FIT Holding Financials
| 3712 Stock | TWD 63.00 0.60 0.96% |
FIT |
Understanding current and past FIT Holding Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of FIT Holding's financial statements are interrelated, with each one affecting the others. For example, an increase in FIT Holding's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in FIT Holding's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of FIT Holding Co. Check FIT Holding's Beneish M Score to see the likelihood of FIT Holding's management manipulating its earnings.
FIT Holding Stock Summary
FIT Holding competes with Gigastorage Corp, Shuttle, Yem Chio, Walton Advanced, and Darfon Electronics. FIT Holding Co., Ltd. operates in the optoelectronics, communications, and digital imaging industries. It also provides integrated services for renewable energy power plant construction, maintenance, clean energy liquefied natural gas import, and green power sales platform system. FIT HOLDING operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 3456 people.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0003712006 |
| Business Address | No 49, Zhongyang |
| Sector | Technology |
| Industry | Semiconductors |
| Benchmark | Dow Jones Industrial |
| Website | www.fit-holding.com |
| Phone | 886 2 2269 9866 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in FIT Holding without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of FIT Stock, because this is throwing your money away. Analyzing the key information contained in FIT Holding's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
FIT Holding Key Financial Ratios
There are many critical financial ratios that FIT Holding's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that FIT Holding reports annually and quarterly.FIT Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining FIT Holding's current stock value. Our valuation model uses many indicators to compare FIT Holding value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across FIT Holding competition to find correlations between indicators driving FIT Holding's intrinsic value. More Info.FIT Holding Co 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 0.25 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for FIT Holding Co is roughly 3.94 . 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 FIT Holding's earnings, one of the primary drivers of an investment's value.FIT Holding Systematic Risk
FIT Holding's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. FIT Holding 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 FIT Holding correlated with the market. If Beta is less than 0 FIT Holding generally moves in the opposite direction as compared to the market. If FIT Holding Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one FIT Holding is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of FIT Holding is generally in the same direction as the market. If Beta > 1 FIT Holding moves generally in the same direction as, but more than the movement of the benchmark.
FIT Holding December 21, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of FIT Holding help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of FIT Holding Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of FIT Holding Co based on widely used predictive technical indicators. In general, we focus on analyzing FIT Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build FIT Holding's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.03 | |||
| Information Ratio | 0.0927 | |||
| Maximum Drawdown | 14.47 | |||
| Value At Risk | (2.87) | |||
| Potential Upside | 6.46 |
Additional Tools for FIT Stock Analysis
When running FIT Holding's price analysis, check to measure FIT Holding'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 FIT Holding is operating at the current time. Most of FIT Holding's value examination focuses on studying past and present price action to predict the probability of FIT Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FIT Holding's price. Additionally, you may evaluate how the addition of FIT Holding to your portfolios can decrease your overall portfolio volatility.