Taita Chemical (Taiwan) Performance
| 1309 Stock | TWD 15.25 0.45 2.87% |
The entity has a beta of -0.0028, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Taita Chemical are expected to decrease at a much lower rate. During the bear market, Taita Chemical is likely to outperform the market. At this point, Taita Chemical has a negative expected return of -0.35%. Please make sure to validate Taita Chemical's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Taita Chemical performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Taita Chemical Co has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in January 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 2.5 B | |
| Total Cashflows From Investing Activities | -91.3 M |
Taita |
Taita Chemical Relative Risk vs. Return Landscape
If you would invest 1,950 in Taita Chemical Co on September 16, 2024 and sell it today you would lose (425.00) from holding Taita Chemical Co or give up 21.79% of portfolio value over 90 days. Taita Chemical Co is generating negative expected returns and assumes 2.4505% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than Taita, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Taita Chemical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taita Chemical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Taita Chemical Co, and traders can use it to determine the average amount a Taita Chemical's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1444
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| Negative Returns | 1309 |
Estimated Market Risk
| 2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Taita Chemical is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Taita Chemical by adding Taita Chemical to a well-diversified portfolio.
Taita Chemical Fundamentals Growth
Taita Stock prices reflect investors' perceptions of the future prospects and financial health of Taita Chemical, and Taita Chemical fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Taita Stock performance.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.049 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 6.67 B | |||
| Shares Outstanding | 397.59 M | |||
| Price To Earning | 9.80 X | |||
| Price To Book | 1.22 X | |||
| Price To Sales | 0.45 X | |||
| Revenue | 20.77 B | |||
| EBITDA | 2.61 B | |||
| Cash And Equivalents | 2.85 B | |||
| Cash Per Share | 7.16 X | |||
| Total Debt | 300 M | |||
| Debt To Equity | 0.10 % | |||
| Book Value Per Share | 18.17 X | |||
| Cash Flow From Operations | 736.22 M | |||
| Earnings Per Share | 2.27 X | |||
| Total Asset | 10.74 B | |||
| Retained Earnings | (51 M) | |||
| Current Asset | 4.89 B | |||
| Current Liabilities | 3.3 B | |||
About Taita Chemical Performance
Evaluating Taita Chemical's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Taita Chemical has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Taita Chemical has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Taita Chemical Company, Limited produces and sells styrenics in Taiwan, Mainland China, Hong Kong, and the United States. Taita Chemical Company, Limited was incorporated in 1960 and is headquartered in Taipei, Taiwan. TAITA CHEMICAL operates under Specialty Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Taita Chemical performance evaluation
Checking the ongoing alerts about Taita Chemical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Taita Chemical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Taita Chemical generated a negative expected return over the last 90 days | |
| About 41.0% of the company shares are owned by insiders or employees |
- Analyzing Taita Chemical's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Taita Chemical's stock is overvalued or undervalued compared to its peers.
- Examining Taita Chemical's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Taita Chemical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Taita Chemical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Taita Chemical's stock. These opinions can provide insight into Taita Chemical's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Taita Stock Analysis
When running Taita Chemical's price analysis, check to measure Taita Chemical'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 Taita Chemical is operating at the current time. Most of Taita Chemical's value examination focuses on studying past and present price action to predict the probability of Taita Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taita Chemical's price. Additionally, you may evaluate how the addition of Taita Chemical to your portfolios can decrease your overall portfolio volatility.