Allied Industrial (Taiwan) Today
| 4702 Stock | TWD 12.90 0.05 0.39% |
Performance0 of 100
| Odds Of DistressLess than 21
|
Allied Industrial is selling for under 12.90 as of the 6th of May 2024; that is 0.39 percent increase since the beginning of the trading day. The stock's lowest day price was 12.8. Allied Industrial has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Allied Industrial are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of November 2023 and ending today, the 6th of May 2024. Click here to learn more.
Allied Industrial Corp., Ltd. manufactures and sells disperse dyes, food additives, and others. Allied Industrial Corp., Ltd. was founded in 1964 and is headquartered in Taipei, Taiwan. ALLIED INDUSTRIES is traded on Taiwan OTC Exchange in Taiwan. The company has 72.33 M outstanding shares. More on Allied Industrial
Moving together with Allied Stock
| 0.66 | 2108 | Nantex Industry | PairCorr |
Moving against Allied Stock
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| 0.52 | 2882A | Cathay Financial Holding | PairCorr |
| 0.47 | 0050 | YuantaP shares Taiwan | PairCorr |
Follow Valuation Odds of Bankruptcy
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Allied 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. Allied Industrial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Allied Industrial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Heavy Metals (View all Themes) |
| Business Concentration | Heavy Metals, Specialty Chemicals, Basic Materials (View all Sectors) |
Allied Industrial (4702) is traded on Taiwan OTC Exchange in Taiwan and employs 32 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 889.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Allied Industrial's market, we take the total number of its shares issued and multiply it by Allied Industrial'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. Allied Industrial operates under Basic Materials sector and is part of Specialty Chemicals industry. The entity has 72.33 M outstanding shares.
Allied Industrial has accumulated about 63.72 M in cash with 2.24 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.28.
Check Allied Industrial Probability Of Bankruptcy
Ownership AllocationAllied Industrial retains a total of 72.33 Million outstanding shares. Allied Industrial 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. 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 Allied Ownership Details
Allied Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Allied Industrial jumping above the current price in 90 days from now is about 84.69%. The Allied Industrial probability density function shows the probability of Allied Industrial stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Allied Industrial has a beta of 0.3118. This suggests as returns on the market go up, Allied Industrial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Allied Industrial will be expected to be much smaller as well. Additionally, allied Industrial 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 Allied Industrial to move above the current price in 90 days from now is about 84.69 (This Allied Industrial probability density function shows the probability of Allied Stock to fall within a particular range of prices over 90 days) .
Allied Industrial Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Allied Industrial market risk premium is the additional return an investor will receive from holding Allied Industrial 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 Allied Industrial. 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 Allied Industrial's alpha and beta are two of the key measurements used to evaluate Allied Industrial's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6964 | |||
| Standard Deviation | 1.04 | |||
| Variance | 1.09 | |||
| Risk Adjusted Performance | (0.01) |
Allied Stock Against Markets
Picking the right benchmark for Allied Industrial 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 Allied Industrial 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 Allied Industrial is critical whether you are bullish or bearish towards Allied Industrial at a given time. Please also check how Allied Industrial'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 Allied Industrial 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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| All Next | Launch Module |
Allied Industrial Corporate Management
Elected by the shareholders, the Allied Industrial's board of directors comprises two types of representatives: Allied Industrial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Allied. The board's role is to monitor Allied Industrial's management team and ensure that shareholders' interests are well served. Allied Industrial'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, Allied Industrial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| SiouWan Guo | Deputy Sales | Profile | |
| ChiehWen Huang | Gen Vietnam | Profile | |
| Hsin Kuan | Pres Chairman | Profile | |
| HsiaoChung Tsao | Gen Subsidiary | Profile | |
| ShihYun Lin | F Mang | Profile | |
| JiaWang Ye | Factory Mang | Profile | |
| ChiaWang Yeh | Factory Director | Profile |
How to buy Allied Stock?
Before investing in Allied Industrial, 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 Allied Industrial. To buy Allied Industrial stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Allied Industrial. 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 Allied Industrial stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Allied Industrial 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 Allied Industrial 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 Allied Industrial, 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 Allied Industrial?
The danger of trading Allied Industrial 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 Allied Industrial 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 Allied Industrial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Allied Industrial 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 Allied Industrial. 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Allied Stock analysis
When running Allied Industrial's price analysis, check to measure Allied Industrial'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 Allied Industrial is operating at the current time. Most of Allied Industrial's value examination focuses on studying past and present price action to predict the probability of Allied Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allied Industrial's price. Additionally, you may evaluate how the addition of Allied Industrial to your portfolios can decrease your overall portfolio volatility.
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