King Slide (Taiwan) Performance
| 2059 Stock | TWD 1,545 5.00 0.32% |
On a scale of 0 to 100, King Slide holds a performance score of 10. The company secures a Beta (Market Risk) of 1.34, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, King Slide will likely underperform. Please check King Slide's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether King Slide's current price movements will revert.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in King Slide Works are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, King Slide showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 9.1 B | |
| Total Cashflows From Investing Activities | -2.3 B |
King |
King Slide Relative Risk vs. Return Landscape
If you would invest 121,000 in King Slide Works on September 16, 2024 and sell it today you would earn a total of 33,500 from holding King Slide Works or generate 27.69% return on investment over 90 days. King Slide Works is generating 0.4322% of daily returns and assumes 3.1831% volatility on return distribution over the 90 days horizon. Simply put, 28% of stocks are less volatile than King, and 92% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
King Slide Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for King Slide's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as King Slide Works, and traders can use it to determine the average amount a King Slide'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 = 0.1358
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 2059 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.18 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average King Slide is performing at about 10% of its full potential. 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 King Slide by adding it to a well-diversified portfolio.
King Slide Fundamentals Growth
King Stock prices reflect investors' perceptions of the future prospects and financial health of King Slide, and King Slide 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 King Stock performance.
| Return On Equity | 0.3 | |||
| Return On Asset | 0.13 | |||
| Profit Margin | 0.53 % | |||
| Operating Margin | 0.47 % | |||
| Current Valuation | 28.54 B | |||
| Shares Outstanding | 95.3 M | |||
| Price To Earning | 18.22 X | |||
| Price To Book | 2.55 X | |||
| Price To Sales | 5.00 X | |||
| Revenue | 6.34 B | |||
| EBITDA | 2.82 B | |||
| Cash And Equivalents | 8.82 B | |||
| Cash Per Share | 92.52 X | |||
| Total Debt | 452.36 M | |||
| Debt To Equity | 6.90 % | |||
| Book Value Per Share | 157.05 X | |||
| Cash Flow From Operations | 1.52 B | |||
| Earnings Per Share | 41.52 X | |||
| Total Asset | 15.43 B | |||
| Retained Earnings | 5.93 B | |||
| Current Asset | 8.19 B | |||
| Current Liabilities | 1.89 B | |||
About King Slide Performance
Evaluating King Slide's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if King Slide 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 King Slide 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.
King Slide Works Co., Ltd. manufactures, processes and sells the rail kits for computer and network communication equipment, furniture accessories, slides, and molds in Taiwan. King Slide Works Co., Ltd. was founded in 1986 and is headquartered in Kaohsiung, Taiwan. KING SLIDE operates under Diversified Industrials classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about King Slide Works performance evaluation
Checking the ongoing alerts about King Slide for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for King Slide Works help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| King Slide Works had very high historical volatility over the last 90 days | |
| About 39.0% of the company shares are owned by insiders or employees |
- Analyzing King Slide'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 King Slide's stock is overvalued or undervalued compared to its peers.
- Examining King Slide'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 King Slide's management team can have a significant impact on its success or failure. Reviewing the track record and experience of King Slide's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of King Slide's stock. These opinions can provide insight into King Slide's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for King Stock Analysis
When running King Slide's price analysis, check to measure King Slide'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 King Slide is operating at the current time. Most of King Slide's value examination focuses on studying past and present price action to predict the probability of King Slide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move King Slide's price. Additionally, you may evaluate how the addition of King Slide to your portfolios can decrease your overall portfolio volatility.