Launch Technologies (Taiwan) Today
| 8420 Stock | TWD 40.05 0.15 0.37% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Launch Technologies is selling for under 40.05 as of the 23rd of April 2024; that is -0.37 percent down since the beginning of the trading day. The stock's lowest day price was 40.0. Launch Technologies has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Launch Technologies Co 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.
Launch Technologies Co., Ltd. engages in the research and development, manufacture, and sale of golf balls in Taiwan and internationally. The company was founded in 2006 and is headquartered in Pingtung, Taiwan. LAUNCH TECHNOLOGIES operates under Leisure classification in Taiwan and is traded on Taiwan OTC Exchange. The company has 50.99 M outstanding shares. More on Launch Technologies Co
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Launch 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. Launch Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Launch Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Anhao Liu |
| Business Concentration | Consumer Discretionary, Leisure Products, Leisure, Consumer Cyclical (View all Sectors) |
Launch Technologies Co (8420) is traded on Taiwan OTC Exchange in Taiwan and employs 626 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.19 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Launch Technologies's market, we take the total number of its shares issued and multiply it by Launch Technologies'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. Launch Technologies operates under Leisure Products sector and is part of Consumer Discretionary industry. The entity has 50.99 M outstanding shares.
Launch Technologies Co has accumulated about 95.89 M in cash with 380.69 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.88.
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Ownership AllocationLaunch Technologies Co holds a total of 50.99 Million outstanding shares. Launch Technologies Co secures 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. 79.8 % of Launch Technologies Co outstanding shares that are owned by insiders conveys that 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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Launch Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Launch Technologies jumping above the current price in 90 days from now is close to 99%. The Launch Technologies Co probability density function shows the probability of Launch Technologies stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Launch Technologies has a beta of 0.5409. This suggests as returns on the market go up, Launch Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Launch Technologies Co will be expected to be much smaller as well. Additionally, launch Technologies 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 Launch Technologies to move above the current price in 90 days from now is close to 99 (This Launch Technologies Co probability density function shows the probability of Launch Stock to fall within a particular range of prices over 90 days) .
Launch Technologies Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Launch Technologies market risk premium is the additional return an investor will receive from holding Launch Technologies 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 Launch Technologies. 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 Launch Technologies' alpha and beta are two of the key measurements used to evaluate Launch Technologies' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.36 | |||
| Standard Deviation | 2.45 | |||
| Variance | 5.98 | |||
| Risk Adjusted Performance | (0.14) |
Launch Stock Against Markets
Picking the right benchmark for Launch Technologies 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 Launch Technologies 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 Launch Technologies is critical whether you are bullish or bearish towards Launch Technologies Co at a given time. Please also check how Launch Technologies' 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 Launch Technologies 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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Launch Technologies Corporate Directors
Launch Technologies corporate directors refer to members of a Launch Technologies board of directors. The board of directors generally takes responsibility for the Launch Technologies' 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 Launch Technologies' board members must vote for the resolution. The Launch Technologies board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Yuanyou Chen | Director | Profile | |
| Guodong Zhu | General Manager, Director | Profile | |
| Ruizhang Lin | Director | Profile | |
| Qingzai Wu | Independent Director | Profile |
How to buy Launch Stock?
Before investing in Launch Technologies, 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 Launch Technologies. To buy Launch Technologies stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Launch Technologies. 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 Launch Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Launch Technologies 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 Launch Technologies 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 Launch Technologies 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 Launch Technologies Co?
The danger of trading Launch Technologies 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 Launch Technologies 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 Launch Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Launch Technologies 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 Launch Technologies 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Launch Stock analysis
When running Launch Technologies' price analysis, check to measure Launch Technologies' 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 Launch Technologies is operating at the current time. Most of Launch Technologies' value examination focuses on studying past and present price action to predict the probability of Launch Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Launch Technologies' price. Additionally, you may evaluate how the addition of Launch Technologies to your portfolios can decrease your overall portfolio volatility.
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