Zig Sheng (Taiwan) Performance
| 1455 Stock | TWD 9.55 0.18 1.85% |
The firm maintains a market beta of 0.0602, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Zig Sheng's returns are expected to increase less than the market. However, during the bear market, the loss of holding Zig Sheng is expected to be smaller as well. At this point, Zig Sheng Industrial has a negative expected return of -0.25%. Please make sure to check out Zig Sheng's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Zig Sheng Industrial 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 Zig Sheng Industrial 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 | 70.4 M | |
| Total Cashflows From Investing Activities | -486.1 M |
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Zig Sheng Relative Risk vs. Return Landscape
If you would invest 1,125 in Zig Sheng Industrial on September 16, 2024 and sell it today you would lose (170.00) from holding Zig Sheng Industrial or give up 15.11% of portfolio value over 90 days. Zig Sheng Industrial is generating negative expected returns and assumes 1.1122% volatility on return distribution over the 90 days horizon. Simply put, 9% of stocks are less volatile than Zig, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Zig Sheng Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zig Sheng's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Zig Sheng Industrial, and traders can use it to determine the average amount a Zig Sheng'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 = -0.2244
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| Negative Returns | 1455 |
Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Zig Sheng 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 Zig Sheng by adding Zig Sheng to a well-diversified portfolio.
Zig Sheng Fundamentals Growth
Zig Stock prices reflect investors' perceptions of the future prospects and financial health of Zig Sheng, and Zig Sheng 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 Zig Stock performance.
| Return On Equity | -0.0143 | |||
| Return On Asset | 4.0E-4 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | 0.0005 % | |||
| Current Valuation | 6.8 B | |||
| Shares Outstanding | 531.69 M | |||
| Price To Earning | 18.28 X | |||
| Price To Book | 0.84 X | |||
| Price To Sales | 0.52 X | |||
| Revenue | 11.22 B | |||
| EBITDA | 1.51 B | |||
| Cash And Equivalents | 1.12 B | |||
| Cash Per Share | 2.10 X | |||
| Total Debt | 1.84 B | |||
| Debt To Equity | 0.24 % | |||
| Book Value Per Share | 12.58 X | |||
| Cash Flow From Operations | 69.21 M | |||
| Earnings Per Share | 0.08 X | |||
| Total Asset | 10.78 B | |||
| Retained Earnings | 970 M | |||
| Current Asset | 4.28 B | |||
| Current Liabilities | 3.36 B | |||
About Zig Sheng Performance
Evaluating Zig Sheng's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Zig Sheng 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 Zig Sheng 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.
Zig Sheng Industrial Co., Ltd. engages in chemical material and fiber businesses in Taiwan. Zig Sheng Industrial Co., Ltd. was founded in 1969 and is headquartered in Taipei City, Taiwan. ZIG SHENG operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Zig Sheng Industrial performance evaluation
Checking the ongoing alerts about Zig Sheng for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Zig Sheng Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Zig Sheng Industrial generated a negative expected return over the last 90 days | |
| About 38.0% of the company shares are owned by insiders or employees |
- Analyzing Zig Sheng'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 Zig Sheng's stock is overvalued or undervalued compared to its peers.
- Examining Zig Sheng'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 Zig Sheng's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Zig Sheng's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Zig Sheng's stock. These opinions can provide insight into Zig Sheng's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Zig Stock Analysis
When running Zig Sheng's price analysis, check to measure Zig Sheng'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 Zig Sheng is operating at the current time. Most of Zig Sheng's value examination focuses on studying past and present price action to predict the probability of Zig Sheng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zig Sheng's price. Additionally, you may evaluate how the addition of Zig Sheng to your portfolios can decrease your overall portfolio volatility.