Shing'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 Jung Shing 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.Did you try this?
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Jung Shing Corporate Directors
Jung Shing corporate directors refer to members of a Jung Shing board of directors. The board of directors generally takes responsibility for the Jung Shing'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 Jung Shing's board members must vote for the resolution. The Jung Shing board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Dongze Wang | Deputy General Manager, Director | Profile | |
| Huiling Fang | Independent Director | Profile | |
| Fumikazu Sano | Director | Profile | |
| Guochao Hong | Independent Director | Profile |
How to buy Jung Stock?
Before investing in Jung Shing, 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 Jung Shing. To buy Jung Shing stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Jung Shing. 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 Jung Shing stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Jung Shing Wire 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 Jung Shing Wire 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 Jung Shing Wire, 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 Jung Shing Wire?
The danger of trading Jung Shing Wire 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 Jung Shing 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 Jung Shing. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Jung Shing Wire 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 Jung Shing Wire. 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Jung Stock analysis
When running Jung Shing's price analysis, check to measure Jung Shing'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 Jung Shing is operating at the current time. Most of Jung Shing's value examination focuses on studying past and present price action to predict the probability of Jung Shing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jung Shing's price. Additionally, you may evaluate how the addition of Jung Shing to your portfolios can decrease your overall portfolio volatility.
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