Is Champion Microelectronic Corporations Recent Stock Performance Tethered To Its Strong Fundamentals - Simply Wall St
| 3257 Stock | TWD 54.60 0.10 0.18% |
Slightly above 62% of Champion Microelectronic's investor base is looking to short. The analysis of current outlook of investing in Champion Microelectronic Corp suggests that many traders are alarmed regarding Champion Microelectronic's prospects. Champion Microelectronic's investing sentiment can be driven by a variety of factors including economic data, Champion Microelectronic's earnings reports, geopolitical events, and overall market trends.
Champion Microelectronic stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Champion daily returns and investor perception about the current price of Champion Microelectronic Corp as well as its diversification or hedging effects on your existing portfolios.
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Is Champion Microelectronic Corporations Recent Stock Performance Tethered To Its Strong Fundamentals Simply Wall St
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Champion Microelectronic Fundamental Analysis
We analyze Champion Microelectronic's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Champion Microelectronic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Champion Microelectronic based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Champion Microelectronic is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Champion Microelectronic Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Champion Microelectronic stock to make a market-neutral strategy. Peer analysis of Champion Microelectronic could also be used in its relative valuation, which is a method of valuing Champion Microelectronic by comparing valuation metrics with similar companies.
Peers
Champion Microelectronic Related Equities
| 6271 | Tong Hsing | 1.52 | ||||
| 6202 | Holtek Semiconductor | 1.20 | ||||
| 4919 | Nuvoton Technology | 1.56 | ||||
| 3583 | Scientech Corp | 2.52 | ||||
| 4952 | Generalplus Technology | 3.13 |
Additional Tools for Champion Stock Analysis
When running Champion Microelectronic's price analysis, check to measure Champion Microelectronic'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 Champion Microelectronic is operating at the current time. Most of Champion Microelectronic's value examination focuses on studying past and present price action to predict the probability of Champion Microelectronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Champion Microelectronic's price. Additionally, you may evaluate how the addition of Champion Microelectronic to your portfolios can decrease your overall portfolio volatility.