Chia Yi (Taiwan) Today

2067 Stock  TWD 12.40  0.40  3.13%   

Performance

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Odds Of Distress

Over 68

 
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Chia Yi is selling for under 12.40 as of the 28th of March 2024; that is -3.13 percent decrease since the beginning of the trading day. The stock's lowest day price was 12.4. Chia Yi has more than 68 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Chia Yi Steel are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of June 2022 and ending today, the 28th of March 2024. Click here to learn more.

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  0.621532 China Metal ProductsPairCorr

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Follow Valuation Odds of Bankruptcy
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Chia 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. Chia Yi's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Chia Yi or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman of the BoardGuangzhao Cao
Thematic IdeaIron (View all Themes)
Business ConcentrationIron, Metal Fabrication, Industrials (View all Sectors)
Chia Yi Steel (2067) is traded on Taiwan OTC Exchange in Taiwan and employs 17 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 478.46 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Chia Yi's market, we take the total number of its shares issued and multiply it by Chia Yi'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. Chia Yi Steel operates under Industrials sector and is part of Metal Fabrication industry. The entity has 45.14 M outstanding shares. Chia Yi generates positive cash flow from operations, but has no cash available
Check Chia Yi Probability Of Bankruptcy
Ownership Allocation
Chia Yi Steel retains a total of 45.14 Million outstanding shares. Chia Yi Steel retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Chia Ownership Details

Chia Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Chia Yi jumping above the current price in 90 days from now is close to 99%. The Chia Yi Steel probability density function shows the probability of Chia Yi stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Chia Yi has a beta of 0.0711. This suggests as returns on the market go up, Chia Yi average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Chia Yi Steel will be expected to be much smaller as well. Additionally, chia Yi Steel has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 12.4HorizonTargetOdds Above 12.4
0.91%90 days
 12.40 
99.06%
Based on a normal probability distribution, the odds of Chia Yi to move above the current price in 90 days from now is close to 99 (This Chia Yi Steel probability density function shows the probability of Chia Stock to fall within a particular range of prices over 90 days) .

Chia Yi Steel Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Chia Yi market risk premium is the additional return an investor will receive from holding Chia Yi 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 Chia Yi. 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 Chia Yi's alpha and beta are two of the key measurements used to evaluate Chia Yi's performance over the market, the standard measures of volatility play an important role as well.

Chia Stock Against Markets

Picking the right benchmark for Chia Yi 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 Chia Yi 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 Chia Yi is critical whether you are bullish or bearish towards Chia Yi Steel at a given time. Please also check how Chia Yi's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Chia Yi 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.

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Chia Yi Corporate Directors

Chia Yi corporate directors refer to members of a Chia Yi board of directors. The board of directors generally takes responsibility for the Chia Yi'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 Chia Yi's board members must vote for the resolution. The Chia Yi board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Yongshun WuGeneral Manager, DirectorProfile
Shunlai WenDeputy General Manager-Casting Division, DirectorProfile
Yinquan HeDirectorProfile
Hengjian CaoDeputy General Manager-Sales & Management, DirectorProfile

How to buy Chia Stock?

Before investing in Chia Yi, 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 Chia Yi. To buy Chia Yi stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Chia Yi. 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 Chia Yi stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Chia Yi Steel 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 Chia Yi Steel 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 Chia Yi Steel, 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 Chia Yi Steel?

The danger of trading Chia Yi Steel 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 Chia Yi 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 Chia Yi. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Chia Yi Steel 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 Chia Yi Steel. 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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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When running Chia Yi's price analysis, check to measure Chia Yi'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 Chia Yi is operating at the current time. Most of Chia Yi's value examination focuses on studying past and present price action to predict the probability of Chia Yi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chia Yi's price. Additionally, you may evaluate how the addition of Chia Yi to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Chia Yi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chia Yi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chia Yi's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.