Asia Polymer (Taiwan) Performance
| 1308 Stock | TWD 16.45 0.15 0.90% |
The firm shows a Beta (market volatility) of 0.51, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Asia Polymer's returns are expected to increase less than the market. However, during the bear market, the loss of holding Asia Polymer is expected to be smaller as well. At this point, Asia Polymer Corp has a negative expected return of -0.0793%. Please make sure to confirm Asia Polymer's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Asia Polymer Corp 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 Asia Polymer Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Asia Polymer 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 | 605.6 M | |
| Total Cashflows From Investing Activities | -5.2 M |
Asia |
Asia Polymer Relative Risk vs. Return Landscape
If you would invest 1,765 in Asia Polymer Corp on August 31, 2024 and sell it today you would lose (120.00) from holding Asia Polymer Corp or give up 6.8% of portfolio value over 90 days. Asia Polymer Corp is generating negative expected returns and assumes 2.6488% volatility on return distribution over the 90 days horizon. Simply put, 23% of stocks are less volatile than Asia, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Asia Polymer Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asia Polymer's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Asia Polymer Corp, and traders can use it to determine the average amount a Asia Polymer'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 = -0.0299
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| Negative Returns | 1308 |
Estimated Market Risk
| 2.65 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Asia Polymer 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 Asia Polymer by adding Asia Polymer to a well-diversified portfolio.
Asia Polymer Fundamentals Growth
Asia Stock prices reflect investors' perceptions of the future prospects and financial health of Asia Polymer, and Asia Polymer 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 Asia Stock performance.
| Return On Equity | 0.14 | |||
| Return On Asset | 0.12 | |||
| Profit Margin | 0.20 % | |||
| Operating Margin | 0.33 % | |||
| Current Valuation | 16.72 B | |||
| Shares Outstanding | 593.74 M | |||
| Price To Earning | 18.57 X | |||
| Price To Book | 1.23 X | |||
| Price To Sales | 1.62 X | |||
| Revenue | 9.57 B | |||
| EBITDA | 4.07 B | |||
| Cash And Equivalents | 3.57 B | |||
| Cash Per Share | 6.43 X | |||
| Total Debt | 1.37 B | |||
| Debt To Equity | 58.50 % | |||
| Book Value Per Share | 23.35 X | |||
| Cash Flow From Operations | 2.75 B | |||
| Earnings Per Share | 3.51 X | |||
| Total Asset | 18.98 B | |||
| Retained Earnings | 3.81 B | |||
| Current Asset | 6.17 B | |||
| Current Liabilities | 3.24 B | |||
About Asia Polymer Performance
Evaluating Asia Polymer's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Asia Polymer 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 Asia Polymer 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.
Asia Polymer Corporation primarily designs, develops, manufactures, and sells polyethylene resins in Taiwan and internationally. Asia Polymer Corporation was founded in 1977 and is headquartered in Kaohsiung, Taiwan. ASIA POLYMER is traded on Taiwan Stock Exchange in Taiwan.Things to note about Asia Polymer Corp performance evaluation
Checking the ongoing alerts about Asia Polymer for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Asia Polymer Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Asia Polymer Corp generated a negative expected return over the last 90 days | |
| About 42.0% of the company shares are owned by insiders or employees |
- Analyzing Asia Polymer'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 Asia Polymer's stock is overvalued or undervalued compared to its peers.
- Examining Asia Polymer'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 Asia Polymer's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Asia Polymer's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Asia Polymer's stock. These opinions can provide insight into Asia Polymer's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Asia Stock Analysis
When running Asia Polymer's price analysis, check to measure Asia Polymer'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 Asia Polymer is operating at the current time. Most of Asia Polymer's value examination focuses on studying past and present price action to predict the probability of Asia Polymer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Polymer's price. Additionally, you may evaluate how the addition of Asia Polymer to your portfolios can decrease your overall portfolio volatility.