Planet Technology (Taiwan) Today

6263 Stock  TWD 156.00  0.50  0.32%   

Performance

3 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Planet Technology is selling for under 156.00 as of the 28th of March 2024; that is 0.32 percent up since the beginning of the trading day. The stock's lowest day price was 155.5. Planet Technology has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Planet Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Planet Technology Corporation provides IP-based networking products and solutions for small-to-medium-sized businesses, enterprises, and SOHO markets worldwide. The company was founded in 1993 and is based in New Taipei City, Taiwan. PLANET TECHNOLOGY operates under Communication Equipment classification in Taiwan and is traded on Taiwan OTC Exchange. The company has 62.5 M outstanding shares. More on Planet Technology

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Planet 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. Planet Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Planet Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanQinggang Chen
Business ConcentrationCommunication Equipment, Technology (View all Sectors)
Planet Technology (6263) is traded on Taiwan OTC Exchange in Taiwan and employs 155 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.44 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Planet Technology's market, we take the total number of its shares issued and multiply it by Planet Technology'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. Planet Technology operates under Technology sector and is part of Communication Equipment industry. The entity has 62.5 M outstanding shares. Planet Technology has accumulated about 1.38 B in cash with 370.13 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 22.02.
Check Planet Technology Probability Of Bankruptcy
Ownership Allocation
Planet Technology has a total of 62.5 Million outstanding shares. Planet Technology has 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. 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 Planet Ownership Details

Planet Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Planet Technology jumping above the current price in 90 days from now is about 34.74%. The Planet Technology probability density function shows the probability of Planet Technology stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Planet Technology has a beta of 0.3554. This suggests as returns on the market go up, Planet Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Planet Technology will be expected to be much smaller as well. Additionally, planet Technology has an alpha of 0.2977, implying that it can generate a 0.3 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 156.0HorizonTargetOdds Above 156.0
65.10%90 days
 156.00 
34.74%
Based on a normal probability distribution, the odds of Planet Technology to move above the current price in 90 days from now is about 34.74 (This Planet Technology probability density function shows the probability of Planet Stock to fall within a particular range of prices over 90 days) .

Planet Technology Risk Profiles

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

Planet Stock Against Markets

Picking the right benchmark for Planet Technology 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 Planet Technology 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 Planet Technology is critical whether you are bullish or bearish towards Planet Technology at a given time. Please also check how Planet Technology'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 Planet Technology 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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Planet Technology Corporate Directors

Planet Technology corporate directors refer to members of a Planet Technology board of directors. The board of directors generally takes responsibility for the Planet Technology'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 Planet Technology's board members must vote for the resolution. The Planet Technology board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Shuijiang ZhangIndependent DirectorProfile
Yichuan LiDirectorProfile
Hualing XuDeputy General Manager, DirectorProfile
Xinxian HuangIndependent DirectorProfile

How to buy Planet Stock?

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

The danger of trading Planet Technology 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 Planet Technology 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 Planet Technology. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Planet Technology 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 Planet Technology. 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running Planet Technology's price analysis, check to measure Planet 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 Planet Technology is operating at the current time. Most of Planet Technology's value examination focuses on studying past and present price action to predict the probability of Planet 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 Planet Technology's price. Additionally, you may evaluate how the addition of Planet Technology to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Planet Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Technology'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.