Gold Circuit (Taiwan) Performance
| 2368 Stock | TWD 185.50 2.00 1.09% |
The company retains a Market Volatility (i.e., Beta) of 0.0702, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gold Circuit's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gold Circuit is expected to be smaller as well. At this point, Gold Circuit Electronics has a negative expected return of -0.25%. Please make sure to check out Gold Circuit's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Gold Circuit Electronics performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Gold Circuit Electronics has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in January 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 4.4 B | |
| Total Cashflows From Investing Activities | -831.1 M |
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Gold Circuit Relative Risk vs. Return Landscape
If you would invest 22,000 in Gold Circuit Electronics on September 3, 2024 and sell it today you would lose (3,450) from holding Gold Circuit Electronics or give up 15.68% of portfolio value over 90 days. Gold Circuit Electronics is generating negative expected returns and assumes 2.1943% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Gold, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Gold Circuit Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gold Circuit's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Gold Circuit Electronics, and traders can use it to determine the average amount a Gold Circuit'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 = -0.1125
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| Negative Returns | 2368 |
Estimated Market Risk
| 2.19 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gold Circuit is not performing at its full potential. However, 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 Gold Circuit by adding Gold Circuit to a well-diversified portfolio.
Gold Circuit Fundamentals Growth
Gold Stock prices reflect investors' perceptions of the future prospects and financial health of Gold Circuit, and Gold Circuit 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 Gold Stock performance.
| Return On Equity | 0.37 | |||
| Return On Asset | 0.13 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.18 % | |||
| Current Valuation | 48.08 B | |||
| Shares Outstanding | 486.69 M | |||
| Price To Earning | 23.47 X | |||
| Price To Book | 3.51 X | |||
| Price To Sales | 1.47 X | |||
| Revenue | 26.61 B | |||
| EBITDA | 4.89 B | |||
| Cash And Equivalents | 4.45 B | |||
| Cash Per Share | 8.22 X | |||
| Total Debt | 2.87 B | |||
| Debt To Equity | 0.39 % | |||
| Book Value Per Share | 27.60 X | |||
| Cash Flow From Operations | 2.39 B | |||
| Earnings Per Share | 8.96 X | |||
| Total Asset | 24.98 B | |||
| Retained Earnings | (220 M) | |||
| Current Asset | 12.38 B | |||
| Current Liabilities | 10.09 B | |||
About Gold Circuit Performance
Evaluating Gold Circuit's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Gold Circuit 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 Gold Circuit 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.
Gold Circuit Electronics Ltd. manufactures, processes, and trades printed circuit boards in Taiwan. Gold Circuit Electronics Ltd. was founded in 1981 and is headquartered in Taoyuan City, Taiwan. GOLD CIRCUIT operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Gold Circuit Electronics performance evaluation
Checking the ongoing alerts about Gold Circuit for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Gold Circuit Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Gold Circuit generated a negative expected return over the last 90 days | |
| About 32.0% of the company shares are owned by insiders or employees |
- Analyzing Gold Circuit'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 Gold Circuit's stock is overvalued or undervalued compared to its peers.
- Examining Gold Circuit'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 Gold Circuit's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Gold Circuit's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Gold Circuit's stock. These opinions can provide insight into Gold Circuit's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Gold Stock Analysis
When running Gold Circuit's price analysis, check to measure Gold Circuit'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 Gold Circuit is operating at the current time. Most of Gold Circuit's value examination focuses on studying past and present price action to predict the probability of Gold Circuit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Circuit's price. Additionally, you may evaluate how the addition of Gold Circuit to your portfolios can decrease your overall portfolio volatility.