Song Shang (Taiwan) Performance
| 6156 Stock | TWD 27.85 0.25 0.89% |
The entity has a beta of -0.0627, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Song Shang are expected to decrease at a much lower rate. During the bear market, Song Shang is likely to outperform the market. At this point, Song Shang Electronics has a negative expected return of -7.0E-4%. Please make sure to validate Song Shang's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Song Shang 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 Song Shang Electronics has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Song Shang 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 | 417 M | |
| Total Cashflows From Investing Activities | 215.4 M |
Song |
Song Shang Relative Risk vs. Return Landscape
If you would invest 2,925 in Song Shang Electronics on September 14, 2024 and sell it today you would lose (140.00) from holding Song Shang Electronics or give up 4.79% of portfolio value over 90 days. Song Shang Electronics is generating negative expected returns and assumes 3.9928% volatility on return distribution over the 90 days horizon. Simply put, 35% of stocks are less volatile than Song, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Song Shang Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Song Shang's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Song Shang Electronics, and traders can use it to determine the average amount a Song Shang'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 = -2.0E-4
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6156 |
Estimated Market Risk
| 3.99 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.0 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 Song Shang 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 Song Shang by adding Song Shang to a well-diversified portfolio.
Song Shang Fundamentals Growth
Song Stock prices reflect investors' perceptions of the future prospects and financial health of Song Shang, and Song Shang 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 Song Stock performance.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0113 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 1.62 B | |||
| Shares Outstanding | 78.03 M | |||
| Price To Earning | 7.41 X | |||
| Price To Book | 1.11 X | |||
| Price To Sales | 0.35 X | |||
| Revenue | 4.69 B | |||
| EBITDA | 294.67 M | |||
| Cash And Equivalents | 1.04 B | |||
| Cash Per Share | 12.76 X | |||
| Total Debt | 167.47 M | |||
| Debt To Equity | 36.80 % | |||
| Book Value Per Share | 18.50 X | |||
| Cash Flow From Operations | 170.71 M | |||
| Earnings Per Share | 2.23 X | |||
| Total Asset | 4.22 B | |||
About Song Shang Performance
Evaluating Song Shang's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Song Shang 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 Song Shang 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.
Song Shang Electronics Co., Ltd. manufactures and sells magnetic components, printed circuit boards, and LED products. Song Shang Electronics Co., Ltd. was founded in 1988 and is based in New Taipei City, Taiwan. SONG SHANG operates under Electronic Components classification in Taiwan and is traded on Taiwan OTC Exchange.Things to note about Song Shang Electronics performance evaluation
Checking the ongoing alerts about Song Shang for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Song Shang Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Song Shang generated a negative expected return over the last 90 days | |
| Song Shang has high historical volatility and very poor performance | |
| About 31.0% of the company shares are owned by insiders or employees |
- Analyzing Song Shang'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 Song Shang's stock is overvalued or undervalued compared to its peers.
- Examining Song Shang'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 Song Shang's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Song Shang's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Song Shang's stock. These opinions can provide insight into Song Shang's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Song Stock Analysis
When running Song Shang's price analysis, check to measure Song Shang'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 Song Shang is operating at the current time. Most of Song Shang's value examination focuses on studying past and present price action to predict the probability of Song Shang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Song Shang's price. Additionally, you may evaluate how the addition of Song Shang to your portfolios can decrease your overall portfolio volatility.