Optotech Corp Financials
| 2340 Stock | TWD 28.85 1.05 3.51% |
Optotech |
Understanding current and past Optotech Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Optotech Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Optotech Corp's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Optotech Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Optotech Corp. Check Optotech Corp's Beneish M Score to see the likelihood of Optotech Corp's management manipulating its earnings.
Optotech Corp Stock Summary
Optotech Corp competes with AU Optronics, Innolux Corp, Ruentex Development, WiseChip Semiconductor, and Novatek Microelectronics. Opto Tech Corporation manufactures and sells semiconductor components in Taiwan, Mainland China, and internationally. Opto Tech Corporation was founded in 1983 and is headquartered in Hsinchu, Taiwan. OPTO TECH operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002340007 |
| Business Address | No 1, Li-hsin |
| Sector | Semiconductors & Semiconductor Equipment |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.opto.com.tw |
| Phone | 886 3 5638 951 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Optotech Corp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Optotech Stock, because this is throwing your money away. Analyzing the key information contained in Optotech Corp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Optotech Corp Key Financial Ratios
There are many critical financial ratios that Optotech Corp's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Optotech Corp reports annually and quarterly.| Return On Equity | 0.0597 | |||
| Return On Asset | 0.0322 | |||
| Target Price | 74.0 | |||
| Number Of Employees | 28 | |||
| Beta | 0.94 |
Optotech Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Optotech Corp's current stock value. Our valuation model uses many indicators to compare Optotech Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Optotech Corp competition to find correlations between indicators driving Optotech Corp's intrinsic value. More Info.Optotech Corp is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.54 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Optotech Corp is roughly 1.85 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Optotech Corp's earnings, one of the primary drivers of an investment's value.Optotech Corp Systematic Risk
Optotech Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Optotech Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Optotech Corp correlated with the market. If Beta is less than 0 Optotech Corp generally moves in the opposite direction as compared to the market. If Optotech Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Optotech Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Optotech Corp is generally in the same direction as the market. If Beta > 1 Optotech Corp moves generally in the same direction as, but more than the movement of the benchmark.
Optotech Corp Thematic Clasifications
Optotech Corp is part of Technology investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Research or development of technologically based good. Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics
This theme covers Research or development of technologically based good. Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics. Get More Thematic Ideas
| Technology | View |
Optotech Corp December 13, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Optotech Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Optotech Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Optotech Corp based on widely used predictive technical indicators. In general, we focus on analyzing Optotech Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Optotech Corp's daily price indicators and compare them against related drivers.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 7.76 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 3.02 |
Additional Tools for Optotech Stock Analysis
When running Optotech Corp's price analysis, check to measure Optotech Corp'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 Optotech Corp is operating at the current time. Most of Optotech Corp's value examination focuses on studying past and present price action to predict the probability of Optotech Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optotech Corp's price. Additionally, you may evaluate how the addition of Optotech Corp to your portfolios can decrease your overall portfolio volatility.