Promate Electronic (Taiwan) Performance
| 6189 Stock | TWD 80.00 1.00 1.23% |
The company holds a Beta of 0.21, which implies not very significant fluctuations relative to the market. As returns on the market increase, Promate Electronic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Promate Electronic is expected to be smaller as well. At this point, Promate Electronic has a negative expected return of -0.0478%. Please make sure to check Promate Electronic's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Promate Electronic 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 Promate Electronic Co has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Promate Electronic 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 | 2.2 B | |
| Total Cashflows From Investing Activities | -766.2 M | |
| Free Cash Flow | 139.4 M |
Promate |
Promate Electronic Relative Risk vs. Return Landscape
If you would invest 8,300 in Promate Electronic Co on September 23, 2024 and sell it today you would lose (300.00) from holding Promate Electronic Co or give up 3.61% of portfolio value over 90 days. Promate Electronic Co is generating negative expected returns and assumes 1.3388% volatility on return distribution over the 90 days horizon. Simply put, 11% of stocks are less volatile than Promate, 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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Promate Electronic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Promate Electronic's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Promate Electronic Co, and traders can use it to determine the average amount a Promate Electronic'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 = -0.0357
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| Negative Returns | 6189 |
Estimated Market Risk
| 1.34 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Promate Electronic 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 Promate Electronic by adding Promate Electronic to a well-diversified portfolio.
Promate Electronic Fundamentals Growth
Promate Stock prices reflect investors' perceptions of the future prospects and financial health of Promate Electronic, and Promate Electronic 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 Promate Stock performance.
| Return On Equity | 0.19 | |||
| Return On Asset | 0.0373 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 9.79 B | |||
| Shares Outstanding | 207.05 M | |||
| Price To Earning | 10.64 X | |||
| Price To Book | 1.56 X | |||
| Price To Sales | 0.26 X | |||
| Revenue | 32.47 B | |||
| EBITDA | 1.18 B | |||
| Cash And Equivalents | 1.33 B | |||
| Cash Per Share | 7.43 X | |||
| Total Debt | 539.42 M | |||
| Debt To Equity | 52.70 % | |||
| Book Value Per Share | 24.38 X | |||
| Cash Flow From Operations | 166.25 M | |||
| Earnings Per Share | 4.21 X | |||
| Total Asset | 15.21 B | |||
| Retained Earnings | 1.28 B | |||
| Current Asset | 7.15 B | |||
| Current Liabilities | 3.69 B | |||
About Promate Electronic Performance
Evaluating Promate Electronic's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Promate Electronic 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 Promate Electronic 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. operates as a franchised distributor of semi-conductor products in Taiwan and internationally. ,Ltd. was founded in 1986 and is headquartered in Taipei, Taiwan. PROMATE ELECTRONIC is traded on Taiwan Stock Exchange in Taiwan.Things to note about Promate Electronic performance evaluation
Checking the ongoing alerts about Promate Electronic for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Promate Electronic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Promate Electronic generated a negative expected return over the last 90 days | |
| About 14.0% of the company shares are owned by insiders or employees |
- Analyzing Promate Electronic'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 Promate Electronic's stock is overvalued or undervalued compared to its peers.
- Examining Promate Electronic'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 Promate Electronic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Promate Electronic's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Promate Electronic's stock. These opinions can provide insight into Promate Electronic's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Promate Stock Analysis
When running Promate Electronic's price analysis, check to measure Promate Electronic'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 Promate Electronic is operating at the current time. Most of Promate Electronic's value examination focuses on studying past and present price action to predict the probability of Promate Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Promate Electronic's price. Additionally, you may evaluate how the addition of Promate Electronic to your portfolios can decrease your overall portfolio volatility.