Cheng Mei (Taiwan) Performance
| 4960 Stock | 12.80 0.10 0.79% |
The firm shows a Beta (market volatility) of 0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cheng Mei's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cheng Mei is expected to be smaller as well. At this point, Cheng Mei Materials has a negative expected return of -0.1%. Please make sure to confirm Cheng Mei's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Cheng Mei 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 Cheng Mei Materials 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 | 610.3 M | |
| Free Cash Flow | 1.4 B |
Cheng |
Cheng Mei Relative Risk vs. Return Landscape
If you would invest 1,375 in Cheng Mei Materials on August 31, 2024 and sell it today you would lose (95.00) from holding Cheng Mei Materials or give up 6.91% of portfolio value over 90 days. Cheng Mei Materials is generating negative expected returns and assumes 1.4066% volatility on return distribution over the 90 days horizon. Simply put, 12% of stocks are less volatile than Cheng, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Cheng Mei Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cheng Mei's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cheng Mei Materials, and traders can use it to determine the average amount a Cheng Mei'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 = -0.0738
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| Negative Returns | 4960 |
Estimated Market Risk
| 1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cheng Mei 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 Cheng Mei by adding Cheng Mei to a well-diversified portfolio.
Cheng Mei Fundamentals Growth
Cheng Stock prices reflect investors' perceptions of the future prospects and financial health of Cheng Mei, and Cheng Mei 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 Cheng Stock performance.
| Return On Equity | 0.0575 | |||
| Return On Asset | 0.0059 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 3.84 B | |||
| Shares Outstanding | 674.15 M | |||
| Price To Earning | 0.78 X | |||
| Price To Book | 0.61 X | |||
| Price To Sales | 0.64 X | |||
| Revenue | 9.5 B | |||
| EBITDA | 969.26 M | |||
| Cash And Equivalents | 3.76 B | |||
| Cash Per Share | 7.30 X | |||
| Total Debt | 1.66 B | |||
| Debt To Equity | 26.80 % | |||
| Book Value Per Share | 16.48 X | |||
| Cash Flow From Operations | 2.01 B | |||
| Earnings Per Share | 0.91 X | |||
| Total Asset | 15.07 B | |||
| Retained Earnings | 5.93 B | |||
| Current Asset | 9.8 B | |||
| Current Liabilities | 3.83 B | |||
About Cheng Mei Performance
Evaluating Cheng Mei's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Cheng Mei 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 Cheng Mei 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.
Chimei Materials Technology Corporation produces and sells polarizing plates to liquid crystal display panel makers in Taiwan.Things to note about Cheng Mei Materials performance evaluation
Checking the ongoing alerts about Cheng Mei for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cheng Mei Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cheng Mei Materials generated a negative expected return over the last 90 days | |
| About 25.0% of the company shares are owned by insiders or employees |
- Analyzing Cheng Mei'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 Cheng Mei's stock is overvalued or undervalued compared to its peers.
- Examining Cheng Mei'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 Cheng Mei's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cheng Mei's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cheng Mei's stock. These opinions can provide insight into Cheng Mei's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Cheng Stock Analysis
When running Cheng Mei's price analysis, check to measure Cheng Mei'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 Cheng Mei is operating at the current time. Most of Cheng Mei's value examination focuses on studying past and present price action to predict the probability of Cheng Mei's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheng Mei's price. Additionally, you may evaluate how the addition of Cheng Mei to your portfolios can decrease your overall portfolio volatility.