Space Shuttle (Taiwan) Performance
| 2440 Stock | TWD 12.70 0.30 2.31% |
The entity has a beta of 0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Space Shuttle's returns are expected to increase less than the market. However, during the bear market, the loss of holding Space Shuttle is expected to be smaller as well. At this point, Space Shuttle Hi has a negative expected return of -0.18%. Please make sure to validate Space Shuttle's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Space Shuttle Hi 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 Space Shuttle Hi Tech 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 | 321.5 M | |
| Total Cashflows From Investing Activities | -31.4 M |
Space |
Space Shuttle Relative Risk vs. Return Landscape
If you would invest 1,435 in Space Shuttle Hi Tech on September 15, 2024 and sell it today you would lose (165.00) from holding Space Shuttle Hi Tech or give up 11.5% of portfolio value over 90 days. Space Shuttle Hi Tech is generating negative expected returns and assumes 1.6862% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than Space, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Space Shuttle Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Space Shuttle's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Space Shuttle Hi Tech, and traders can use it to determine the average amount a Space Shuttle'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 = -0.1066
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| Negative Returns | 2440 |
Estimated Market Risk
| 1.69 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Space Shuttle 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 Space Shuttle by adding Space Shuttle to a well-diversified portfolio.
Space Shuttle Fundamentals Growth
Space Stock prices reflect investors' perceptions of the future prospects and financial health of Space Shuttle, and Space Shuttle 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 Space Stock performance.
| Return On Equity | -0.0014 | |||
| Return On Asset | 0.0118 | |||
| Profit Margin | (0.0006) % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 1.59 B | |||
| Shares Outstanding | 139.12 M | |||
| Price To Earning | 153.03 X | |||
| Price To Book | 1.25 X | |||
| Price To Sales | 0.50 X | |||
| Revenue | 4.2 B | |||
| EBITDA | 208.35 M | |||
| Cash And Equivalents | 274.01 M | |||
| Cash Per Share | 1.97 X | |||
| Total Debt | 1.2 B | |||
| Debt To Equity | 108.50 % | |||
| Book Value Per Share | 10.08 X | |||
| Cash Flow From Operations | (103.7 M) | |||
| Earnings Per Share | 0.11 X | |||
| Total Asset | 2.51 B | |||
| Retained Earnings | (365 M) | |||
| Current Asset | 1.28 B | |||
| Current Liabilities | 1.01 B | |||
About Space Shuttle Performance
Evaluating Space Shuttle's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Space Shuttle 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 Space Shuttle 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.
Space Shuttle Hi-Tech Co., Ltd., together with its subsidiaries, manufactures and sells telecommunication wires and cables. Space Shuttle Hi-Tech Co., Ltd. was founded in 1985 and is headquartered in Hsinchu Hsien, Taiwan. SPACE SHUTTLE operates under Computer Distribution classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 553 people.Things to note about Space Shuttle Hi performance evaluation
Checking the ongoing alerts about Space Shuttle for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Space Shuttle Hi help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Space Shuttle Hi generated a negative expected return over the last 90 days | |
| Space Shuttle Hi has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Space Shuttle Hi Tech has accumulated about 274.01 M in cash with (103.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.97. | |
| Roughly 55.0% of the company shares are owned by insiders or employees |
- Analyzing Space Shuttle'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 Space Shuttle's stock is overvalued or undervalued compared to its peers.
- Examining Space Shuttle'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 Space Shuttle's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Space Shuttle's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Space Shuttle's stock. These opinions can provide insight into Space Shuttle's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Space Stock Analysis
When running Space Shuttle's price analysis, check to measure Space Shuttle'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 Space Shuttle is operating at the current time. Most of Space Shuttle's value examination focuses on studying past and present price action to predict the probability of Space Shuttle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Space Shuttle's price. Additionally, you may evaluate how the addition of Space Shuttle to your portfolios can decrease your overall portfolio volatility.