Edimax Technology (Taiwan) Today
| 3047 Stock | TWD 14.60 0.20 1.35% |
Performance0 of 100
| Odds Of DistressLess than 42
|
Edimax Technology is selling for under 14.60 as of the 2nd of May 2024; that is -1.35 percent down since the beginning of the trading day. The stock's lowest day price was 14.6. Edimax Technology has about a 42 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Edimax Technology Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of March 2024 and ending today, the 2nd of May 2024. Click here to learn more.
EDIMAX Technology Co., Ltd. engages in the design, development, manufacture, and marketing of network communication products to SOHO and SME markets, and businesses. EDIMAX Technology Co., Ltd. was founded in 1986 and is headquartered in Taipei City, Taiwan. The company has 189.36 M outstanding shares. More on Edimax Technology Co
Moving together with Edimax Stock
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Moving against Edimax Stock
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Follow Valuation Odds of Bankruptcy
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Edimax 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. Edimax Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Edimax Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board, CEO | Guansheng Ren |
| Business Concentration | Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors) |
Edimax Technology Co (3047) is traded on Taiwan Stock Exchange in Taiwan and employs 20 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.92 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Edimax Technology's market, we take the total number of its shares issued and multiply it by Edimax Technology'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. Edimax Technology operates under Communications Equipment sector and is part of Information Technology industry. The entity has 189.36 M outstanding shares.
Edimax Technology Co has accumulated about 1.23 B in cash with (772 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.69.
Check Edimax Technology Probability Of Bankruptcy
Ownership AllocationEdimax Technology holds a total of 189.36 Million outstanding shares. Edimax Technology Co shows 17.21 percent of its outstanding shares held by insiders and 1.9 percent owned by other corporate entities. 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 Edimax Ownership Details
Edimax Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Edimax Technology jumping above the current price in 90 days from now is about 84.65%. The Edimax Technology Co probability density function shows the probability of Edimax Technology stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Edimax Technology has a beta of 0.1824. This suggests as returns on the market go up, Edimax Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Edimax Technology Co will be expected to be much smaller as well. Additionally, edimax Technology 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 Edimax Technology to move above the current price in 90 days from now is about 84.65 (This Edimax Technology Co probability density function shows the probability of Edimax Stock to fall within a particular range of prices over 90 days) .
Edimax Technology Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Edimax Technology market risk premium is the additional return an investor will receive from holding Edimax Technology 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 Edimax Technology. 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 Edimax Technology's alpha and beta are two of the key measurements used to evaluate Edimax Technology's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.75 | |||
| Standard Deviation | 2.35 | |||
| Variance | 5.51 | |||
| Risk Adjusted Performance | (0.01) |
Edimax Stock Against Markets
Picking the right benchmark for Edimax Technology 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 Edimax Technology 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 Edimax Technology is critical whether you are bullish or bearish towards Edimax Technology Co at a given time. Please also check how Edimax Technology'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 Edimax Technology 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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Edimax Technology Corporate Directors
Edimax Technology corporate directors refer to members of an Edimax Technology board of directors. The board of directors generally takes responsibility for the Edimax Technology'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 Edimax Technology's board members must vote for the resolution. The Edimax Technology board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Ronglong Hong | Deputy General Manager, Director | Profile | |
| Xinyong Lin | Director | Profile | |
| Yuliang Lin | Independent Director | Profile | |
| Mingzong Luo | Independent Director | Profile |
How to buy Edimax Stock?
Before investing in Edimax Technology, 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 Edimax Technology. To buy Edimax Technology stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Edimax Technology. 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 Edimax Technology stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Edimax Technology 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 Edimax Technology 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 Edimax Technology 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 Edimax Technology Co?
The danger of trading Edimax Technology 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 Edimax Technology 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 Edimax Technology. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Edimax Technology 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 Edimax Technology 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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Edimax Stock analysis
When running Edimax Technology's price analysis, check to measure Edimax Technology'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 Edimax Technology is operating at the current time. Most of Edimax Technology's value examination focuses on studying past and present price action to predict the probability of Edimax Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edimax Technology's price. Additionally, you may evaluate how the addition of Edimax Technology to your portfolios can decrease your overall portfolio volatility.
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