Tong Yang (Taiwan) Performance
| 1319 Stock | TWD 110.00 3.50 3.08% |
Tong Yang has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tong Yang's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tong Yang is expected to be smaller as well. Tong Yang Industry right now has a risk of 1.99%. Please validate Tong Yang coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Tong Yang will be following its existing price patterns.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Tong Yang Industry are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, Tong Yang is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 1.5 B | |
| Total Cashflows From Investing Activities | -2.3 B |
Tong |
Tong Yang Relative Risk vs. Return Landscape
If you would invest 10,500 in Tong Yang Industry on September 12, 2024 and sell it today you would earn a total of 500.00 from holding Tong Yang Industry or generate 4.76% return on investment over 90 days. Tong Yang Industry is generating 0.0944% of daily returns and assumes 1.9912% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Tong, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Tong Yang Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tong Yang's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tong Yang Industry, and traders can use it to determine the average amount a Tong Yang's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0474
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| Cash | Small Risk | 1319 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Tong Yang is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Tong Yang by adding it to a well-diversified portfolio.
Tong Yang Fundamentals Growth
Tong Stock prices reflect investors' perceptions of the future prospects and financial health of Tong Yang, and Tong Yang fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Tong Stock performance.
| Return On Equity | 0.0818 | |||
| Return On Asset | 0.0258 | |||
| Profit Margin | 0.1 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 31.26 B | |||
| Shares Outstanding | 591.48 M | |||
| Price To Earning | 14.21 X | |||
| Price To Book | 1.25 X | |||
| Price To Sales | 1.30 X | |||
| Revenue | 18.38 B | |||
| EBITDA | 4.18 B | |||
| Cash And Equivalents | 1.32 B | |||
| Cash Per Share | 2.23 X | |||
| Total Debt | 4.57 B | |||
| Debt To Equity | 42.20 % | |||
| Book Value Per Share | 39.32 X | |||
| Cash Flow From Operations | 3.89 B | |||
| Earnings Per Share | 3.37 X | |||
| Total Asset | 34.45 B | |||
About Tong Yang Performance
Evaluating Tong Yang's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tong Yang has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Tong Yang has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
,Ltd. manufactures and sells automobile and motorcycle components in Taiwan, China, the United States, and Europe. The company was founded in 1952 and is based in Tainan City, Taiwan. TONG YANG is traded on Taiwan Stock Exchange in Taiwan.Things to note about Tong Yang Industry performance evaluation
Checking the ongoing alerts about Tong Yang for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tong Yang Industry help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 38.0% of the company shares are owned by insiders or employees |
- Analyzing Tong Yang's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Tong Yang's stock is overvalued or undervalued compared to its peers.
- Examining Tong Yang's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Tong Yang's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tong Yang's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tong Yang's stock. These opinions can provide insight into Tong Yang's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Tong Stock Analysis
When running Tong Yang's price analysis, check to measure Tong Yang'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 Tong Yang is operating at the current time. Most of Tong Yang's value examination focuses on studying past and present price action to predict the probability of Tong Yang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tong Yang's price. Additionally, you may evaluate how the addition of Tong Yang to your portfolios can decrease your overall portfolio volatility.