Hai Kwang (Taiwan) Analysis
| 2038 Stock | TWD 15.70 0.15 0.96% |
Hai Kwang Enterprise is overvalued with Real Value of 12.72 and Hype Value of 15.7. The main objective of Hai Kwang stock analysis is to determine its intrinsic value, which is an estimate of what Hai Kwang Enterprise is worth, separate from its market price. There are two main types of Hai Kwang's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Hai Kwang's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Hai Kwang's stock to identify patterns and trends that may indicate its future price movements.
The Hai Kwang stock is traded in Taiwan on Taiwan Stock Exchange, with the market opening at 09:00:00 and closing at 13:30:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Taiwan. Hai Kwang is usually not traded on National Day of the Republic of China. Hai Stock trading window is adjusted to Asia/Shanghai timezone.
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Hai Stock Analysis Notes
About 48.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 0.99. In the past many companies with similar price-to-book ratios have beat the market. Hai Kwang Enterprise last dividend was issued on the 26th of August 2022. The entity had 1000:1050 split on the 27th of August 2023. Hai Kwang Enterprise Corporation manufactures and sells steel and billets in Taiwan and internationally. The company was founded in 1988 and is based in Kaohsiung, Taiwan. HAI KWANG is traded on Taiwan Stock Exchange in Taiwan. For more info on Hai Kwang Enterprise please contact the company at 886 7 8021 011 or go to https://www.haikwang.com.tw.Hai Kwang Enterprise Investment Alerts
| Hai Kwang Enterprise generated a negative expected return over the last 90 days | |
| Hai Kwang Enterprise has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 48.0% of the company shares are owned by insiders or employees |
Hai Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.11 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hai Kwang's market, we take the total number of its shares issued and multiply it by Hai Kwang's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Hai Profitablity
Hai Kwang's profitability indicators refer to fundamental financial ratios that showcase Hai Kwang's ability to generate income relative to its revenue or operating costs. If, let's say, Hai Kwang is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Hai Kwang's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Hai Kwang's profitability requires more research than a typical breakdown of Hai Kwang's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.03 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.02 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.02. Technical Drivers
As of the 25th of December, Hai Kwang retains the Market Risk Adjusted Performance of (1.81), standard deviation of 2.09, and Risk Adjusted Performance of (0.05). Hai Kwang technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Hai Kwang Enterprise mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Hai Kwang is priced fairly, providing market reflects its last-minute price of 15.7 per share.Hai Kwang Enterprise Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Hai Kwang middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Hai Kwang Enterprise. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Hai Kwang Outstanding Bonds
Hai Kwang issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Hai Kwang Enterprise uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Hai bonds can be classified according to their maturity, which is the date when Hai Kwang Enterprise has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Hai Kwang Predictive Daily Indicators
Hai Kwang intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Hai Kwang stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 2063.79 | |||
| Daily Balance Of Power | 0.6 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 15.73 | |||
| Day Typical Price | 15.72 | |||
| Price Action Indicator | 0.05 | |||
| Period Momentum Indicator | 0.15 |
Hai Kwang Forecast Models
Hai Kwang's time-series forecasting models are one of many Hai Kwang's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Hai Kwang's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Hai Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Hai Kwang prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Hai shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Hai Kwang. By using and applying Hai Stock analysis, traders can create a robust methodology for identifying Hai entry and exit points for their positions.
Hai Kwang Enterprise Corporation manufactures and sells steel and billets in Taiwan and internationally. The company was founded in 1988 and is based in Kaohsiung, Taiwan. HAI KWANG is traded on Taiwan Stock Exchange in Taiwan.
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Additional Tools for Hai Stock Analysis
When running Hai Kwang's price analysis, check to measure Hai Kwang'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 Hai Kwang is operating at the current time. Most of Hai Kwang's value examination focuses on studying past and present price action to predict the probability of Hai Kwang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hai Kwang's price. Additionally, you may evaluate how the addition of Hai Kwang to your portfolios can decrease your overall portfolio volatility.