Primax Electronics (Taiwan) Performance
| 4915 Stock | TWD 78.00 1.40 1.76% |
The company holds a Beta of -0.0449, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Primax Electronics are expected to decrease at a much lower rate. During the bear market, Primax Electronics is likely to outperform the market. At this point, Primax Electronics has a negative expected return of -0.12%. Please make sure to check Primax Electronics' standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if Primax Electronics 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 Primax Electronics 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 | 6.9 B | |
| Total Cashflows From Investing Activities | -3.9 B |
Primax |
Primax Electronics Relative Risk vs. Return Landscape
If you would invest 8,550 in Primax Electronics on September 12, 2024 and sell it today you would lose (750.00) from holding Primax Electronics or give up 8.77% of portfolio value over 90 days. Primax Electronics is generating negative expected returns and assumes 2.5288% volatility on return distribution over the 90 days horizon. Simply put, 22% of stocks are less volatile than Primax, 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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Primax Electronics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Primax Electronics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Primax Electronics, and traders can use it to determine the average amount a Primax Electronics' 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 = -0.0461
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| Negative Returns | 4915 |
Estimated Market Risk
| 2.53 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Primax Electronics 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 Primax Electronics by adding Primax Electronics to a well-diversified portfolio.
Primax Electronics Fundamentals Growth
Primax Stock prices reflect investors' perceptions of the future prospects and financial health of Primax Electronics, and Primax Electronics 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 Primax Stock performance.
| Return On Equity | 0.17 | |||
| Return On Asset | 0.0397 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 23.78 B | |||
| Shares Outstanding | 458.29 M | |||
| Price To Earning | 13.50 X | |||
| Price To Book | 1.68 X | |||
| Price To Sales | 0.32 X | |||
| Revenue | 71.65 B | |||
| EBITDA | 5.15 B | |||
| Cash And Equivalents | 4.52 B | |||
| Cash Per Share | 10.17 X | |||
| Total Debt | 1.03 B | |||
| Debt To Equity | 37.00 % | |||
| Book Value Per Share | 34.49 X | |||
| Cash Flow From Operations | 1.67 B | |||
| Earnings Per Share | 5.85 X | |||
| Total Asset | 49.47 B | |||
| Retained Earnings | 4.58 B | |||
| Current Asset | 27.28 B | |||
| Current Liabilities | 21.49 B | |||
About Primax Electronics Performance
Evaluating Primax Electronics' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Primax Electronics 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 Primax Electronics 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.
Primax Electronics Ltd., together with its subsidiaries, manufactures and sells computer peripherals and non-computer peripherals in Taiwan, China, the Americas, and internationally. The company was founded in 1984 and is headquartered in Taipei City, Taiwan. PRIMAX ELECTRONICS is traded on Taiwan Stock Exchange in Taiwan.Things to note about Primax Electronics performance evaluation
Checking the ongoing alerts about Primax Electronics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Primax Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Primax Electronics generated a negative expected return over the last 90 days | |
| About 14.0% of the company shares are owned by insiders or employees |
- Analyzing Primax Electronics' 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 Primax Electronics' stock is overvalued or undervalued compared to its peers.
- Examining Primax Electronics' 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 Primax Electronics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Primax Electronics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Primax Electronics' stock. These opinions can provide insight into Primax Electronics' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Primax Stock Analysis
When running Primax Electronics' price analysis, check to measure Primax Electronics' 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 Primax Electronics is operating at the current time. Most of Primax Electronics' value examination focuses on studying past and present price action to predict the probability of Primax Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primax Electronics' price. Additionally, you may evaluate how the addition of Primax Electronics to your portfolios can decrease your overall portfolio volatility.