Novatek Microelectronics Financials
| 3034 Stock | TWD 484.00 1.00 0.21% |
Novatek |
Understanding current and past Novatek Microelectronics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Novatek Microelectronics' financial statements are interrelated, with each one affecting the others. For example, an increase in Novatek Microelectronics' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Novatek Microelectronics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Novatek Microelectronics Corp. Check Novatek Microelectronics' Beneish M Score to see the likelihood of Novatek Microelectronics' management manipulating its earnings.
Novatek Microelectronics Stock Summary
Novatek Microelectronics competes with United Microelectronics, and Winbond Electronics. Novatek Microelectronics Corp. and its subsidiaries research, develop, manufacture, and sell integrated circuit chips for speech, communication, computer peripheral, LCD driver IC system, embedded MCU, DSP, and system applications. Novatek Microelectronics Corp. was founded in 1997 and is headquartered in Hsinchu, Taiwan. NOVATEK MICROELECTRONICS operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0003034005 |
| Business Address | No 13, Innovation |
| Sector | Semiconductors & Semiconductor Equipment |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.novatek.com.tw |
| Phone | 886 3 567 0889 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Novatek Microelectronics without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Novatek Stock, because this is throwing your money away. Analyzing the key information contained in Novatek Microelectronics' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Novatek Microelectronics Key Financial Ratios
There are many critical financial ratios that Novatek Microelectronics' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Novatek Microelectronics reports annually and quarterly.Novatek Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Novatek Microelectronics's current stock value. Our valuation model uses many indicators to compare Novatek Microelectronics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Novatek Microelectronics competition to find correlations between indicators driving Novatek Microelectronics's intrinsic value. More Info.Novatek Microelectronics Corp is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.61 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Novatek Microelectronics Corp is roughly 1.64 . 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 Novatek Microelectronics' earnings, one of the primary drivers of an investment's value.Novatek Microelectronics Systematic Risk
Novatek Microelectronics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Novatek Microelectronics 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 Novatek Microelectronics correlated with the market. If Beta is less than 0 Novatek Microelectronics generally moves in the opposite direction as compared to the market. If Novatek Microelectronics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Novatek Microelectronics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Novatek Microelectronics is generally in the same direction as the market. If Beta > 1 Novatek Microelectronics moves generally in the same direction as, but more than the movement of the benchmark.
Novatek Microelectronics December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Novatek Microelectronics help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Novatek Microelectronics Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Novatek Microelectronics Corp based on widely used predictive technical indicators. In general, we focus on analyzing Novatek Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Novatek Microelectronics's daily price indicators and compare them against related drivers.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 8.21 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 1.97 |
Additional Tools for Novatek Stock Analysis
When running Novatek Microelectronics' price analysis, check to measure Novatek Microelectronics' 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 Novatek Microelectronics is operating at the current time. Most of Novatek Microelectronics' value examination focuses on studying past and present price action to predict the probability of Novatek Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novatek Microelectronics' price. Additionally, you may evaluate how the addition of Novatek Microelectronics to your portfolios can decrease your overall portfolio volatility.