EMemory Technology (Taiwan) Performance

3529 Stock  TWD 3,275  50.00  1.55%   
On a scale of 0 to 100, EMemory Technology holds a performance score of 13. The firm shows a Beta (market volatility) of 0.25, which means not very significant fluctuations relative to the market. As returns on the market increase, EMemory Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding EMemory Technology is expected to be smaller as well. Please check EMemory Technology's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether EMemory Technology's price patterns will revert.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in eMemory Technology are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, EMemory Technology showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Begin Period Cash Flow1.8 B
Total Cashflows From Investing Activities-12.3 M
  

EMemory Technology Relative Risk vs. Return Landscape

If you would invest  234,000  in eMemory Technology on September 15, 2024 and sell it today you would earn a total of  93,500  from holding eMemory Technology or generate 39.96% return on investment over 90 days. eMemory Technology is generating 0.5957% of daily returns and assumes 3.5303% volatility on return distribution over the 90 days horizon. Simply put, 31% of stocks are less volatile than EMemory, and 89% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
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Assuming the 90 days trading horizon EMemory Technology is expected to generate 4.84 times more return on investment than the market. However, the company is 4.84 times more volatile than its market benchmark. It trades about 0.17 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.11 per unit of risk.

EMemory Technology Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for EMemory Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as eMemory Technology, and traders can use it to determine the average amount a EMemory Technology'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 = 0.1688

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Estimated Market Risk

 3.53
  actual daily
31
69% of assets are more volatile

Expected Return

 0.6
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average EMemory Technology is performing at about 13% 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 EMemory Technology by adding it to a well-diversified portfolio.

EMemory Technology Fundamentals Growth

EMemory Stock prices reflect investors' perceptions of the future prospects and financial health of EMemory Technology, and EMemory Technology 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 EMemory Stock performance.

About EMemory Technology Performance

Evaluating EMemory Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if EMemory Technology 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 EMemory Technology 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.

Things to note about eMemory Technology performance evaluation

Checking the ongoing alerts about EMemory Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for eMemory Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
eMemory Technology appears to be risky and price may revert if volatility continues
About 61.0% of the company shares are owned by institutions such as pension funds
Evaluating EMemory Technology's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate EMemory Technology's stock performance include:
  • Analyzing EMemory Technology'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 EMemory Technology's stock is overvalued or undervalued compared to its peers.
  • Examining EMemory Technology'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 EMemory Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of EMemory Technology's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of EMemory Technology's stock. These opinions can provide insight into EMemory Technology's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating EMemory Technology's stock performance is not an exact science, and many factors can impact EMemory Technology's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Additional Tools for EMemory Stock Analysis

When running EMemory Technology's price analysis, check to measure EMemory Technology'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 EMemory Technology is operating at the current time. Most of EMemory Technology's value examination focuses on studying past and present price action to predict the probability of EMemory Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMemory Technology's price. Additionally, you may evaluate how the addition of EMemory Technology to your portfolios can decrease your overall portfolio volatility.