Reward Wool (Taiwan) Today
| 1423 Stock | TWD 31.10 0.05 0.16% |
Performance2 of 100
| Odds Of DistressLess than 45
|
Reward Wool is selling for under 31.10 as of the 23rd of April 2024; that is 0.16 percent increase since the beginning of the trading day. The stock's lowest day price was 31.1. Reward Wool has 45 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Reward Wool Industry are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Reward Wool Industry Corporation produces and sells wool products in Taiwan. The company was founded in 1964 and is headquartered in Taipei, Taiwan. REWARD WOOL operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange. The company has 138.4 M outstanding shares. More on Reward Wool Industry
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| 0.63 | 0051 | YuantaP shares Taiwan | PairCorr |
Follow Valuation Odds of Bankruptcy
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Reward Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Reward Wool's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Reward Wool or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Rouer Ying |
| Business Concentration | Consumer Discretionary, Textiles, Apparel & Luxury Goods, Textile Manufacturing, Consumer Cyclical (View all Sectors) |
Reward Wool Industry (1423) is traded on Taiwan Stock Exchange in Taiwan and employs 55 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.84 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Reward Wool's market, we take the total number of its shares issued and multiply it by Reward Wool'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. Reward Wool Industry operates under Textiles, Apparel & Luxury Goods sector and is part of Consumer Discretionary industry. The entity has 138.4 M outstanding shares.
Reward Wool Industry has accumulated about 594.27 M in cash with 394.22 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.29.
Check Reward Wool Probability Of Bankruptcy
Ownership AllocationReward Wool Industry has a total of 138.4 Million outstanding shares. Reward Wool holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 64.4 pct. of Reward Wool Industry outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
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Reward Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Reward Wool jumping above the current price in 90 days from now is about 23.06%. The Reward Wool Industry probability density function shows the probability of Reward Wool stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Reward Wool Industry has a beta of -0.1445. This suggests as returns on the benchmark increase, returns on holding Reward Wool are expected to decrease at a much lower rate. During a bear market, however, Reward Wool Industry is likely to outperform the market. Additionally, reward Wool Industry has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Reward Wool to move above the current price in 90 days from now is about 23.06 (This Reward Wool Industry probability density function shows the probability of Reward Stock to fall within a particular range of prices over 90 days) .
Reward Wool Industry Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Reward Wool market risk premium is the additional return an investor will receive from holding Reward Wool long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Reward Wool. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Reward Wool's alpha and beta are two of the key measurements used to evaluate Reward Wool's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.312 | |||
| Standard Deviation | 0.4701 | |||
| Variance | 0.221 | |||
| Risk Adjusted Performance | (0.02) |
Reward Stock Against Markets
Picking the right benchmark for Reward Wool stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Reward Wool stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Reward Wool is critical whether you are bullish or bearish towards Reward Wool Industry at a given time. Please also check how Reward Wool's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Reward Wool without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Reward Wool Corporate Directors
Reward Wool corporate directors refer to members of a Reward Wool board of directors. The board of directors generally takes responsibility for the Reward Wool's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Reward Wool's board members must vote for the resolution. The Reward Wool board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Zhaoming Chen | General Manager, Head-Finance, Director | Profile | |
| Shuqiong Chen | Independent Director | Profile | |
| Yixian Zhao | Director | Profile | |
| Guanzhi Wang | Director | Profile |
How to buy Reward Stock?
Before investing in Reward Wool, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Reward Wool. To buy Reward Wool stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Reward Wool. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Reward Wool stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Reward Wool Industry stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Reward Wool Industry stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Reward Wool Industry, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Reward Wool Industry?
The danger of trading Reward Wool Industry is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Reward Wool is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Reward Wool. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Reward Wool Industry is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Reward Wool Industry. 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Reward Stock analysis
When running Reward Wool's price analysis, check to measure Reward Wool'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 Reward Wool is operating at the current time. Most of Reward Wool's value examination focuses on studying past and present price action to predict the probability of Reward Wool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reward Wool's price. Additionally, you may evaluate how the addition of Reward Wool to your portfolios can decrease your overall portfolio volatility.
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