Optivision Technology (Taiwan) Performance
| 3666 Stock | TWD 28.60 0.40 1.38% |
The company holds a Beta of -0.33, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Optivision Technology are expected to decrease at a much lower rate. During the bear market, Optivision Technology is likely to outperform the market. At this point, Optivision Technology has a negative expected return of -0.24%. Please make sure to check Optivision Technology's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Optivision Technology 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 Optivision Technology has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in January 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 916.8 M | |
| Total Cashflows From Investing Activities | -114.4 M |
Optivision |
Optivision Technology Relative Risk vs. Return Landscape
If you would invest 3,400 in Optivision Technology on September 17, 2024 and sell it today you would lose (540.00) from holding Optivision Technology or give up 15.88% of portfolio value over 90 days. Optivision Technology is generating negative expected returns and assumes 2.5777% volatility on return distribution over the 90 days horizon. Simply put, 22% of stocks are less volatile than Optivision, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Optivision Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Optivision Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Optivision Technology, and traders can use it to determine the average amount a Optivision 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 = -0.0939
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 3666 |
Estimated Market Risk
| 2.58 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Optivision Technology 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 Optivision Technology by adding Optivision Technology to a well-diversified portfolio.
Optivision Technology Fundamentals Growth
Optivision Stock prices reflect investors' perceptions of the future prospects and financial health of Optivision Technology, and Optivision 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 Optivision Stock performance.
| Return On Equity | -0.19 | |||
| Return On Asset | -0.0867 | |||
| Profit Margin | (0.20) % | |||
| Operating Margin | (0.20) % | |||
| Current Valuation | (153.55 M) | |||
| Shares Outstanding | 5.29 K | |||
| Price To Book | 0.0001 X | |||
| Price To Sales | 0.0001 X | |||
| Revenue | 1.73 B | |||
| EBITDA | 54.94 M | |||
| Cash And Equivalents | 100.31 M | |||
| Cash Per Share | 2.08 X | |||
| Total Debt | 167.14 M | |||
| Debt To Equity | 23.10 % | |||
| Book Value Per Share | 19.95 X | |||
| Cash Flow From Operations | 316.43 M | |||
| Earnings Per Share | (0.97) X | |||
| Total Asset | 1.99 B | |||
About Optivision Technology Performance
Evaluating Optivision Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Optivision 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 Optivision 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.
Optivision Technology, Inc. designs and develops optical films. The company was founded in 2004 and is based in Hsinchu, Taiwan. OPTIVISION TECHNOLOGY operates under Semiconductors classification in Taiwan and is traded on Taiwan OTC Exchange.Things to note about Optivision Technology performance evaluation
Checking the ongoing alerts about Optivision Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Optivision Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Optivision Technology generated a negative expected return over the last 90 days | |
| Optivision Technology has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.73 B. Net Loss for the year was (32.17 M) with profit before overhead, payroll, taxes, and interest of 148.78 M. | |
| About 48.0% of the company shares are owned by insiders or employees |
- Analyzing Optivision 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 Optivision Technology's stock is overvalued or undervalued compared to its peers.
- Examining Optivision 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 Optivision Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Optivision Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Optivision Technology's stock. These opinions can provide insight into Optivision Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Optivision Stock Analysis
When running Optivision Technology's price analysis, check to measure Optivision 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 Optivision Technology is operating at the current time. Most of Optivision Technology's value examination focuses on studying past and present price action to predict the probability of Optivision 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 Optivision Technology's price. Additionally, you may evaluate how the addition of Optivision Technology to your portfolios can decrease your overall portfolio volatility.