Ritek Corp (Taiwan) Analysis
| 2349 Stock | TWD 15.10 0.35 2.27% |
Ritek Corp is overvalued with Real Value of 12.62 and Hype Value of 15.1. The main objective of Ritek Corp stock analysis is to determine its intrinsic value, which is an estimate of what Ritek Corp is worth, separate from its market price. There are two main types of Ritek Corp's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Ritek Corp's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Ritek Corp's stock to identify patterns and trends that may indicate its future price movements.
The Ritek Corp 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. Ritek Corp is usually not traded on National Day of the Republic of China. Ritek Stock trading window is adjusted to Asia/Shanghai timezone.
Ritek |
Ritek Stock Analysis Notes
The company has Price-to-Book (P/B) ratio of 0.95. In the past many companies with similar price-to-book ratios have beat the market. Ritek Corp recorded a loss per share of 0.49. The entity last dividend was issued on the 10th of August 2004. The firm had 540:1000 split on the 29th of September 2020. RITEK Corporation manufactures and markets optical storage media products worldwide. RITEK Corporation was founded in 1988 and is headquartered in Hsinchu City, Taiwan. RITEK CORP operates under Computer Hardware classification in Taiwan and is traded on Taiwan Stock Exchange. For more info on Ritek Corp please contact Chuijing Ye at 886 3 598 5696 or go to https://www.ritek.com.Ritek Corp Investment Alerts
| Ritek Corp generated a negative expected return over the last 90 days | |
| The company reported the revenue of 7.48 B. Net Loss for the year was (341.24 M) with profit before overhead, payroll, taxes, and interest of 1.19 B. |
Ritek Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.66 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ritek Corp's market, we take the total number of its shares issued and multiply it by Ritek Corp'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.Ritek Profitablity
Ritek Corp's profitability indicators refer to fundamental financial ratios that showcase Ritek Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Ritek Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Ritek Corp'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 Ritek Corp's profitability requires more research than a typical breakdown of Ritek Corp'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 (0.02) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.04) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.04. Technical Drivers
As of the 1st of December, Ritek Corp holds the Coefficient Of Variation of (1,566), variance of 7.75, and Risk Adjusted Performance of (0.04). Ritek Corp technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Please check Ritek Corp information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if Ritek Corp is priced some-what accurately, providing market reflects its current price of 15.1 per share.Ritek Corp Price Movement Analysis
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Ritek Corp Outstanding Bonds
Ritek Corp 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. Ritek Corp 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 Ritek bonds can be classified according to their maturity, which is the date when Ritek Corp 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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Ritek Corp Predictive Daily Indicators
Ritek Corp 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 Ritek Corp 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.
Ritek Corp Forecast Models
Ritek Corp's time-series forecasting models are one of many Ritek Corp'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 Ritek Corp'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 Ritek Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Ritek Corp 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 Ritek 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 Ritek Corp. By using and applying Ritek Stock analysis, traders can create a robust methodology for identifying Ritek entry and exit points for their positions.
RITEK Corporation manufactures and markets optical storage media products worldwide. RITEK Corporation was founded in 1988 and is headquartered in Hsinchu City, Taiwan. RITEK CORP operates under Computer Hardware classification in Taiwan and is traded on Taiwan Stock Exchange.
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Additional Tools for Ritek Stock Analysis
When running Ritek Corp's price analysis, check to measure Ritek Corp'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 Ritek Corp is operating at the current time. Most of Ritek Corp's value examination focuses on studying past and present price action to predict the probability of Ritek Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ritek Corp's price. Additionally, you may evaluate how the addition of Ritek Corp to your portfolios can decrease your overall portfolio volatility.