Higher Way (Taiwan) Performance
| 3268 Stock | TWD 23.85 0.25 1.04% |
Higher Way has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Higher Way's returns are expected to increase less than the market. However, during the bear market, the loss of holding Higher Way is expected to be smaller as well. Higher Way Electronic right now retains a risk of 2.0%. Please check out Higher Way market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Higher Way will be following its current trending patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Higher Way Electronic are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, Higher Way 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 | 171.3 M | |
| Total Cashflows From Investing Activities | -19.6 M |
Higher |
Higher Way Relative Risk vs. Return Landscape
If you would invest 2,365 in Higher Way Electronic on September 13, 2024 and sell it today you would earn a total of 20.00 from holding Higher Way Electronic or generate 0.85% return on investment over 90 days. Higher Way Electronic is generating 0.0327% of daily returns and assumes 1.9965% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Higher, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Higher Way Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Higher Way's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Higher Way Electronic, and traders can use it to determine the average amount a Higher Way'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 = 0.0164
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| Negative Returns | 3268 |
Estimated Market Risk
| 2.0 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Higher Way is performing at about 1% of its full potential. 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 Higher Way by adding it to a well-diversified portfolio.
Higher Way Fundamentals Growth
Higher Stock prices reflect investors' perceptions of the future prospects and financial health of Higher Way, and Higher Way 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 Higher Stock performance.
| Return On Equity | 0.16 | |||
| Return On Asset | 0.0183 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 802.72 M | |||
| Shares Outstanding | 33.43 M | |||
| Price To Book | 1.45 X | |||
| Price To Sales | 0.57 X | |||
| Revenue | 1.49 B | |||
| EBITDA | 39.7 M | |||
| Total Debt | 32.36 M | |||
| Book Value Per Share | 16.12 X | |||
| Cash Flow From Operations | (8.04 M) | |||
| Earnings Per Share | 2.02 X | |||
| Total Asset | 796.84 M | |||
About Higher Way Performance
Evaluating Higher Way's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Higher Way 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 Higher Way 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.
Things to note about Higher Way Electronic performance evaluation
Checking the ongoing alerts about Higher Way for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Higher Way Electronic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Higher Way generates negative cash flow from operations | |
| About 35.0% of the company shares are owned by insiders or employees |
- Analyzing Higher Way'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 Higher Way's stock is overvalued or undervalued compared to its peers.
- Examining Higher Way'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 Higher Way's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Higher Way's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Higher Way's stock. These opinions can provide insight into Higher Way's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Higher Stock Analysis
When running Higher Way's price analysis, check to measure Higher Way'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 Higher Way is operating at the current time. Most of Higher Way's value examination focuses on studying past and present price action to predict the probability of Higher Way's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Higher Way's price. Additionally, you may evaluate how the addition of Higher Way to your portfolios can decrease your overall portfolio volatility.