Thye Ming (Taiwan) Performance
| 9927 Stock | TWD 65.80 0.60 0.92% |
The entity has a beta of -0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Thye Ming are expected to decrease at a much lower rate. During the bear market, Thye Ming is likely to outperform the market. At this point, Thye Ming Industrial has a negative expected return of -0.24%. Please make sure to validate Thye Ming's value at risk, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if Thye Ming Industrial 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 Thye Ming Industrial has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in January 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 958.5 M | |
| Total Cashflows From Investing Activities | 26.1 M |
Thye |
Thye Ming Relative Risk vs. Return Landscape
If you would invest 7,710 in Thye Ming Industrial on September 5, 2024 and sell it today you would lose (1,130) from holding Thye Ming Industrial or give up 14.66% of portfolio value over 90 days. Thye Ming Industrial is generating negative expected returns and assumes 1.2944% volatility on return distribution over the 90 days horizon. Simply put, 11% of stocks are less volatile than Thye, 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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Thye Ming Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thye Ming's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Thye Ming Industrial, and traders can use it to determine the average amount a Thye Ming'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 = -0.1876
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| Negative Returns | 9927 |
Estimated Market Risk
| 1.29 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thye Ming 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 Thye Ming by adding Thye Ming to a well-diversified portfolio.
Thye Ming Fundamentals Growth
Thye Stock prices reflect investors' perceptions of the future prospects and financial health of Thye Ming, and Thye Ming 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 Thye Stock performance.
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0721 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 4.17 B | |||
| Shares Outstanding | 167.32 M | |||
| Price To Earning | 11.65 X | |||
| Price To Book | 1.07 X | |||
| Price To Sales | 0.65 X | |||
| Revenue | 8.84 B | |||
| EBITDA | 1.1 B | |||
| Cash And Equivalents | 2.16 B | |||
| Cash Per Share | 10.31 X | |||
| Total Debt | 390.18 M | |||
| Debt To Equity | 0.07 % | |||
| Book Value Per Share | 35.39 X | |||
| Cash Flow From Operations | 794.88 M | |||
| Earnings Per Share | 4.38 X | |||
| Total Asset | 6.91 B | |||
| Retained Earnings | 1.85 B | |||
| Current Asset | 5.62 B | |||
| Current Liabilities | 1.9 B | |||
About Thye Ming Performance
Evaluating Thye Ming's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Thye Ming 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 Thye Ming 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.
Thye Ming Industrial Co., Ltd. manufactures and sells lead alloys and lead oxide in Asia. The company was founded in 1994 and is based in Kaohsiung, Taiwan. THYE MING is traded on Taiwan Stock Exchange in Taiwan.Things to note about Thye Ming Industrial performance evaluation
Checking the ongoing alerts about Thye Ming for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Thye Ming Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Thye Ming Industrial generated a negative expected return over the last 90 days | |
| About 42.0% of the company shares are owned by insiders or employees |
- Analyzing Thye Ming'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 Thye Ming's stock is overvalued or undervalued compared to its peers.
- Examining Thye Ming'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 Thye Ming's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thye Ming's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Thye Ming's stock. These opinions can provide insight into Thye Ming's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Thye Stock Analysis
When running Thye Ming's price analysis, check to measure Thye Ming'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 Thye Ming is operating at the current time. Most of Thye Ming's value examination focuses on studying past and present price action to predict the probability of Thye Ming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thye Ming's price. Additionally, you may evaluate how the addition of Thye Ming to your portfolios can decrease your overall portfolio volatility.