ThinTech Materials (Taiwan) Performance
| 3663 Stock | TWD 74.00 0.60 0.80% |
The entity has a beta of -0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ThinTech Materials are expected to decrease at a much lower rate. During the bear market, ThinTech Materials is likely to outperform the market. At this point, ThinTech Materials has a negative expected return of -0.36%. Please make sure to validate ThinTech Materials' mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if ThinTech Materials 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 ThinTech Materials 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 | 142.5 M | |
| Total Cashflows From Investing Activities | 100.2 M |
ThinTech |
ThinTech Materials Relative Risk vs. Return Landscape
If you would invest 9,540 in ThinTech Materials Technology on September 27, 2024 and sell it today you would lose (2,140) from holding ThinTech Materials Technology or give up 22.43% of portfolio value over 90 days. ThinTech Materials Technology is generating negative expected returns and assumes 2.858% volatility on return distribution over the 90 days horizon. Simply put, 25% of stocks are less volatile than ThinTech, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ThinTech Materials Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ThinTech Materials' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ThinTech Materials Technology, and traders can use it to determine the average amount a ThinTech Materials' 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 = -0.1269
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| Negative Returns | 3663 |
Estimated Market Risk
| 2.86 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ThinTech Materials 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 ThinTech Materials by adding ThinTech Materials to a well-diversified portfolio.
ThinTech Materials Fundamentals Growth
ThinTech Stock prices reflect investors' perceptions of the future prospects and financial health of ThinTech Materials, and ThinTech Materials 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 ThinTech Stock performance.
| Return On Equity | 0.084 | |||
| Return On Asset | 0.0385 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 2.18 B | |||
| Shares Outstanding | 73.5 M | |||
| Price To Book | 1.80 X | |||
| Price To Sales | 0.79 X | |||
| Revenue | 3 B | |||
| EBITDA | 139.58 M | |||
| Book Value Per Share | 16.15 X | |||
| Cash Flow From Operations | (29.66 M) | |||
| Earnings Per Share | 1.33 X | |||
| Total Asset | 1.68 B | |||
About ThinTech Materials Performance
Evaluating ThinTech Materials' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if ThinTech Materials 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 ThinTech Materials 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 ThinTech Materials performance evaluation
Checking the ongoing alerts about ThinTech Materials for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ThinTech Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ThinTech Materials generated a negative expected return over the last 90 days | |
| ThinTech Materials generates negative cash flow from operations | |
| About 35.0% of the company shares are owned by insiders or employees |
- Analyzing ThinTech Materials' 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 ThinTech Materials' stock is overvalued or undervalued compared to its peers.
- Examining ThinTech Materials' 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 ThinTech Materials' management team can have a significant impact on its success or failure. Reviewing the track record and experience of ThinTech Materials' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ThinTech Materials' stock. These opinions can provide insight into ThinTech Materials' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for ThinTech Stock Analysis
When running ThinTech Materials' price analysis, check to measure ThinTech Materials' 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 ThinTech Materials is operating at the current time. Most of ThinTech Materials' value examination focuses on studying past and present price action to predict the probability of ThinTech Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ThinTech Materials' price. Additionally, you may evaluate how the addition of ThinTech Materials to your portfolios can decrease your overall portfolio volatility.