Ruentex Development (Taiwan) Today
| 9945 Stock | TWD 36.85 0.10 0.27% |
Performance3 of 100
| Odds Of DistressLess than 9
|
Ruentex Development is selling for under 36.85 as of the 24th of April 2024; that is -0.27 percent decrease since the beginning of the trading day. The stock's lowest day price was 36.65. Ruentex Development 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 Ruentex Development 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.
Ruentex Development Co., Ltd. provides construction and civil engineering contracting services in Taiwan. Ruentex Development Co., Ltd. was incorporated in 1977 and is headquartered in Taipei, Taiwan. RUENTEX DEVELOPMENT operates under Engineering Construction classification in Taiwan and is traded on Taiwan Stock Exchange.. The company has 3.15 B outstanding shares. More on Ruentex Development Co
Moving against Ruentex Stock
| 0.49 | 0057 | Fubon MSCI Taiwan | PairCorr |
| 0.49 | 0053 | YuantaP shares Taiwan | PairCorr |
| 0.49 | 0050 | YuantaP shares Taiwan | PairCorr |
| 0.41 | 0051 | YuantaP shares Taiwan | PairCorr |
Follow Valuation Odds of Bankruptcy
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Ruentex 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. Ruentex Development's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ruentex Development or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Tsang Jean |
| Business Concentration | Real Estate, Real Estate Management & Development, Engineering & Construction, Industrials (View all Sectors) |
Ruentex Development Co (9945) is traded on Taiwan Stock Exchange in Taiwan and employs 26 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 139.36 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ruentex Development's market, we take the total number of its shares issued and multiply it by Ruentex Development'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. Ruentex Development operates under Real Estate Management & Development sector and is part of Real Estate industry. The entity has 3.15 B outstanding shares.
Ruentex Development Co has accumulated about 7.39 B in cash with 6.07 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.35.
Check Ruentex Development Probability Of Bankruptcy
Ownership AllocationRuentex Development owns a total of 3.15 Billion outstanding shares. Ruentex Development 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. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Ruentex Ownership Details
Ruentex Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Ruentex Development jumping above the current price in 90 days from now is about 10.02%. The Ruentex Development Co probability density function shows the probability of Ruentex Development stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Ruentex Development Co has a beta of -0.2448. This suggests as returns on the benchmark increase, returns on holding Ruentex Development are expected to decrease at a much lower rate. During a bear market, however, Ruentex Development Co is likely to outperform the market. Additionally, ruentex Development Co has an alpha of 0.0095, implying that it can generate a 0.009526 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Ruentex Development to move above the current price in 90 days from now is about 10.02 (This Ruentex Development Co probability density function shows the probability of Ruentex Stock to fall within a particular range of prices over 90 days) .
Ruentex Development Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ruentex Development market risk premium is the additional return an investor will receive from holding Ruentex Development 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 Ruentex Development. 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 Ruentex Development's alpha and beta are two of the key measurements used to evaluate Ruentex Development's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.9441 | |||
| Standard Deviation | 1.34 | |||
| Variance | 1.8 | |||
| Risk Adjusted Performance | 0.0047 |
Ruentex Stock Against Markets
Picking the right benchmark for Ruentex Development 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 Ruentex Development 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 Ruentex Development is critical whether you are bullish or bearish towards Ruentex Development Co at a given time. Please also check how Ruentex Development'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 Ruentex Development 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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Ruentex Development Corporate Directors
Ruentex Development corporate directors refer to members of a Ruentex Development board of directors. The board of directors generally takes responsibility for the Ruentex Development'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 Ruentex Development's board members must vote for the resolution. The Ruentex Development board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Chihhung Lee | General Manager, Director | Profile | |
| ChienYu Ling | Director | Profile | |
| Qianyu Lin | Director | Profile | |
| Yee Wong | Director | Profile |
How to buy Ruentex Stock?
Before investing in Ruentex Development, 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 Ruentex Development. To buy Ruentex Development stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ruentex Development. 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 Ruentex Development stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ruentex Development 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 Ruentex Development 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 Ruentex Development 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 Ruentex Development Co?
The danger of trading Ruentex Development 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 Ruentex Development 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 Ruentex Development. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ruentex Development 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 Ruentex Development 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 Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Ruentex Stock analysis
When running Ruentex Development's price analysis, check to measure Ruentex Development'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 Ruentex Development is operating at the current time. Most of Ruentex Development's value examination focuses on studying past and present price action to predict the probability of Ruentex Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ruentex Development's price. Additionally, you may evaluate how the addition of Ruentex Development to your portfolios can decrease your overall portfolio volatility.
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