Parade Technologies Financials
| 4966 Stock | TWD 773.00 31.00 4.18% |
Parade |
Understanding current and past Parade Technologies Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Parade Technologies' financial statements are interrelated, with each one affecting the others. For example, an increase in Parade Technologies' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Parade Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Parade Technologies. Check Parade Technologies' Beneish M Score to see the likelihood of Parade Technologies' management manipulating its earnings.
| Instrument | Taiwan Stock View All |
| Exchange | Taiwan OTC Exchange |
| ISIN | KYG6892A1085 |
| Business Address | No 335, Ruiguang |
| Sector | Technology |
| Industry | Semiconductors |
| Benchmark | Dow Jones Industrial |
| Website | www.paradetech.com |
| Phone | 886 2 2627 9109 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Parade Technologies without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Parade Stock, because this is throwing your money away. Analyzing the key information contained in Parade Technologies' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Parade Technologies Key Financial Ratios
There are many critical financial ratios that Parade Technologies' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Parade Technologies reports annually and quarterly.Parade Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Parade Technologies's current stock value. Our valuation model uses many indicators to compare Parade Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Parade Technologies competition to find correlations between indicators driving Parade Technologies's intrinsic value. More Info.Parade Technologies is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers reporting about 0.52 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Parade Technologies is roughly 1.92 . 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 Parade Technologies' earnings, one of the primary drivers of an investment's value.Parade Technologies Systematic Risk
Parade Technologies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Parade Technologies 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Parade Technologies correlated with the market. If Beta is less than 0 Parade Technologies generally moves in the opposite direction as compared to the market. If Parade Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Parade Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Parade Technologies is generally in the same direction as the market. If Beta > 1 Parade Technologies moves generally in the same direction as, but more than the movement of the benchmark.
Parade Technologies December 14, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Parade Technologies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Parade Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Parade Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Parade Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Parade Technologies's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.78 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 12.57 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 4.6 |
Additional Tools for Parade Stock Analysis
When running Parade Technologies' price analysis, check to measure Parade Technologies' 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 Parade Technologies is operating at the current time. Most of Parade Technologies' value examination focuses on studying past and present price action to predict the probability of Parade Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parade Technologies' price. Additionally, you may evaluate how the addition of Parade Technologies to your portfolios can decrease your overall portfolio volatility.