Bright Led (Taiwan) Performance
| 3031 Stock | TWD 20.70 0.75 3.50% |
The firm shows a Beta (market volatility) of 0.0816, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bright Led's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bright Led is expected to be smaller as well. At this point, Bright Led Electronics has a negative expected return of -7.0E-4%. Please make sure to confirm Bright Led's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Bright Led Electronics 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 Bright Led Electronics has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Bright Led 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 | 857.3 M | |
| Total Cashflows From Investing Activities | -103.8 M |
Bright |
Bright Led Relative Risk vs. Return Landscape
If you would invest 2,130 in Bright Led Electronics on September 15, 2024 and sell it today you would lose (60.00) from holding Bright Led Electronics or give up 2.82% of portfolio value over 90 days. Bright Led Electronics is generating negative expected returns and assumes 3.0542% volatility on return distribution over the 90 days horizon. Simply put, 27% of stocks are less volatile than Bright, 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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Bright Led Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bright Led's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Bright Led Electronics, and traders can use it to determine the average amount a Bright Led'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 = -2.0E-4
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| Negative Returns | 3031 |
Estimated Market Risk
| 3.05 actual daily | 27 73% 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 Bright Led 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 Bright Led by adding Bright Led to a well-diversified portfolio.
Bright Led Fundamentals Growth
Bright Stock prices reflect investors' perceptions of the future prospects and financial health of Bright Led, and Bright Led 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 Bright Stock performance.
| Return On Equity | 0.0607 | |||
| Return On Asset | 0.0218 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 1.81 B | |||
| Shares Outstanding | 173.2 M | |||
| Price To Earning | 21.18 X | |||
| Price To Book | 0.95 X | |||
| Price To Sales | 1.77 X | |||
| Revenue | 1.53 B | |||
| EBITDA | 382.2 M | |||
| Cash And Equivalents | 897.69 M | |||
| Cash Per Share | 4.81 X | |||
| Total Debt | 168.44 M | |||
| Debt To Equity | 5.80 % | |||
| Book Value Per Share | 16.73 X | |||
| Cash Flow From Operations | 163.44 M | |||
| Earnings Per Share | 1.05 X | |||
| Total Asset | 3.67 B | |||
| Retained Earnings | 387 M | |||
| Current Asset | 2.26 B | |||
| Current Liabilities | 695 M | |||
About Bright Led Performance
Evaluating Bright Led's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Bright Led 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 Bright Led 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.
Bright LED Electronics Corp. manufactures and sells LED products. The company was founded in 1981 and is based in New Taipei City, Taiwan. BRIGHT LED operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Bright Led Electronics performance evaluation
Checking the ongoing alerts about Bright Led for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Bright Led Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Bright Led generated a negative expected return over the last 90 days | |
| Bright Led has high historical volatility and very poor performance | |
| About 56.0% of the company shares are owned by insiders or employees |
- Analyzing Bright Led'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 Bright Led's stock is overvalued or undervalued compared to its peers.
- Examining Bright Led'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 Bright Led's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bright Led's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Bright Led's stock. These opinions can provide insight into Bright Led's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Bright Stock Analysis
When running Bright Led's price analysis, check to measure Bright Led'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 Bright Led is operating at the current time. Most of Bright Led's value examination focuses on studying past and present price action to predict the probability of Bright Led's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bright Led's price. Additionally, you may evaluate how the addition of Bright Led to your portfolios can decrease your overall portfolio volatility.