Cathay Financial Financials
| 2882 Stock | TWD 65.70 0.60 0.90% |
Cathay |
Understanding current and past Cathay Financial Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cathay Financial's financial statements are interrelated, with each one affecting the others. For example, an increase in Cathay Financial's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Cathay Financial's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cathay Financial Holding. Check Cathay Financial's Beneish M Score to see the likelihood of Cathay Financial's management manipulating its earnings.
Cathay Financial Stock Summary
Cathay Financial competes with Central Reinsurance, Huaku Development, Fubon Financial, and CTBC Financial. Cathay Financial Holding Co., Ltd., through its subsidiaries, provides various financial services in Taiwan. Cathay Financial Holding Co., Ltd. was founded in 2001 and is based in Taipei City, Taiwan. CATHAY FINANCIAL operates under Asset Management classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 54520 people.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002882008 |
| Business Address | No 296, Renai |
| Sector | Insurance |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Website | www.cathayholdings.com |
| Phone | 886 2 2708 7698 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Cathay Financial without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Cathay Stock, because this is throwing your money away. Analyzing the key information contained in Cathay Financial's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Cathay Financial Key Financial Ratios
There are many critical financial ratios that Cathay Financial's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Cathay Financial Holding reports annually and quarterly.| Return On Equity | 0.12 | |||
| Return On Asset | -0.0129 | |||
| Target Price | 49.2 | |||
| Beta | 0.61 | |||
| Z Score | 1.2 |
Cathay Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cathay Financial's current stock value. Our valuation model uses many indicators to compare Cathay Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cathay Financial competition to find correlations between indicators driving Cathay Financial's intrinsic value. More Info.Cathay Financial Holding is rated second in return on equity category among its peers. It is rated third 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 Cathay Financial's earnings, one of the primary drivers of an investment's value.Cathay Financial Holding Systematic Risk
Cathay Financial's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cathay Financial 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 Cathay Financial Holding correlated with the market. If Beta is less than 0 Cathay Financial generally moves in the opposite direction as compared to the market. If Cathay Financial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cathay Financial Holding is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cathay Financial is generally in the same direction as the market. If Beta > 1 Cathay Financial moves generally in the same direction as, but more than the movement of the benchmark.
Cathay Financial November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cathay Financial help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cathay Financial Holding. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cathay Financial Holding based on widely used predictive technical indicators. In general, we focus on analyzing Cathay Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cathay Financial's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.26 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 5.19 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 1.79 |
Additional Tools for Cathay Stock Analysis
When running Cathay Financial's price analysis, check to measure Cathay Financial'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 Cathay Financial is operating at the current time. Most of Cathay Financial's value examination focuses on studying past and present price action to predict the probability of Cathay Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay Financial's price. Additionally, you may evaluate how the addition of Cathay Financial to your portfolios can decrease your overall portfolio volatility.