Promate Electronic (Taiwan) Analysis

6189 Stock  TWD 80.00  1.00  1.23%   
Promate Electronic Co is overvalued with Real Value of 67.2 and Hype Value of 80.0. The main objective of Promate Electronic stock analysis is to determine its intrinsic value, which is an estimate of what Promate Electronic Co is worth, separate from its market price. There are two main types of Promate Electronic's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Promate Electronic's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Promate Electronic's stock to identify patterns and trends that may indicate its future price movements.
The Promate Electronic 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. Promate Electronic is usually not traded on National Day of the Republic of China. Promate Stock trading window is adjusted to Asia/Shanghai timezone.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Promate Electronic Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Promate Stock Analysis Notes

About 14.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.56. In the past many companies with similar price-to-book ratios have beat the market. Promate Electronic last dividend was issued on the 19th of July 2022. The entity had 105:100 split on the 30th of July 2008. ,Ltd. operates as a franchised distributor of semi-conductor products in Taiwan and internationally. ,Ltd. was founded in 1986 and is headquartered in Taipei, Taiwan. PROMATE ELECTRONIC is traded on Taiwan Stock Exchange in Taiwan. For more info on Promate Electronic Co please contact Eric Chen at 886 2 2659 0303 or go to https://www.promate.com.tw.

Promate Electronic Investment Alerts

Promate Electronic generated a negative expected return over the last 90 days
About 14.0% of the company shares are owned by insiders or employees

Promate Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.03 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Promate Electronic's market, we take the total number of its shares issued and multiply it by Promate Electronic'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.

Promate Profitablity

Promate Electronic's profitability indicators refer to fundamental financial ratios that showcase Promate Electronic's ability to generate income relative to its revenue or operating costs. If, let's say, Promate Electronic is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Promate Electronic'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 Promate Electronic's profitability requires more research than a typical breakdown of Promate Electronic'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 0.03 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.03.

Technical Drivers

As of the 21st of December, Promate Electronic holds the Coefficient Of Variation of (3,566), variance of 1.81, and Risk Adjusted Performance of (0.02). Promate Electronic 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 Promate Electronic standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Promate Electronic is priced some-what accurately, providing market reflects its current price of 80.0 per share.

Promate Electronic Price Movement Analysis

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The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Promate Electronic 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 Promate Electronic. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Promate Electronic Outstanding Bonds

Promate Electronic 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. Promate Electronic 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 Promate bonds can be classified according to their maturity, which is the date when Promate Electronic Co 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.

Promate Electronic Predictive Daily Indicators

Promate Electronic 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 Promate Electronic 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.

Promate Electronic Forecast Models

Promate Electronic's time-series forecasting models are one of many Promate Electronic'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 Promate Electronic'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 Promate Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Promate Electronic 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 Promate 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 Promate Electronic. By using and applying Promate Stock analysis, traders can create a robust methodology for identifying Promate entry and exit points for their positions.
,Ltd. operates as a franchised distributor of semi-conductor products in Taiwan and internationally. ,Ltd. was founded in 1986 and is headquartered in Taipei, Taiwan. PROMATE ELECTRONIC is traded on Taiwan Stock Exchange in Taiwan.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Promate Electronic to your portfolios without increasing risk or reducing expected return.

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Additional Tools for Promate Stock Analysis

When running Promate Electronic's price analysis, check to measure Promate Electronic'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 Promate Electronic is operating at the current time. Most of Promate Electronic's value examination focuses on studying past and present price action to predict the probability of Promate Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Promate Electronic's price. Additionally, you may evaluate how the addition of Promate Electronic to your portfolios can decrease your overall portfolio volatility.