Hong Ho Financials
| 1446 Stock | TWD 54.80 0.70 1.29% |
Hong |
Understanding current and past Hong Ho Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hong Ho's financial statements are interrelated, with each one affecting the others. For example, an increase in Hong Ho's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Hong Ho's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Hong Ho Precision. Check Hong Ho's Beneish M Score to see the likelihood of Hong Ho's management manipulating its earnings.
Hong Ho Stock Summary
Hong Ho competes with Everest Textile, Hong Yi, Yi Jinn, Carnival Industrial, and Chyang Sheng. Hong Ho Precision Textile Co. Ltd. operates as a vertical integrated fabric manufacturer from textured yarn production through preparation, weaving, and dyeing process in Taiwan.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0001446003 |
| Business Address | No 473, Zhongshan |
| Sector | Textiles, Apparel & Luxury Goods |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.hongho.com.tw |
| Phone | 886 6 233 3133 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Hong Ho without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Hong Stock, because this is throwing your money away. Analyzing the key information contained in Hong Ho's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Hong Ho Key Financial Ratios
There are many critical financial ratios that Hong Ho's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Hong Ho Precision reports annually and quarterly.| Return On Equity | -0.0112 | |||
| Return On Asset | -0.0057 | |||
| Target Price | 27.0 | |||
| Beta | 0.6 | |||
| Z Score | 38.4 |
Hong Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hong Ho's current stock value. Our valuation model uses many indicators to compare Hong Ho value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hong Ho competition to find correlations between indicators driving Hong Ho's intrinsic value. More Info.Hong Ho Precision is rated fifth in return on equity category among its peers. It also is rated fifth in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hong Ho's earnings, one of the primary drivers of an investment's value.Hong Ho Precision Systematic Risk
Hong Ho's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hong Ho volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Hong Ho Precision correlated with the market. If Beta is less than 0 Hong Ho generally moves in the opposite direction as compared to the market. If Hong Ho Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hong Ho Precision is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hong Ho is generally in the same direction as the market. If Beta > 1 Hong Ho moves generally in the same direction as, but more than the movement of the benchmark.
Hong Ho November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Hong Ho help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hong Ho Precision. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hong Ho Precision based on widely used predictive technical indicators. In general, we focus on analyzing Hong Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hong Ho's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.83 | |||
| Information Ratio | 0.0283 | |||
| Maximum Drawdown | 16.47 | |||
| Value At Risk | (3.44) | |||
| Potential Upside | 5.13 |
Additional Tools for Hong Stock Analysis
When running Hong Ho's price analysis, check to measure Hong Ho'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 Ho is operating at the current time. Most of Hong Ho's value examination focuses on studying past and present price action to predict the probability of Hong Ho'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 Ho's price. Additionally, you may evaluate how the addition of Hong Ho to your portfolios can decrease your overall portfolio volatility.