Min Aik (Taiwan) Performance
| 3060 Stock | TWD 23.50 0.05 0.21% |
The company secures a Beta (Market Risk) of 0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Min Aik's returns are expected to increase less than the market. However, during the bear market, the loss of holding Min Aik is expected to be smaller as well. At this point, Min Aik Technology has a negative expected return of -0.19%. Please make sure to verify Min Aik's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Min Aik Technology 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 Min Aik Technology has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 910.5 M | |
| Total Cashflows From Investing Activities | -153.5 M | |
| Free Cash Flow | -34.9 M |
Min |
Min Aik Relative Risk vs. Return Landscape
If you would invest 2,700 in Min Aik Technology on August 31, 2024 and sell it today you would lose (350.00) from holding Min Aik Technology or give up 12.96% of portfolio value over 90 days. Min Aik Technology is generating negative expected returns and assumes 2.5002% volatility on return distribution over the 90 days horizon. Simply put, 22% of stocks are less volatile than Min, 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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Min Aik Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Min Aik's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Min Aik Technology, and traders can use it to determine the average amount a Min Aik'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 = -0.0757
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| Negative Returns | 3060 |
Estimated Market Risk
| 2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Min Aik 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 Min Aik by adding Min Aik to a well-diversified portfolio.
Min Aik Fundamentals Growth
Min Stock prices reflect investors' perceptions of the future prospects and financial health of Min Aik, and Min Aik 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 Min Stock performance.
| Return On Equity | 0.0564 | |||
| Return On Asset | 0.0113 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 2.63 B | |||
| Shares Outstanding | 137.56 M | |||
| Price To Earning | 25.45 X | |||
| Price To Book | 0.81 X | |||
| Price To Sales | 0.60 X | |||
| Revenue | 4.16 B | |||
| EBITDA | 414.27 M | |||
| Cash And Equivalents | 738.91 M | |||
| Cash Per Share | 5.37 X | |||
| Total Debt | 75.13 M | |||
| Debt To Equity | 25.40 % | |||
| Book Value Per Share | 21.27 X | |||
| Cash Flow From Operations | 44 M | |||
| Earnings Per Share | 1.29 X | |||
| Total Asset | 5.12 B | |||
| Retained Earnings | 2.13 B | |||
| Current Asset | 5.48 B | |||
| Current Liabilities | 2.12 B | |||
About Min Aik Performance
Evaluating Min Aik's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Min Aik 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 Min Aik 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.
Min Aik Technology Co., Ltd. engages in hard disk drive related business in Taiwan. The company was incorporated in 1979 and is headquartered in Taoyuan, Taiwan. MIN AIK is traded on Taiwan Stock Exchange in Taiwan.Things to note about Min Aik Technology performance evaluation
Checking the ongoing alerts about Min Aik for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Min Aik Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Min Aik Technology generated a negative expected return over the last 90 days |
- Analyzing Min Aik'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 Min Aik's stock is overvalued or undervalued compared to its peers.
- Examining Min Aik'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 Min Aik's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Min Aik's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Min Aik's stock. These opinions can provide insight into Min Aik's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Min Stock Analysis
When running Min Aik's price analysis, check to measure Min Aik'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 Min Aik is operating at the current time. Most of Min Aik's value examination focuses on studying past and present price action to predict the probability of Min Aik's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Min Aik's price. Additionally, you may evaluate how the addition of Min Aik to your portfolios can decrease your overall portfolio volatility.