Logah Technology Corp Stock Beta
| 3593 Stock | TWD 11.15 0.05 0.45% |
Logah Technology Corp fundamentals help investors to digest information that contributes to Logah Technology's financial success or failures. It also enables traders to predict the movement of Logah Stock. The fundamental analysis module provides a way to measure Logah Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Logah Technology stock.
Logah |
Logah Technology Corp Company Beta Analysis
Logah Technology's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Logah Technology Beta | 0.44 |
Most of Logah Technology's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Logah Technology Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Logah Technology Corp has a Beta of 0.4438. This is 58.13% lower than that of the Electronic Equipment, Instruments & Components sector and 76.89% lower than that of the Information Technology industry. The beta for all Taiwan stocks is notably lower than that of the firm.
Logah Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Logah Technology's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Logah Technology could also be used in its relative valuation, which is a method of valuing Logah Technology by comparing valuation metrics of similar companies.Logah Technology is currently under evaluation in beta category among related companies.
As returns on the market increase, Logah Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Logah Technology is expected to be smaller as well.
Logah Fundamentals
| Return On Equity | -0.14 | |||
| Return On Asset | -0.0308 | |||
| Profit Margin | (0.08) % | |||
| Operating Margin | (0.07) % | |||
| Current Valuation | 1.52 B | |||
| Shares Outstanding | 93.04 M | |||
| Shares Owned By Insiders | 60.91 % | |||
| Price To Earning | 17.71 X | |||
| Price To Book | 2.35 X | |||
| Price To Sales | 1.28 X | |||
| Revenue | 1.21 B | |||
| Gross Profit | 101.91 M | |||
| EBITDA | 83.4 M | |||
| Net Income | 1.52 M | |||
| Cash And Equivalents | 72.83 M | |||
| Cash Per Share | 0.78 X | |||
| Total Debt | 24.67 M | |||
| Debt To Equity | 0.41 % | |||
| Current Ratio | 0.87 X | |||
| Book Value Per Share | 5.95 X | |||
| Cash Flow From Operations | 98.78 M | |||
| Earnings Per Share | (0.38) X | |||
| Number Of Employees | 30 | |||
| Beta | 0.44 | |||
| Market Capitalization | 1.13 B | |||
| Total Asset | 1.46 B | |||
| Retained Earnings | (403 M) | |||
| Working Capital | (253 M) | |||
| Current Asset | 529 M | |||
| Current Liabilities | 782 M | |||
| Z Score | 27.0 | |||
| Net Asset | 1.46 B |
About Logah Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Logah Technology Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Logah Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Logah Technology Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Logah Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Logah Technology's short interest history, or implied volatility extrapolated from Logah Technology options trading.
Thematic Opportunities
Explore Investment Opportunities
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Logah Technology Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Logah Stock analysis
When running Logah Technology's price analysis, check to measure Logah Technology'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 Logah Technology is operating at the current time. Most of Logah Technology's value examination focuses on studying past and present price action to predict the probability of Logah Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Logah Technology's price. Additionally, you may evaluate how the addition of Logah Technology to your portfolios can decrease your overall portfolio volatility.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |