Hong Yi (Taiwan) Performance
| 1452 Stock | TWD 15.25 0.10 0.65% |
The company retains a Market Volatility (i.e., Beta) of 0.0611, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hong Yi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hong Yi is expected to be smaller as well. At this point, Hong Yi Fiber has a negative expected return of -0.17%. Please make sure to check out Hong Yi's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Hong Yi Fiber 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 Hong Yi Fiber has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 565 M | |
| Total Cashflows From Investing Activities | 143.3 M |
Hong |
Hong Yi Relative Risk vs. Return Landscape
If you would invest 1,705 in Hong Yi Fiber on October 7, 2024 and sell it today you would lose (180.00) from holding Hong Yi Fiber or give up 10.56% of portfolio value over 90 days. Hong Yi Fiber is generating negative expected returns and assumes 0.7152% volatility on return distribution over the 90 days horizon. Simply put, 6% of stocks are less volatile than Hong, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hong Yi Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hong Yi's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hong Yi Fiber, and traders can use it to determine the average amount a Hong Yi'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 = -0.24
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| Negative Returns | 1452 |
Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.24 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hong Yi 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 Hong Yi by adding Hong Yi to a well-diversified portfolio.
Hong Yi Fundamentals Growth
Hong Stock prices reflect investors' perceptions of the future prospects and financial health of Hong Yi, and Hong Yi 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 Hong Stock performance.
| Return On Equity | 0.073 | |||
| Return On Asset | 0.0394 | |||
| Profit Margin | 0.1 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 903.44 M | |||
| Shares Outstanding | 132.64 M | |||
| Price To Earning | 12.93 X | |||
| Price To Book | 0.86 X | |||
| Price To Sales | 1.14 X | |||
| Revenue | 2.1 B | |||
| EBITDA | 467.08 M | |||
| Cash And Equivalents | 1.14 B | |||
| Cash Per Share | 8.58 X | |||
| Total Debt | 3.28 M | |||
| Debt To Equity | 0.10 % | |||
| Book Value Per Share | 20.23 X | |||
| Cash Flow From Operations | (131.57 M) | |||
| Earnings Per Share | 1.49 X | |||
| Total Asset | 3.2 B | |||
| Retained Earnings | 864 M | |||
| Current Asset | 1.38 B | |||
| Current Liabilities | 140 M | |||
About Hong Yi Performance
Evaluating Hong Yi's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Hong Yi 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 Hong Yi 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.
Co., Ltd. manufactures and sells polyester textured yarns in Taiwan. The company was founded in 1968 and is based in Taipei City, Taiwan. HONG YI operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Hong Yi Fiber performance evaluation
Checking the ongoing alerts about Hong Yi for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hong Yi Fiber help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hong Yi Fiber generated a negative expected return over the last 90 days | |
| Hong Yi Fiber has accumulated about 1.14 B in cash with (131.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.58. | |
| Roughly 20.0% of the company shares are owned by insiders or employees |
- Analyzing Hong Yi'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 Hong Yi's stock is overvalued or undervalued compared to its peers.
- Examining Hong Yi'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 Hong Yi's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hong Yi's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hong Yi's stock. These opinions can provide insight into Hong Yi's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Hong Stock Analysis
When running Hong Yi's price analysis, check to measure Hong Yi'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 Hong Yi is operating at the current time. Most of Hong Yi's value examination focuses on studying past and present price action to predict the probability of Hong Yi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hong Yi's price. Additionally, you may evaluate how the addition of Hong Yi to your portfolios can decrease your overall portfolio volatility.