First Steamship (Taiwan) Today
| 2601 Stock | TWD 7.65 0.02 0.26% |
Performance0 of 100
| Odds Of DistressLess than 41
|
First Steamship is selling for under 7.65 as of the 24th of April 2024; that is -0.26 percent down since the beginning of the trading day. The stock's lowest day price was 7.61. First Steamship has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for First Steamship Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
First Steamship Company, Ltd. operates as a shipping company in Taiwan. First Steamship Company, Ltd. was founded in 1963 and is based in Taipei City, Taiwan. FIRST STEAMSHIP is traded on Taiwan Stock Exchange in Taiwan. The company has 824.78 M outstanding shares. More on First Steamship Co
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Follow Valuation Odds of Bankruptcy
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First 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. First Steamship's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Steamship or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | JenHao Kuo |
| Business Concentration | Industrials, Marine, Shipping & Ports, Industrials (View all Sectors) |
First Steamship Co (2601) is traded on Taiwan Stock Exchange in Taiwan and employs 27 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.94 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate First Steamship's market, we take the total number of its shares issued and multiply it by First Steamship'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. First Steamship operates under Marine sector and is part of Industrials industry. The entity has 824.78 M outstanding shares.
First Steamship Co has accumulated about 4.99 B in cash with 2.55 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.91, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check First Steamship Probability Of Bankruptcy
Ownership AllocationFirst Steamship retains a total of 824.78 Million outstanding shares. First Steamship Co shows 12.03 percent of its outstanding shares held by insiders and 5.68 percent owned by other corporate entities. 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.
Check First Ownership Details
First Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of First Steamship jumping above the current price in 90 days from now is about 90.37%. The First Steamship Co probability density function shows the probability of First Steamship stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon First Steamship has a beta of 0.3068. This suggests as returns on the market go up, First Steamship average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding First Steamship Co will be expected to be much smaller as well. Additionally, first Steamship Co 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 First Steamship to move above the current price in 90 days from now is about 90.37 (This First Steamship Co probability density function shows the probability of First Stock to fall within a particular range of prices over 90 days) .
First Steamship Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. First Steamship market risk premium is the additional return an investor will receive from holding First Steamship 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 First Steamship. 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 First Steamship's alpha and beta are two of the key measurements used to evaluate First Steamship's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6977 | |||
| Standard Deviation | 0.9332 | |||
| Variance | 0.8708 | |||
| Risk Adjusted Performance | (0.11) |
First Stock Against Markets
Picking the right benchmark for First Steamship 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 First Steamship 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 First Steamship is critical whether you are bullish or bearish towards First Steamship Co at a given time. Please also check how First Steamship'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 First Steamship 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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First Steamship Corporate Directors
First Steamship corporate directors refer to members of a First Steamship board of directors. The board of directors generally takes responsibility for the First Steamship'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 First Steamship's board members must vote for the resolution. The First Steamship board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Swee Yee | Independent Director | Profile | |
| Miaolong Xie | CFO, General Manager, Director | Profile | |
| Zengping Zhao | Independent Director | Profile | |
| Weide Qiu | Chief Audit Officer, Director | Profile |
How to buy First Stock?
Before investing in First Steamship, 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 First Steamship. To buy First Steamship stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of First Steamship. 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 First Steamship stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located First Steamship Co 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 First Steamship Co 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 First Steamship Co, 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 First Steamship Co?
The danger of trading First Steamship Co 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 First Steamship 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 First Steamship. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Steamship 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 First Steamship Co. 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for First Stock analysis
When running First Steamship's price analysis, check to measure First Steamship'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 First Steamship is operating at the current time. Most of First Steamship's value examination focuses on studying past and present price action to predict the probability of First Steamship's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Steamship's price. Additionally, you may evaluate how the addition of First Steamship to your portfolios can decrease your overall portfolio volatility.
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