Merry Electronics (Taiwan) Performance
| 2439 Stock | TWD 106.00 1.00 0.95% |
The company secures a Beta (Market Risk) of 0.0821, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Merry Electronics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Merry Electronics is expected to be smaller as well. At this point, Merry Electronics has a negative expected return of -0.39%. Please make sure to verify Merry Electronics' jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Merry Electronics performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Merry Electronics Co 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 December 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 3 B | |
| Total Cashflows From Investing Activities | -1.6 B |
Merry |
Merry Electronics Relative Risk vs. Return Landscape
If you would invest 13,850 in Merry Electronics Co on September 1, 2024 and sell it today you would lose (3,250) from holding Merry Electronics Co or give up 23.47% of portfolio value over 90 days. Merry Electronics Co is generating negative expected returns and assumes 2.1105% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than Merry, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Merry Electronics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Merry Electronics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Merry Electronics Co, and traders can use it to determine the average amount a Merry Electronics' 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 = -0.1871
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2439 |
Estimated Market Risk
| 2.11 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.39 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Merry Electronics 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 Merry Electronics by adding Merry Electronics to a well-diversified portfolio.
Merry Electronics Fundamentals Growth
Merry Stock prices reflect investors' perceptions of the future prospects and financial health of Merry Electronics, and Merry Electronics 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 Merry Stock performance.
| Return On Equity | 0.15 | |||
| Return On Asset | 0.0248 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 17.63 B | |||
| Shares Outstanding | 218.05 M | |||
| Price To Earning | 16.21 X | |||
| Price To Book | 1.47 X | |||
| Price To Sales | 0.48 X | |||
| Revenue | 36.18 B | |||
| EBITDA | 2.39 B | |||
| Cash And Equivalents | 6.93 B | |||
| Cash Per Share | 33.06 X | |||
| Total Debt | 4.31 B | |||
| Debt To Equity | 0.81 % | |||
| Book Value Per Share | 55.18 X | |||
| Cash Flow From Operations | 2.66 B | |||
| Earnings Per Share | 6.79 X | |||
| Total Asset | 33.86 B | |||
| Retained Earnings | 2.48 B | |||
| Current Asset | 6.28 B | |||
| Current Liabilities | 2.58 B | |||
About Merry Electronics Performance
Evaluating Merry Electronics' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Merry Electronics 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 Merry Electronics 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.
Merry Electronics Co., Ltd. designs and manufactures electroacoustic, wireless, and battery products primarily in China, the United States, Switzerland, Denmark, Netherlands, and internationally. The company was founded in 1975 and is headquartered in Taichung, Taiwan. MERRY ELECTRONICS operates under Consumer Electronics classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 7689 people.Things to note about Merry Electronics performance evaluation
Checking the ongoing alerts about Merry Electronics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Merry Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Merry Electronics generated a negative expected return over the last 90 days | |
| About 14.0% of the company shares are owned by insiders or employees |
- Analyzing Merry Electronics' 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 Merry Electronics' stock is overvalued or undervalued compared to its peers.
- Examining Merry Electronics' 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 Merry Electronics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Merry Electronics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Merry Electronics' stock. These opinions can provide insight into Merry Electronics' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Merry Stock Analysis
When running Merry Electronics' price analysis, check to measure Merry Electronics' 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 Merry Electronics is operating at the current time. Most of Merry Electronics' value examination focuses on studying past and present price action to predict the probability of Merry Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merry Electronics' price. Additionally, you may evaluate how the addition of Merry Electronics to your portfolios can decrease your overall portfolio volatility.