Mayer Steel (Taiwan) Performance
| 2020 Stock | TWD 28.15 0.15 0.53% |
The company secures a Beta (Market Risk) of -0.12, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mayer Steel are expected to decrease at a much lower rate. During the bear market, Mayer Steel is likely to outperform the market. At this point, Mayer Steel Pipe has a negative expected return of -1.0E-4%. Please make sure to verify Mayer Steel's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if Mayer Steel Pipe 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 Mayer Steel Pipe has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Mayer Steel is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 244.9 M | |
| Total Cashflows From Investing Activities | -45.8 M |
Mayer |
Mayer Steel Relative Risk vs. Return Landscape
If you would invest 2,830 in Mayer Steel Pipe on September 15, 2024 and sell it today you would lose (15.00) from holding Mayer Steel Pipe or give up 0.53% of portfolio value over 90 days. Mayer Steel Pipe is generating negative expected returns and assumes 1.3137% volatility on return distribution over the 90 days horizon. Simply put, 11% of stocks are less volatile than Mayer, 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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Mayer Steel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mayer Steel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Mayer Steel Pipe, and traders can use it to determine the average amount a Mayer Steel'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 = 0.0
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| Negative Returns | 2020 |
Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mayer Steel 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 Mayer Steel by adding Mayer Steel to a well-diversified portfolio.
Mayer Steel Fundamentals Growth
Mayer Stock prices reflect investors' perceptions of the future prospects and financial health of Mayer Steel, and Mayer Steel 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 Mayer Stock performance.
| Return On Equity | 0.0846 | |||
| Return On Asset | 0.0185 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 8.06 B | |||
| Shares Outstanding | 222.53 M | |||
| Price To Earning | 7.95 X | |||
| Price To Book | 1.61 X | |||
| Price To Sales | 0.79 X | |||
| Revenue | 6.56 B | |||
| EBITDA | 1.11 B | |||
| Cash And Equivalents | 564.97 M | |||
| Cash Per Share | 2.54 X | |||
| Total Debt | 20.15 M | |||
| Debt To Equity | 53.60 % | |||
| Book Value Per Share | 14.13 X | |||
| Cash Flow From Operations | 175.87 M | |||
| Earnings Per Share | 1.29 X | |||
| Total Asset | 8.13 B | |||
| Retained Earnings | 503 M | |||
| Current Asset | 3.15 B | |||
| Current Liabilities | 2.5 B | |||
About Mayer Steel Performance
Evaluating Mayer Steel's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Mayer Steel 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 Mayer Steel 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.
Mayer Steel Pipe Corporation manufactures steel pipes and tubular products in Taiwan. Mayer Steel Pipe Corporation was founded in 1959 and is headquartered in Taipei City, Taiwan. MAYER STEEL operates under Steel classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Mayer Steel Pipe performance evaluation
Checking the ongoing alerts about Mayer Steel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Mayer Steel Pipe help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mayer Steel Pipe generated a negative expected return over the last 90 days | |
| About 47.0% of the company shares are owned by insiders or employees |
- Analyzing Mayer Steel'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 Mayer Steel's stock is overvalued or undervalued compared to its peers.
- Examining Mayer Steel'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 Mayer Steel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mayer Steel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mayer Steel's stock. These opinions can provide insight into Mayer Steel's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Mayer Stock Analysis
When running Mayer Steel's price analysis, check to measure Mayer Steel'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 Mayer Steel is operating at the current time. Most of Mayer Steel's value examination focuses on studying past and present price action to predict the probability of Mayer Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mayer Steel's price. Additionally, you may evaluate how the addition of Mayer Steel to your portfolios can decrease your overall portfolio volatility.