Asia Tech (Taiwan) Performance

4974 Stock  TWD 105.50  4.00  3.65%   
The firm shows a Beta (market volatility) of -0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Asia Tech are expected to decrease at a much lower rate. During the bear market, Asia Tech is likely to outperform the market. Asia Tech Image right now shows a risk of 2.22%. Please confirm Asia Tech Image downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Asia Tech Image will be following its price patterns.

Risk-Adjusted Performance

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Over the last 90 days Asia Tech Image has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Asia Tech 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 Flow2.3 B
Total Cashflows From Investing Activities-221.9 M
  

Asia Tech Relative Risk vs. Return Landscape

If you would invest  10,550  in Asia Tech Image on September 26, 2024 and sell it today you would earn a total of  0.00  from holding Asia Tech Image or generate 0.0% return on investment over 90 days. Asia Tech Image is generating 0.024% of daily returns and assumes 2.22% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Asia, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
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Assuming the 90 days trading horizon Asia Tech is expected to generate 1.87 times less return on investment than the market. In addition to that, the company is 2.74 times more volatile than its market benchmark. It trades about 0.01 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.06 per unit of volatility.

Asia Tech Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Asia Tech's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Asia Tech Image, and traders can use it to determine the average amount a Asia Tech'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 = 0.0108

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Estimated Market Risk

 2.22
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81% of assets are more volatile

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Most of other assets have higher returns

Risk-Adjusted Return

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Based on monthly moving average Asia Tech 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 Asia Tech by adding Asia Tech to a well-diversified portfolio.

Asia Tech Fundamentals Growth

Asia Stock prices reflect investors' perceptions of the future prospects and financial health of Asia Tech, and Asia Tech 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 Asia Stock performance.

About Asia Tech Performance

Evaluating Asia Tech's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Asia Tech 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 Asia Tech 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.
Asia Tech Image Inc. designs, develops, assembles, manufactures, and sells customized contact image sensor modules in Taiwan, China, and Myanmar. The company was founded in 2004 and is based in New Taipei City, Taiwan. ASIA TECH is traded on Taiwan OTC Exchange in Taiwan.

Things to note about Asia Tech Image performance evaluation

Checking the ongoing alerts about Asia Tech for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Asia Tech Image help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
About 43.0% of the company shares are owned by insiders or employees
Evaluating Asia Tech's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Asia Tech's stock performance include:
  • Analyzing Asia Tech'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 Asia Tech's stock is overvalued or undervalued compared to its peers.
  • Examining Asia Tech'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 Asia Tech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Asia Tech's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Asia Tech's stock. These opinions can provide insight into Asia Tech's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Asia Tech's stock performance is not an exact science, and many factors can impact Asia Tech's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Additional Tools for Asia Stock Analysis

When running Asia Tech's price analysis, check to measure Asia Tech'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 Asia Tech is operating at the current time. Most of Asia Tech's value examination focuses on studying past and present price action to predict the probability of Asia Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Tech's price. Additionally, you may evaluate how the addition of Asia Tech to your portfolios can decrease your overall portfolio volatility.