Chang Ho (Taiwan) Performance
| 1468 Stock | TWD 13.55 1.20 9.72% |
The firm shows a Beta (market volatility) of -0.0818, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Chang Ho are expected to decrease at a much lower rate. During the bear market, Chang Ho is likely to outperform the market. Chang Ho Fibre has an expected return of -0.13%. Please make sure to confirm Chang Ho Fibre coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Chang Ho Fibre performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Chang Ho Fibre has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 722.6 M | |
| Total Cashflows From Investing Activities | -346.7 M |
Chang |
Chang Ho Relative Risk vs. Return Landscape
If you would invest 1,345 in Chang Ho Fibre on January 31, 2024 and sell it today you would lose (110.00) from holding Chang Ho Fibre or give up 8.18% of portfolio value over 90 days. Chang Ho Fibre is generating negative expected returns and assumes 2.1392% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than Chang, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Chang Ho Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chang Ho's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Chang Ho Fibre, and traders can use it to determine the average amount a Chang Ho's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0621
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1468 |
Estimated Market Risk
| 2.14 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Chang Ho is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Chang Ho by adding Chang Ho to a well-diversified portfolio.
Chang Ho Fundamentals Growth
Chang Stock prices reflect investors' perceptions of the future prospects and financial health of Chang Ho, and Chang Ho fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Chang Stock performance.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0031 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 2.87 B | |||
| Shares Outstanding | 160.4 M | |||
| Price To Earning | 23.07 X | |||
| Price To Book | 1.66 X | |||
| Price To Sales | 1.59 X | |||
| Revenue | 1.14 B | |||
| EBITDA | 82.43 M | |||
| Cash And Equivalents | 426.98 M | |||
| Cash Per Share | 2.66 X | |||
| Total Debt | 510.32 M | |||
| Debt To Equity | 100.60 % | |||
| Book Value Per Share | 8.17 X | |||
| Cash Flow From Operations | (485.02 M) | |||
| Earnings Per Share | 0.90 X | |||
| Total Asset | 3.43 B | |||
| Retained Earnings | (594 M) | |||
| Current Asset | 1.22 B | |||
| Current Liabilities | 709 M | |||
About Chang Ho Performance
To evaluate Chang Ho Fibre Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Chang Ho generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Chang Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Chang Ho Fibre market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Chang's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Chang-Ho Fibre Corporation engages in weaving, dyeing, finishing, printing, and laminating texture yarns in woven and knit fabrics in Taiwan and China. The company was founded in 1982 and is headquartered in Taipei, Taiwan. CHANG HO is traded on Taiwan Stock Exchange in Taiwan.Things to note about Chang Ho Fibre performance evaluation
Checking the ongoing alerts about Chang Ho for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Chang Ho Fibre help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Chang Ho Fibre generated a negative expected return over the last 90 days | |
| Chang Ho Fibre has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Chang Ho Fibre has accumulated about 426.98 M in cash with (485.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.66. | |
| Roughly 85.0% of the company shares are owned by insiders or employees |
- Analyzing Chang Ho's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Chang Ho's stock is overvalued or undervalued compared to its peers.
- Examining Chang Ho's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Chang Ho's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Chang Ho's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Chang Ho's stock. These opinions can provide insight into Chang Ho's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chang Ho Fibre. 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 Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Chang Stock analysis
When running Chang Ho's price analysis, check to measure Chang Ho'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 Chang Ho is operating at the current time. Most of Chang Ho's value examination focuses on studying past and present price action to predict the probability of Chang Ho's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chang Ho's price. Additionally, you may evaluate how the addition of Chang Ho to your portfolios can decrease your overall portfolio volatility.
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