Far Eastern (Taiwan) Today
| 2903 Stock | TWD 34.35 0.40 1.18% |
Performance32 of 100
| Odds Of DistressLess than 20
|
Far Eastern is selling for under 34.35 as of the 5th of May 2024; that is 1.18 percent increase since the beginning of the trading day. The stock's lowest day price was 33.8. Far Eastern has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat very strong performance during the last 90 days. Equity ratings for Far Eastern Department are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of March 2024 and ending today, the 5th of May 2024. Click here to learn more.
Far Eastern Department Stores, Ltd. operates department stores, supermarkets, and hypermarkets in Taiwan and Mainland China. The company was founded in 1967 and is headquartered in New Taipei City, Taiwan. FAR EASTERN is traded on Taiwan Stock Exchange in Taiwan. The company has 1.41 B outstanding shares. More on Far Eastern Department
Moving together with Far Stock
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Moving against Far Stock
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Far 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. Far Eastern's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Far Eastern or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Consumer Discretionary, Multiline Retail, Department Stores, Consumer Cyclical (View all Sectors) |
Far Eastern Department (2903) is traded on Taiwan Stock Exchange in Taiwan and employs 31 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 30.57 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Far Eastern's market, we take the total number of its shares issued and multiply it by Far Eastern'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. Far Eastern Department operates under Multiline Retail sector and is part of Consumer Discretionary industry. The entity has 1.41 B outstanding shares.
Far Eastern Department has accumulated about 8.15 B in cash with 10.37 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.78.
Check Far Eastern Probability Of Bankruptcy
Ownership AllocationFar Eastern holds a total of 1.41 Billion outstanding shares. Far Eastern Department retains 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 secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Far Ownership Details
Far Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Far Eastern jumping above the current price in 90 days from now is roughly 2.59%. The Far Eastern Department probability density function shows the probability of Far Eastern stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Far Eastern has a beta of 0.4931. This suggests as returns on the market go up, Far Eastern average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Far Eastern Department will be expected to be much smaller as well. Additionally, far Eastern Department has an alpha of 0.5196, implying that it can generate a 0.52 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Far Eastern to move above the current price in 90 days from now is roughly 2.59 (This Far Eastern Department probability density function shows the probability of Far Stock to fall within a particular range of prices over 90 days) .
Far Eastern Department Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Far Eastern market risk premium is the additional return an investor will receive from holding Far Eastern 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 Far Eastern. 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 Far Eastern's alpha and beta are two of the key measurements used to evaluate Far Eastern's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.02 | |||
| Semi Deviation | 0.3594 | |||
| Standard Deviation | 1.4 | |||
| Variance | 1.97 |
Far Stock Against Markets
Picking the right benchmark for Far Eastern 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 Far Eastern 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 Far Eastern is critical whether you are bullish or bearish towards Far Eastern Department at a given time. Please also check how Far Eastern'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 Far Eastern 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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Far Eastern Corporate Management
Elected by the shareholders, the Far Eastern's board of directors comprises two types of representatives: Far Eastern inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Far. The board's role is to monitor Far Eastern's management team and ensure that shareholders' interests are well served. Far Eastern's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Far Eastern's outside directors are responsible for providing unbiased perspectives on the board's policies.
| TianZuo Jiang | VP Store | Profile | |
| Rebecca Chan | VP Department | Profile | |
| James Tang | Deputy General Manager-Management Headquarters | Profile | |
| Lily Liu | VP Department | Profile | |
| ChangLi Lin | COO Division | Profile | |
| Greg Tseng | Chief Officer | Profile |
How to buy Far Stock?
Before investing in Far Eastern, 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 Far Eastern. To buy Far Eastern stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Far Eastern. 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 Far Eastern stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Far Eastern Department 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 Far Eastern Department 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 Far Eastern Department, 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 Far Eastern Department?
The danger of trading Far Eastern Department 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 Far Eastern 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 Far Eastern. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Far Eastern Department 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 Far Eastern Department. 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Far Stock analysis
When running Far Eastern's price analysis, check to measure Far Eastern'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 Far Eastern is operating at the current time. Most of Far Eastern's value examination focuses on studying past and present price action to predict the probability of Far Eastern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Far Eastern's price. Additionally, you may evaluate how the addition of Far Eastern to your portfolios can decrease your overall portfolio volatility.
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