Rodex Fasteners (Taiwan) Today
| 5015 Stock | TWD 45.15 0.05 0.11% |
Performance6 of 100
| Odds Of DistressLess than 9
|
Rodex Fasteners is selling for under 45.15 as of the 3rd of May 2024; that is 0.11% increase since the beginning of the trading day. The stock's lowest day price was 45.05. Rodex Fasteners has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Rodex Fasteners are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2024 and ending today, the 3rd of May 2024. Click here to learn more.
Moving together with Rodex Stock
| 0.64 | 1527 | Basso Industry Corp | PairCorr |
Moving against Rodex Stock
| 0.7 | 1303 | Nan Ya Plastics | PairCorr |
| 0.49 | 2615 | Wan Hai Lines | PairCorr |
| 0.43 | 4163 | Intai Technology | PairCorr |
| 0.43 | 3481 | Innolux Corp | PairCorr |
| 0.41 | 2609 | Yang Ming Marine | PairCorr |
Follow Valuation Odds of Bankruptcy
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Rodex 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. Rodex Fasteners' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Rodex Fasteners or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Mingyan Ye |
| Business Concentration | Tools & Accessories, Industrials (View all Sectors) |
Rodex Fasteners (5015) is traded on Taiwan OTC Exchange in Taiwan and employs 10 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.42 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Rodex Fasteners's market, we take the total number of its shares issued and multiply it by Rodex Fasteners'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. Rodex Fasteners operates under Industrials sector and is part of Tools & Accessories industry. The entity has 60.64 M outstanding shares.
Rodex Fasteners generates negative cash flow from operations
Check Rodex Fasteners Probability Of Bankruptcy
Ownership AllocationRodex Fasteners has a total of 60.64 Million outstanding shares. Rodex Fasteners has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Rodex Ownership Details
Rodex Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Rodex Fasteners jumping above the current price in 90 days from now is about 8.66%. The Rodex Fasteners probability density function shows the probability of Rodex Fasteners stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Rodex Fasteners has a beta of 0.0285. This suggests as returns on the market go up, Rodex Fasteners average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Rodex Fasteners will be expected to be much smaller as well. Additionally, rodex Fasteners has an alpha of 0.0246, implying that it can generate a 0.0246 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Rodex Fasteners to move above the current price in 90 days from now is about 8.66 (This Rodex Fasteners probability density function shows the probability of Rodex Stock to fall within a particular range of prices over 90 days) .
Rodex Fasteners Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Rodex Fasteners market risk premium is the additional return an investor will receive from holding Rodex Fasteners 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 Rodex Fasteners. 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 Rodex Fasteners' alpha and beta are two of the key measurements used to evaluate Rodex Fasteners' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4499 | |||
| Semi Deviation | 0.5006 | |||
| Standard Deviation | 0.6175 | |||
| Variance | 0.3813 |
Rodex Stock Against Markets
Picking the right benchmark for Rodex Fasteners 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 Rodex Fasteners 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 Rodex Fasteners is critical whether you are bullish or bearish towards Rodex Fasteners at a given time. Please also check how Rodex Fasteners' 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 Rodex Fasteners 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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SectorsList of equity sectors categorizing publicly traded companies based on their primary business activities |
| All Next | Launch Module |
Rodex Fasteners Corporate Directors
Rodex Fasteners corporate directors refer to members of a Rodex Fasteners board of directors. The board of directors generally takes responsibility for the Rodex Fasteners' 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 Rodex Fasteners' board members must vote for the resolution. The Rodex Fasteners board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Shunli Zhang | General Manager, Director | Profile | |
| Changhuang Cao | Director | Profile | |
| Zhengyan Ye | Director | Profile | |
| Zhengji Yang | Director | Profile |
How to buy Rodex Stock?
Before investing in Rodex Fasteners, 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 Rodex Fasteners. To buy Rodex Fasteners stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Rodex Fasteners. 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 Rodex Fasteners stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Rodex Fasteners 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 Rodex Fasteners 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 Rodex Fasteners, 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 Rodex Fasteners?
The danger of trading Rodex Fasteners 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 Rodex Fasteners 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 Rodex Fasteners. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Rodex Fasteners 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 Rodex Fasteners. 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Rodex Stock analysis
When running Rodex Fasteners' price analysis, check to measure Rodex Fasteners' 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 Rodex Fasteners is operating at the current time. Most of Rodex Fasteners' value examination focuses on studying past and present price action to predict the probability of Rodex Fasteners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rodex Fasteners' price. Additionally, you may evaluate how the addition of Rodex Fasteners to your portfolios can decrease your overall portfolio volatility.
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