GMI Technology (Taiwan) Performance
| 3312 Stock | TWD 58.60 0.10 0.17% |
The company retains a Market Volatility (i.e., Beta) of 0.43, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GMI Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding GMI Technology is expected to be smaller as well. At this point, GMI Technology has a negative expected return of -0.38%. Please make sure to check out GMI Technology's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if GMI Technology performance from the past will be repeated in the future.
Risk-Adjusted Performance
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Over the last 90 days GMI Technology 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 January 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 1.2 B | |
| Total Cashflows From Investing Activities | -227.6 M |
GMI |
GMI Technology Relative Risk vs. Return Landscape
If you would invest 7,620 in GMI Technology on September 4, 2024 and sell it today you would lose (1,760) from holding GMI Technology or give up 23.1% of portfolio value over 90 days. GMI Technology is generating negative expected returns and assumes 2.54% volatility on return distribution over the 90 days horizon. Simply put, 22% of stocks are less volatile than GMI, 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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GMI Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GMI Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as GMI Technology, and traders can use it to determine the average amount a GMI Technology'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 = -0.1515
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| Negative Returns | 3312 |
Estimated Market Risk
| 2.54 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average GMI Technology 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 GMI Technology by adding GMI Technology to a well-diversified portfolio.
GMI Technology Fundamentals Growth
GMI Stock prices reflect investors' perceptions of the future prospects and financial health of GMI Technology, and GMI Technology 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 GMI Stock performance.
| Return On Equity | 0.19 | |||
| Return On Asset | 0.0405 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 4.01 B | |||
| Shares Outstanding | 162.62 M | |||
| Price To Earning | 13.72 X | |||
| Price To Book | 1.13 X | |||
| Price To Sales | 0.15 X | |||
| Revenue | 18.85 B | |||
| EBITDA | 609.76 M | |||
| Cash And Equivalents | 520.99 M | |||
| Cash Per Share | 4.72 X | |||
| Total Debt | 214.2 M | |||
| Debt To Equity | 65.90 % | |||
| Book Value Per Share | 15.82 X | |||
| Cash Flow From Operations | (432.08 M) | |||
| Earnings Per Share | 2.94 X | |||
| Total Asset | 7.31 B | |||
| Retained Earnings | (31 M) | |||
| Current Asset | 3.31 B | |||
| Current Liabilities | 1.92 B | |||
About GMI Technology Performance
Evaluating GMI Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if GMI Technology 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 GMI Technology 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.
GMI Technology Inc. operates as an electronic components distributor and applications solutions provider primarily in the Greater China. GMI Technology Inc. was founded in 1995 and is headquartered in Taipei, Taiwan. G M is traded on Taiwan Stock Exchange in Taiwan.Things to note about GMI Technology performance evaluation
Checking the ongoing alerts about GMI Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for GMI Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| GMI Technology generated a negative expected return over the last 90 days | |
| The company has NT$214.2 Million in debt which may indicate that it relies heavily on debt financing | |
| GMI Technology has accumulated about 520.99 M in cash with (432.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.72. | |
| Roughly 51.0% of the company shares are owned by insiders or employees |
- Analyzing GMI Technology'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 GMI Technology's stock is overvalued or undervalued compared to its peers.
- Examining GMI Technology'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 GMI Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of GMI Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of GMI Technology's stock. These opinions can provide insight into GMI Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for GMI Stock Analysis
When running GMI Technology's price analysis, check to measure GMI Technology'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 GMI Technology is operating at the current time. Most of GMI Technology's value examination focuses on studying past and present price action to predict the probability of GMI Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GMI Technology's price. Additionally, you may evaluate how the addition of GMI Technology to your portfolios can decrease your overall portfolio volatility.