Chaheng Precision (Taiwan) Today
| 4546 Stock | TWD 86.40 1.20 1.41% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Chaheng Precision is selling for under 86.40 as of the 3rd of May 2024; that is 1.41 percent up since the beginning of the trading day. The stock's lowest day price was 84.8. Chaheng Precision has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Chaheng Precision Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2024 and ending today, the 3rd of May 2024. Click here to learn more.
Chaheng Precision Co., Ltd. develops, produces, manufactures, and sells aero-engine components in Taiwan. The company was founded in 1997 and is headquartered in Kaohsiung, Taiwan. CHAHENG PRECISION operates under Aerospace Defense classification in Taiwan and is traded on Taiwan OTC Exchange. The company has 33.92 M outstanding shares. More on Chaheng Precision Co
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| 0.6 | 8086 | Advanced Wireless | PairCorr |
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Chaheng 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. Chaheng Precision's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Chaheng Precision or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Yizhen Ji |
| Business Concentration | Aerospace & Defense, Industrials (View all Sectors) |
Chaheng Precision Co (4546) is traded on Taiwan OTC Exchange in Taiwan and employs 304 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.75 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Chaheng Precision's market, we take the total number of its shares issued and multiply it by Chaheng Precision'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. Chaheng Precision operates under Industrials sector and is part of Aerospace & Defense industry. The entity has 33.92 M outstanding shares.
Chaheng Precision Co has accumulated about 134.08 M in cash with 578.73 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.95.
Check Chaheng Precision Probability Of Bankruptcy
Chaheng Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Chaheng Precision jumping above the current price in 90 days from now is about 28.39%. The Chaheng Precision Co probability density function shows the probability of Chaheng Precision stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Chaheng Precision has a beta of 0.0231. This suggests as returns on the market go up, Chaheng Precision average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Chaheng Precision Co will be expected to be much smaller as well. Additionally, chaheng Precision Co has an alpha of 0.0175, implying that it can generate a 0.0175 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Chaheng Precision to move above the current price in 90 days from now is about 28.39 (This Chaheng Precision Co probability density function shows the probability of Chaheng Stock to fall within a particular range of prices over 90 days) .
Chaheng Precision Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Chaheng Precision market risk premium is the additional return an investor will receive from holding Chaheng Precision 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 Chaheng Precision. 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 Chaheng Precision's alpha and beta are two of the key measurements used to evaluate Chaheng Precision's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.34 | |||
| Semi Deviation | 1.42 | |||
| Standard Deviation | 1.83 | |||
| Variance | 3.34 |
Chaheng Stock Against Markets
Picking the right benchmark for Chaheng Precision 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 Chaheng Precision 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 Chaheng Precision is critical whether you are bullish or bearish towards Chaheng Precision Co at a given time. Please also check how Chaheng Precision'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 Chaheng Precision 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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Chaheng Precision Corporate Directors
Chaheng Precision corporate directors refer to members of a Chaheng Precision board of directors. The board of directors generally takes responsibility for the Chaheng Precision'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 Chaheng Precision's board members must vote for the resolution. The Chaheng Precision board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Jialing Su | Director | Profile | |
| Lingqian Zeng | Director | Profile | |
| Aiduo Chen | Director | Profile | |
| Yajuan Huang | Director | Profile |
How to buy Chaheng Stock?
Before investing in Chaheng Precision, 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 Chaheng Precision. To buy Chaheng Precision stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Chaheng Precision. 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 Chaheng Precision stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Chaheng Precision 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 Chaheng Precision 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 Chaheng Precision 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 Chaheng Precision Co?
The danger of trading Chaheng Precision 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 Chaheng Precision 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 Chaheng Precision. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Chaheng Precision 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 Chaheng Precision 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 Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Chaheng Stock analysis
When running Chaheng Precision's price analysis, check to measure Chaheng Precision'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 Chaheng Precision is operating at the current time. Most of Chaheng Precision's value examination focuses on studying past and present price action to predict the probability of Chaheng Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chaheng Precision's price. Additionally, you may evaluate how the addition of Chaheng Precision to your portfolios can decrease your overall portfolio volatility.
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