Innolux Corp (Taiwan) Performance
| 3481 Stock | TWD 15.00 0.10 0.66% |
The company retains a Market Volatility (i.e., Beta) of 0.81, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Innolux Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Innolux Corp is expected to be smaller as well. At this point, Innolux Corp has a negative expected return of -0.0097%. Please make sure to check out Innolux Corp's standard deviation, information ratio, total risk alpha, as well as the relationship between the variance and jensen alpha , to decide if Innolux 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 Innolux Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Innolux Corp 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 | 26.5 B | |
| Total Cashflows From Investing Activities | -98.4 B |
Innolux |
Innolux Corp Relative Risk vs. Return Landscape
If you would invest 1,530 in Innolux Corp on August 31, 2024 and sell it today you would lose (30.00) from holding Innolux Corp or give up 1.96% of portfolio value over 90 days. Innolux Corp is generating negative expected returns and assumes 2.1489% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Innolux, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Innolux Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innolux Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Innolux Corp, and traders can use it to determine the average amount a Innolux Corp'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 = -0.0045
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| Negative Returns | 3481 |
Estimated Market Risk
| 2.15 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Innolux Corp 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 Innolux Corp by adding Innolux Corp to a well-diversified portfolio.
Innolux Corp Fundamentals Growth
Innolux Stock prices reflect investors' perceptions of the future prospects and financial health of Innolux Corp, and Innolux Corp 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 Innolux Stock performance.
| Return On Equity | -0.0339 | |||
| Return On Asset | -0.0196 | |||
| Profit Margin | (0.04) % | |||
| Operating Margin | (0.05) % | |||
| Current Valuation | 50.78 B | |||
| Shares Outstanding | 9.51 B | |||
| Price To Earning | 75.27 X | |||
| Price To Book | 0.42 X | |||
| Price To Sales | 0.43 X | |||
| Revenue | 350.08 B | |||
| EBITDA | 99.69 B | |||
| Cash And Equivalents | 77.21 B | |||
| Cash Per Share | 7.76 X | |||
| Total Debt | 35.59 B | |||
| Debt To Equity | 20.40 % | |||
| Book Value Per Share | 28.09 X | |||
| Cash Flow From Operations | 101.75 B | |||
| Earnings Per Share | 2.21 X | |||
| Total Asset | 467.52 B | |||
| Retained Earnings | 19.35 B | |||
| Current Asset | 107.11 B | |||
| Current Liabilities | 110.97 B | |||
About Innolux Corp Performance
Evaluating Innolux Corp's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Innolux Corp 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 Innolux Corp 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.
Innolux Corporation, together with its subsidiaries, researches, designs, develops, manufactures, and sells TFT-LCD panels, modules, and monitors of liquid crystal displays , color filters, and low temperature poly-silicon TFT-LCDs. Innolux Corporation was founded in 2003 and is headquartered in Hsinchu, Taiwan. INNOLUX CORPORATION operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Innolux Corp performance evaluation
Checking the ongoing alerts about Innolux Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Innolux Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Innolux Corp generated a negative expected return over the last 90 days |
- Analyzing Innolux Corp'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 Innolux Corp's stock is overvalued or undervalued compared to its peers.
- Examining Innolux Corp'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 Innolux Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Innolux Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Innolux Corp's stock. These opinions can provide insight into Innolux Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Innolux Stock Analysis
When running Innolux Corp's price analysis, check to measure Innolux Corp'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 Innolux Corp is operating at the current time. Most of Innolux Corp's value examination focuses on studying past and present price action to predict the probability of Innolux Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innolux Corp's price. Additionally, you may evaluate how the addition of Innolux Corp to your portfolios can decrease your overall portfolio volatility.