Hua Eng (Taiwan) Performance
| 1608 Stock | TWD 26.00 0.80 2.99% |
The company retains a Market Volatility (i.e., Beta) of 0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hua Eng's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hua Eng is expected to be smaller as well. At this point, Hua Eng Wire has a negative expected return of -0.3%. Please make sure to check out Hua Eng's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Hua Eng Wire performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Hua Eng Wire 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 | 394.2 M | |
| Total Cashflows From Investing Activities | 886.3 M |
Hua |
Hua Eng Relative Risk vs. Return Landscape
If you would invest 3,180 in Hua Eng Wire on September 15, 2024 and sell it today you would lose (580.00) from holding Hua Eng Wire or give up 18.24% of portfolio value over 90 days. Hua Eng Wire is generating negative expected returns and assumes 1.5647% volatility on return distribution over the 90 days horizon. Simply put, 13% of stocks are less volatile than Hua, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hua Eng Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hua Eng's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hua Eng Wire, and traders can use it to determine the average amount a Hua Eng'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 = -0.1931
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1608 |
Estimated Market Risk
| 1.56 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hua Eng 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 Hua Eng by adding Hua Eng to a well-diversified portfolio.
Hua Eng Fundamentals Growth
Hua Stock prices reflect investors' perceptions of the future prospects and financial health of Hua Eng, and Hua Eng 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 Hua Stock performance.
| Return On Equity | 0.028 | |||
| Return On Asset | 0.0193 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 9.01 B | |||
| Shares Outstanding | 424.21 M | |||
| Price To Earning | 19.18 X | |||
| Price To Book | 0.92 X | |||
| Price To Sales | 0.53 X | |||
| Revenue | 10.48 B | |||
| EBITDA | 2.07 B | |||
| Cash And Equivalents | 1.1 B | |||
| Cash Per Share | 2.59 X | |||
| Total Debt | 2.61 B | |||
| Debt To Equity | 34.40 % | |||
| Book Value Per Share | 15.95 X | |||
| Cash Flow From Operations | (155.6 M) | |||
| Earnings Per Share | 0.21 X | |||
| Total Asset | 13.67 B | |||
| Retained Earnings | 893 M | |||
| Current Asset | 5.72 B | |||
| Current Liabilities | 3.65 B | |||
About Hua Eng Performance
Evaluating Hua Eng's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Hua Eng 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 Hua Eng 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.
Hua Eng Wire Cable Co., Ltd. manufactures and sells various cables and wires in Taiwan. Hua Eng Wire Cable Co., Ltd. was founded in 1956 and is headquartered in Kaohsiung, Taiwan. HUA ENGINEERING is traded on Taiwan Stock Exchange in Taiwan.Things to note about Hua Eng Wire performance evaluation
Checking the ongoing alerts about Hua Eng for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hua Eng Wire help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hua Eng Wire generated a negative expected return over the last 90 days | |
| Hua Eng Wire has accumulated about 1.1 B in cash with (155.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.59. | |
| Roughly 55.0% of the company shares are owned by insiders or employees |
- Analyzing Hua Eng'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 Hua Eng's stock is overvalued or undervalued compared to its peers.
- Examining Hua Eng'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 Hua Eng's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hua Eng's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hua Eng's stock. These opinions can provide insight into Hua Eng's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Hua Stock Analysis
When running Hua Eng's price analysis, check to measure Hua Eng'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 Hua Eng is operating at the current time. Most of Hua Eng's value examination focuses on studying past and present price action to predict the probability of Hua Eng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hua Eng's price. Additionally, you may evaluate how the addition of Hua Eng to your portfolios can decrease your overall portfolio volatility.