First Steamship (Taiwan) Performance
| 2601 Stock | TWD 7.74 0.06 0.77% |
The firm shows a Beta (market volatility) of 0.15, which means not very significant fluctuations relative to the market. As returns on the market increase, First Steamship's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Steamship is expected to be smaller as well. First Steamship has an expected return of -0.0993%. Please make sure to confirm First Steamship information ratio, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if First Steamship 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 First Steamship Co has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, First Steamship is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 4 B | |
| Total Cashflows From Investing Activities | -513.6 M |
First |
First Steamship Relative Risk vs. Return Landscape
If you would invest 825.00 in First Steamship Co on February 4, 2024 and sell it today you would lose (45.00) from holding First Steamship Co or give up 5.45% of portfolio value over 90 days. First Steamship Co is generating negative expected returns and assumes 0.9587% volatility on return distribution over the 90 days horizon. Simply put, 8% of stocks are less volatile than First, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
First Steamship Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Steamship's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as First Steamship Co, and traders can use it to determine the average amount a First Steamship'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 = -0.1036
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| Negative Returns | 2601 |
Estimated Market Risk
| 0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average First Steamship 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 First Steamship by adding First Steamship to a well-diversified portfolio.
First Steamship Fundamentals Growth
First Stock prices reflect investors' perceptions of the future prospects and financial health of First Steamship, and First Steamship 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 First Stock performance.
| Return On Equity | -0.0079 | |||
| Return On Asset | 0.0126 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.11 % | |||
| Current Valuation | 23.73 B | |||
| Shares Outstanding | 824.78 M | |||
| Price To Earning | 6.20 X | |||
| Price To Book | 0.68 X | |||
| Price To Sales | 1.11 X | |||
| Revenue | 6.93 B | |||
| EBITDA | 2.98 B | |||
| Cash And Equivalents | 4.99 B | |||
| Cash Per Share | 7.91 X | |||
| Total Debt | 4.93 B | |||
| Debt To Equity | 152.90 % | |||
| Book Value Per Share | 13.32 X | |||
| Cash Flow From Operations | 2.55 B | |||
| Earnings Per Share | 0.13 X | |||
| Total Asset | 38.99 B | |||
| Retained Earnings | 745 M | |||
| Current Asset | 13.95 B | |||
| Current Liabilities | 12.18 B | |||
About First Steamship Performance
To evaluate First Steamship 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 First Steamship 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 First 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 First Steamship market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents First'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.First Steamship Company, Ltd. operates as a shipping company in Taiwan. First Steamship Company, Ltd. was founded in 1963 and is based in Taipei City, Taiwan. FIRST STEAMSHIP is traded on Taiwan Stock Exchange in Taiwan.Things to note about First Steamship performance evaluation
Checking the ongoing alerts about First Steamship for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for First Steamship help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| First Steamship generated a negative expected return over the last 90 days | |
| First Steamship has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 4.93 B in total debt with debt to equity ratio (D/E) of 152.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. First Steamship has a current ratio of 0.93, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist First Steamship until it has trouble settling it off, either with new capital or with free cash flow. So, First Steamship's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like First Steamship sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First Steamship's use of debt, we should always consider it together with cash and equity. | |
| About 12.0% of First Steamship shares are owned by insiders or employees |
- Analyzing First Steamship'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 First Steamship's stock is overvalued or undervalued compared to its peers.
- Examining First Steamship'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 First Steamship's management team can have a significant impact on its success or failure. Reviewing the track record and experience of First Steamship's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of First Steamship's stock. These opinions can provide insight into First Steamship'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 First Steamship 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 Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for First Stock analysis
When running First Steamship's price analysis, check to measure First Steamship'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 First Steamship is operating at the current time. Most of First Steamship's value examination focuses on studying past and present price action to predict the probability of First Steamship's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Steamship's price. Additionally, you may evaluate how the addition of First Steamship to your portfolios can decrease your overall portfolio volatility.
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