Gigastorage Corp (Taiwan) Today
| 2406 Stock | TWD 21.10 0.10 0.47% |
Performance14 of 100
| Odds Of DistressLess than 30
|
Gigastorage Corp is selling for under 21.10 as of the 5th of May 2024; that is -0.47 percent decrease since the beginning of the trading day. The stock's lowest day price was 20.9. Gigastorage Corp has about a 30 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Gigastorage Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of May 2022 and ending today, the 5th of May 2024. Click here to learn more.
Gigastorage Corporation operates in the optoelectronics industry in Taiwan. Gigastorage Corporation was founded in 1997 and is based in Hukou, Taiwan. GIGASTORAGE CORP operates under Computer Hardware classification in Taiwan and is traded on Taiwan Stock Exchange. The company has 350.91 M outstanding shares. More on Gigastorage Corp
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Gigastorage 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. Gigastorage Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Gigastorage Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Jiming Chen |
| Thematic Idea | Data Storage (View all Themes) |
| Business Concentration | Data Storage, Information Technology, Semiconductors & Semiconductor Equipment, Computer Hardware, Technology, Cloud Computing (View all Sectors) |
Gigastorage Corp (2406) is traded on Taiwan Stock Exchange in Taiwan and employs 18 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.83 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Gigastorage Corp's market, we take the total number of its shares issued and multiply it by Gigastorage Corp'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. Gigastorage Corp operates under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 350.91 M outstanding shares.
Gigastorage Corp has accumulated about 3.62 B in cash with 688.75 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 12.66.
Check Gigastorage Corp Probability Of Bankruptcy
Ownership AllocationGigastorage Corp has a total of 350.91 Million outstanding shares. Gigastorage Corp retains 13.83 (percent) of its outstanding shares held by insiders and 3.31 (percent) owned by outside corporations. 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 Gigastorage Ownership Details
Gigastorage Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Gigastorage Corp jumping above the current price in 90 days from now is nearly 4.6%. The Gigastorage Corp probability density function shows the probability of Gigastorage Corp stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Gigastorage Corp has a beta of -0.5172. This suggests as returns on the benchmark increase, returns on holding Gigastorage Corp are expected to decrease at a much lower rate. During a bear market, however, Gigastorage Corp is likely to outperform the market. Additionally, gigastorage Corp has an alpha of 0.3814, implying that it can generate a 0.38 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Gigastorage Corp to move above the current price in 90 days from now is nearly 4.6 (This Gigastorage Corp probability density function shows the probability of Gigastorage Stock to fall within a particular range of prices over 90 days) .
Gigastorage Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Gigastorage Corp market risk premium is the additional return an investor will receive from holding Gigastorage Corp 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 Gigastorage Corp. 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 Gigastorage Corp's alpha and beta are two of the key measurements used to evaluate Gigastorage Corp's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.87 | |||
| Semi Deviation | 1.27 | |||
| Standard Deviation | 2.59 | |||
| Variance | 6.72 |
Gigastorage Stock Against Markets
Picking the right benchmark for Gigastorage Corp 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 Gigastorage Corp 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 Gigastorage Corp is critical whether you are bullish or bearish towards Gigastorage Corp at a given time. Please also check how Gigastorage Corp's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Gigastorage Corp 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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Gigastorage Corp Corporate Directors
Gigastorage Corp corporate directors refer to members of a Gigastorage Corp board of directors. The board of directors generally takes responsibility for the Gigastorage Corp'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 Gigastorage Corp's board members must vote for the resolution. The Gigastorage Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Jinyuan Xie | Director | Profile | |
| Minglang Wang | Independent Director | Profile | |
| Mingshi Li | Director | Profile | |
| Suhui Chen | Director | Profile |
How to buy Gigastorage Stock?
Before investing in Gigastorage Corp, 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 Gigastorage Corp. To buy Gigastorage Corp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Gigastorage Corp. 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 Gigastorage Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Gigastorage Corp 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 Gigastorage Corp 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 Gigastorage Corp, 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 Gigastorage Corp?
The danger of trading Gigastorage Corp 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 Gigastorage Corp 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 Gigastorage Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Gigastorage Corp 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 Gigastorage Corp. 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 Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Gigastorage Stock analysis
When running Gigastorage Corp's price analysis, check to measure Gigastorage Corp'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 Gigastorage Corp is operating at the current time. Most of Gigastorage Corp's value examination focuses on studying past and present price action to predict the probability of Gigastorage Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gigastorage Corp's price. Additionally, you may evaluate how the addition of Gigastorage Corp to your portfolios can decrease your overall portfolio volatility.
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