Ardentec Financials
| 3264 Stock | TWD 54.30 0.80 1.45% |
Ardentec |
Understanding current and past Ardentec Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ardentec's financial statements are interrelated, with each one affecting the others. For example, an increase in Ardentec's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Ardentec's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ardentec. Check Ardentec's Beneish M Score to see the likelihood of Ardentec's management manipulating its earnings.
| Instrument | Taiwan Stock View All |
| Exchange | Taiwan OTC Exchange |
| ISIN | TW0003264008 |
| Business Address | No3, Gongye 3rd |
| Sector | Technology |
| Industry | Semiconductor Equipment & Materials |
| Benchmark | Dow Jones Industrial |
| Website | web.ardentec.com/ |
| Phone | 886 3 597 6688 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Ardentec without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ardentec Stock, because this is throwing your money away. Analyzing the key information contained in Ardentec's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ardentec Key Financial Ratios
There are many critical financial ratios that Ardentec's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ardentec reports annually and quarterly.Ardentec Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ardentec's current stock value. Our valuation model uses many indicators to compare Ardentec value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ardentec competition to find correlations between indicators driving Ardentec's intrinsic value. More Info.Ardentec is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about 0.39 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ardentec is roughly 2.57 . 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 Ardentec's earnings, one of the primary drivers of an investment's value.Ardentec Systematic Risk
Ardentec's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ardentec 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Ardentec correlated with the market. If Beta is less than 0 Ardentec generally moves in the opposite direction as compared to the market. If Ardentec Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ardentec is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ardentec is generally in the same direction as the market. If Beta > 1 Ardentec moves generally in the same direction as, but more than the movement of the benchmark.
Ardentec December 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ardentec help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ardentec. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ardentec based on widely used predictive technical indicators. In general, we focus on analyzing Ardentec Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ardentec's daily price indicators and compare them against related drivers.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 10.39 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 2.5 |
Additional Tools for Ardentec Stock Analysis
When running Ardentec's price analysis, check to measure Ardentec'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 Ardentec is operating at the current time. Most of Ardentec's value examination focuses on studying past and present price action to predict the probability of Ardentec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ardentec's price. Additionally, you may evaluate how the addition of Ardentec to your portfolios can decrease your overall portfolio volatility.