Shin Hai (Taiwan) Performance
| 9926 Stock | TWD 52.70 0.50 0.96% |
The entity has a beta of 0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shin Hai's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shin Hai is expected to be smaller as well. At this point, Shin Hai Gas has a negative expected return of -0.0414%. Please make sure to validate Shin Hai's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Shin Hai Gas 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 Shin Hai Gas has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Shin Hai 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 | 468.5 M | |
| Total Cashflows From Investing Activities | -418 M |
Shin |
Shin Hai Relative Risk vs. Return Landscape
If you would invest 5,420 in Shin Hai Gas on September 3, 2024 and sell it today you would lose (150.00) from holding Shin Hai Gas or give up 2.77% of portfolio value over 90 days. Shin Hai Gas is generating negative expected returns and assumes 0.7987% volatility on return distribution over the 90 days horizon. Simply put, 7% of stocks are less volatile than Shin, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Shin Hai Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shin Hai's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Shin Hai Gas, and traders can use it to determine the average amount a Shin Hai'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 = -0.0518
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| Negative Returns | 9926 |
Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.04 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 Shin Hai 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 Shin Hai by adding Shin Hai to a well-diversified portfolio.
Shin Hai Fundamentals Growth
Shin Stock prices reflect investors' perceptions of the future prospects and financial health of Shin Hai, and Shin Hai 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 Shin Stock performance.
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0407 | |||
| Profit Margin | 0.20 % | |||
| Operating Margin | 0.21 % | |||
| Current Valuation | 7.02 B | |||
| Shares Outstanding | 179.5 M | |||
| Price To Earning | 22.29 X | |||
| Price To Book | 2.64 X | |||
| Price To Sales | 4.14 X | |||
| Revenue | 2.14 B | |||
| EBITDA | 862.52 M | |||
| Cash And Equivalents | 1.76 B | |||
| Cash Per Share | 9.78 X | |||
| Total Debt | 4.03 M | |||
| Debt To Equity | 0.10 % | |||
| Book Value Per Share | 19.29 X | |||
| Cash Flow From Operations | 883.07 M | |||
| Earnings Per Share | 2.52 X | |||
| Total Asset | 7.42 B | |||
| Retained Earnings | 658 M | |||
| Current Asset | 2.2 B | |||
| Current Liabilities | 1.2 B | |||
About Shin Hai Performance
Evaluating Shin Hai's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Shin Hai 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 Shin Hai 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.
The company also offers interrupting devices, microcomputer gas meters, safety equipment, stoves, and dryers. The company was founded in 1966 and is based in New Taipei City, Taiwan. SHIN HAI operates under Utilities - Regulated Gas classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Shin Hai Gas performance evaluation
Checking the ongoing alerts about Shin Hai for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Shin Hai Gas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Shin Hai Gas generated a negative expected return over the last 90 days | |
| About 52.0% of the company shares are owned by insiders or employees |
- Analyzing Shin Hai'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 Shin Hai's stock is overvalued or undervalued compared to its peers.
- Examining Shin Hai'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 Shin Hai's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Shin Hai's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Shin Hai's stock. These opinions can provide insight into Shin Hai's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Shin Stock Analysis
When running Shin Hai's price analysis, check to measure Shin Hai'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 Shin Hai is operating at the current time. Most of Shin Hai's value examination focuses on studying past and present price action to predict the probability of Shin Hai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shin Hai's price. Additionally, you may evaluate how the addition of Shin Hai to your portfolios can decrease your overall portfolio volatility.