Shin Kong (Taiwan) Performance
| 2888 Stock | TWD 11.95 0.05 0.42% |
The entity has a beta of -0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Shin Kong are expected to decrease at a much lower rate. During the bear market, Shin Kong is likely to outperform the market. At this point, Shin Kong Financial has a negative expected return of -0.0402%. Please make sure to validate Shin Kong's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Shin Kong Financial 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 Shin Kong Financial has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Shin Kong 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 | 156.1 B | |
| Total Cashflows From Investing Activities | -15 B | |
| Free Cash Flow | -22.2 B |
Shin |
Shin Kong Relative Risk vs. Return Landscape
If you would invest 1,230 in Shin Kong Financial on September 18, 2024 and sell it today you would lose (35.00) from holding Shin Kong Financial or give up 2.85% of portfolio value over 90 days. Shin Kong Financial is generating negative expected returns and assumes 1.0634% volatility on return distribution over the 90 days horizon. Simply put, 9% of stocks are less volatile than Shin, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Shin Kong Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shin Kong's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Shin Kong Financial, and traders can use it to determine the average amount a Shin Kong'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 = -0.0378
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| Negative Returns | 2888 |
Estimated Market Risk
| 1.06 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shin Kong 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 Shin Kong by adding Shin Kong to a well-diversified portfolio.
Shin Kong Fundamentals Growth
Shin Stock prices reflect investors' perceptions of the future prospects and financial health of Shin Kong, and Shin Kong 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 Shin Stock performance.
| Return On Equity | 0.0537 | |||
| Return On Asset | -0.0191 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | (0.83) % | |||
| Current Valuation | (409.77 B) | |||
| Shares Outstanding | 15.49 B | |||
| Price To Earning | 17.15 X | |||
| Price To Book | 0.78 X | |||
| Price To Sales | 0.79 X | |||
| Revenue | 217.52 B | |||
| EBITDA | (143.26 B) | |||
| Cash And Equivalents | 908.86 B | |||
| Cash Per Share | 74.34 X | |||
| Total Debt | 125.04 B | |||
| Debt To Equity | 71.50 % | |||
| Book Value Per Share | 11.18 X | |||
| Cash Flow From Operations | (11.54 B) | |||
| Earnings Per Share | 0.68 X | |||
| Total Asset | 4.69 T | |||
| Retained Earnings | 30.18 B | |||
| Current Asset | 353.37 B | |||
| Current Liabilities | 241.71 B | |||
About Shin Kong Performance
Evaluating Shin Kong's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Shin Kong 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 Shin Kong 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.
Shin Kong Financial Holding Co., Ltd., through its subsidiaries, provides a range of financial products and services in life insurance, banking, securities, asset management, and non-life insurance brokerage areas in Taipei and internationally. Shin Kong Financial Holding Co., Ltd. was founded in 2002 and is headquartered in Taipei City, Taiwan. SHIN KONG operates under Insurance - Life classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 17063 people.Things to note about Shin Kong Financial performance evaluation
Checking the ongoing alerts about Shin Kong for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Shin Kong Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Shin Kong Financial generated a negative expected return over the last 90 days | |
| Shin Kong Financial has high likelihood to experience some financial distress in the next 2 years | |
| Shin Kong Financial has accumulated NT$125.04 Billion in debt which can lead to volatile earnings | |
| Shin Kong Financial has accumulated about 908.86 B in cash with (11.54 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 74.34, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 15.0% of the company shares are owned by insiders or employees |
- Analyzing Shin Kong'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 Shin Kong's stock is overvalued or undervalued compared to its peers.
- Examining Shin Kong'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 Shin Kong's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Shin Kong's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Shin Kong's stock. These opinions can provide insight into Shin Kong's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Shin Stock Analysis
When running Shin Kong's price analysis, check to measure Shin Kong'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 Shin Kong is operating at the current time. Most of Shin Kong's value examination focuses on studying past and present price action to predict the probability of Shin Kong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shin Kong's price. Additionally, you may evaluate how the addition of Shin Kong to your portfolios can decrease your overall portfolio volatility.