Min Aik (Taiwan) Today
| 3060 Stock | TWD 27.80 0.85 2.97% |
Performance15 of 100
| Odds Of DistressLess than 10
|
Min Aik is selling for under 27.80 as of the 5th of May 2024; that is -2.97% down since the beginning of the trading day. The stock's lowest day price was 27.5. Min Aik has less than a 10 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Min Aik Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of April 2024 and ending today, the 5th of May 2024. Click here to learn more.
Min Aik Technology Co., Ltd. engages in hard disk drive related business in Taiwan. The company was incorporated in 1979 and is headquartered in Taoyuan, Taiwan. MIN AIK is traded on Taiwan Stock Exchange in Taiwan. The company has 137.56 M outstanding shares. More on Min Aik Technology
Moving against Min Stock
| 0.82 | 3008 | LARGAN Precision | PairCorr |
| 0.75 | 3661 | Alchip Technologies | PairCorr |
| 0.71 | 3529 | eMemory Technology Earnings Call This Week | PairCorr |
| 0.57 | 6781 | Advanced Energy Solution Earnings Call This Week | PairCorr |
Min 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. Min Aik's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Min Aik or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | IT, Computers, Information Technology, Electronic Equipment, Instruments & Components, Contract Manufacturers, Technology, Computing (View all Sectors) |
Min Aik Technology (3060) is traded on Taiwan Stock Exchange in Taiwan and employs 19 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Min Aik's market, we take the total number of its shares issued and multiply it by Min Aik'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. Min Aik Technology operates under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 137.56 M outstanding shares.
Min Aik Technology has accumulated about 738.91 M in cash with 44 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.37.
Check Min Aik Probability Of Bankruptcy
Ownership AllocationMin Aik Technology holds a total of 137.56 Million outstanding shares. Min Aik Technology secures 11.5 % of its outstanding shares held by insiders and 2.9 % owned by institutional investors. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Min Ownership Details
Min Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Min Aik jumping above the current price in 90 days from now is nearly 4.06%. The Min Aik Technology probability density function shows the probability of Min Aik stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Min Aik Technology has a beta of -1.7978. This suggests as returns on its benchmark rise, returns on holding Min Aik Technology are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Min Aik is expected to outperform its benchmark. Additionally, min Aik Technology has an alpha of 0.6989, implying that it can generate a 0.7 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Min Aik to move above the current price in 90 days from now is nearly 4.06 (This Min Aik Technology probability density function shows the probability of Min Stock to fall within a particular range of prices over 90 days) .
Min Aik Technology Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Min Aik market risk premium is the additional return an investor will receive from holding Min Aik 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 Min Aik. 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 Min Aik's alpha and beta are two of the key measurements used to evaluate Min Aik's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.24 | |||
| Semi Deviation | 1.85 | |||
| Standard Deviation | 3.2 | |||
| Variance | 10.27 |
Min Stock Against Markets
Picking the right benchmark for Min Aik 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 Min Aik 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 Min Aik is critical whether you are bullish or bearish towards Min Aik Technology at a given time. Please also check how Min Aik'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 Min Aik 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?
Run Top Crypto Exchanges Now
Top Crypto ExchangesSearch and analyze digital assets across top global cryptocurrency exchanges |
| All Next | Launch Module |
Min Aik Corporate Management
Elected by the shareholders, the Min Aik's board of directors comprises two types of representatives: Min Aik inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Min. The board's role is to monitor Min Aik's management team and ensure that shareholders' interests are well served. Min Aik'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, Min Aik's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mego Wang | Managing Plant | Profile | |
| Tony Wu | Managing Plant | Profile | |
| Jin Xie | Chairman Mang | Profile | |
| Scott Yang | Chief Officer | Profile | |
| TsanYung Sung | Deputy Officer | Profile | |
| Nelson Sun | Director Division | Profile |
How to buy Min Stock?
Before investing in Min Aik, 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 Min Aik. To buy Min Aik stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Min Aik. 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 Min Aik stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Min Aik Technology 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 Min Aik Technology 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 Min Aik Technology, 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 Min Aik Technology?
The danger of trading Min Aik Technology 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 Min Aik 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 Min Aik. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Min Aik 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 Min Aik Technology. 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Min Stock analysis
When running Min Aik's price analysis, check to measure Min Aik'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 Min Aik is operating at the current time. Most of Min Aik's value examination focuses on studying past and present price action to predict the probability of Min Aik's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Min Aik's price. Additionally, you may evaluate how the addition of Min Aik to your portfolios can decrease your overall portfolio volatility.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |