Tong Hsing (Taiwan) Today
| 6271 Stock | TWD 151.50 10.50 7.45% |
Performance4 of 100
| Odds Of DistressLess than 9
|
Tong Hsing is selling for under 151.50 as of the 18th of April 2024; that is 7.45 percent increase since the beginning of the trading day. The stock's lowest day price was 143.5. Tong Hsing 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 Tong Hsing Electronic are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of April 2022 and ending today, the 18th of April 2024. Click here to learn more.
Tong Hsing Electronic Industries, Ltd. develops, manufactures, and sells micro modules and custom semiconductor packages in Taiwan. The company was founded in 1974 and is headquartered in Taipei, Taiwan. TONG HSING is traded on Taiwan Stock Exchange in Taiwan. The company has 160.81 M outstanding shares. More on Tong Hsing Electronic
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Tong 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. Tong Hsing's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tong Hsing or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Huijie Yang |
| Business Concentration | Information Technology, Electronic Equipment, Instruments & Components, Semiconductor Equipment & Materials, Technology (View all Sectors) |
Tong Hsing Electronic (6271) is traded on Taiwan Stock Exchange in Taiwan and employs 16 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 37.31 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tong Hsing's market, we take the total number of its shares issued and multiply it by Tong Hsing'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. Tong Hsing Electronic operates under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 160.81 M outstanding shares.
Tong Hsing Electronic has accumulated about 5.48 B in cash with 4.61 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 33.12.
Check Tong Hsing Probability Of Bankruptcy
Ownership AllocationTong Hsing Electronic shows a total of 160.81 Million outstanding shares. Tong Hsing Electronic has significant amount of outstanding shares owned by insiders and institutional investors .Since such a large part of the company is not owned by regular investors, we recommend to check if there were significant buying or selling the Tong Hsing Electronic stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Tong Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Tong Hsing jumping above the current price in 90 days from now is about 12.07%. The Tong Hsing Electronic probability density function shows the probability of Tong Hsing stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Tong Hsing Electronic has a beta of -0.0243. This suggests as returns on the benchmark increase, returns on holding Tong Hsing are expected to decrease at a much lower rate. During a bear market, however, Tong Hsing Electronic is likely to outperform the market. Additionally, tong Hsing Electronic 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 Tong Hsing to move above the current price in 90 days from now is about 12.07 (This Tong Hsing Electronic probability density function shows the probability of Tong Stock to fall within a particular range of prices over 90 days) .
Tong Hsing Electronic Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Tong Hsing market risk premium is the additional return an investor will receive from holding Tong Hsing 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 Tong Hsing. 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 Tong Hsing's alpha and beta are two of the key measurements used to evaluate Tong Hsing's performance over the market, the standard measures of volatility play an important role as well.
Tong Stock Against Markets
Picking the right benchmark for Tong Hsing 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 Tong Hsing 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 Tong Hsing is critical whether you are bullish or bearish towards Tong Hsing Electronic at a given time. Please also check how Tong Hsing'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 Tong Hsing 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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Tong Hsing Corporate Directors
Tong Hsing corporate directors refer to members of a Tong Hsing board of directors. The board of directors generally takes responsibility for the Tong Hsing'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 Tong Hsing's board members must vote for the resolution. The Tong Hsing board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Anxiong Zeng | Director | Profile | |
| JinTsai Chen | Independent Director | Profile | |
| Jiahong Cai | Independent Director | Profile | |
| Jincai Chen | Independent Director | Profile |
How to buy Tong Stock?
Before investing in Tong Hsing, 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 Tong Hsing. To buy Tong Hsing stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tong Hsing. 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 Tong Hsing stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Tong Hsing Electronic 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 Tong Hsing Electronic 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 Tong Hsing Electronic, 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 Tong Hsing Electronic?
The danger of trading Tong Hsing Electronic 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 Tong Hsing 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 Tong Hsing. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tong Hsing Electronic 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 Tong Hsing Electronic. 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Tong Stock analysis
When running Tong Hsing's price analysis, check to measure Tong Hsing'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 Tong Hsing is operating at the current time. Most of Tong Hsing's value examination focuses on studying past and present price action to predict the probability of Tong Hsing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tong Hsing's price. Additionally, you may evaluate how the addition of Tong Hsing to your portfolios can decrease your overall portfolio volatility.
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