Tong Tai (Taiwan) Performance
| 4526 Stock | TWD 31.35 0.35 1.10% |
Tong Tai has a performance score of 4 on a scale of 0 to 100. The entity has a beta of -0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tong Tai are expected to decrease at a much lower rate. During the bear market, Tong Tai is likely to outperform the market. Tong Tai Machine right now has a risk of 2.77%. Please validate Tong Tai information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Tong Tai will be following its existing price patterns.
Risk-Adjusted Performance
Insignificant
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Compared to the overall equity markets, risk-adjusted returns on investments in Tong Tai Machine Tool are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Tong Tai may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
| Begin Period Cash Flow | 1.7 B | |
| Total Cashflows From Investing Activities | 62.5 M |
Tong |
Tong Tai Relative Risk vs. Return Landscape
If you would invest 2,960 in Tong Tai Machine Tool on December 14, 2024 and sell it today you would earn a total of 175.00 from holding Tong Tai Machine Tool or generate 5.91% return on investment over 90 days. Tong Tai Machine Tool is generating 0.1423% of daily returns and assumes 2.7671% volatility on return distribution over the 90 days horizon. Simply put, 24% of stocks are less volatile than Tong, and 98% 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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Tong Tai Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tong Tai's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tong Tai Machine Tool, and traders can use it to determine the average amount a Tong Tai'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 = 0.0514
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| Cash | Small Risk | 4526 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Tong Tai is performing at about 4% 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 Tong Tai by adding it to a well-diversified portfolio.
Tong Tai Fundamentals Growth
Tong Stock prices reflect investors' perceptions of the future prospects and financial health of Tong Tai, and Tong Tai 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 Tong Stock performance.
| Return On Equity | 0.0315 | |||
| Return On Asset | 0.0022 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 8.27 B | |||
| Shares Outstanding | 254.83 M | |||
| Price To Earning | 18.65 X | |||
| Price To Book | 0.74 X | |||
| Price To Sales | 0.44 X | |||
| Revenue | 9.63 B | |||
| EBITDA | 661.61 M | |||
| Cash And Equivalents | 900.48 M | |||
| Cash Per Share | 3.53 X | |||
| Total Debt | 1.65 B | |||
| Debt To Equity | 119.90 % | |||
| Book Value Per Share | 19.92 X | |||
| Cash Flow From Operations | 132.63 M | |||
| Earnings Per Share | 0.53 X | |||
| Total Asset | 16 B | |||
| Retained Earnings | 1.72 B | |||
| Current Asset | 11 B | |||
| Current Liabilities | 6.95 B | |||
About Tong Tai Performance
Evaluating Tong Tai's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tong Tai 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 Tong Tai 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.
Tongtai Machine Tool Co., Ltd. manufactures and sells machines worldwide. The company was founded in 1969 and is headquartered in Kaohsiung, Taiwan. TONG TAI operates under Diversified Industrials classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Tong Tai Machine performance evaluation
Checking the ongoing alerts about Tong Tai for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tong Tai Machine help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tong Tai Machine has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 30.0% of the company shares are owned by insiders or employees |
- Analyzing Tong Tai'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 Tong Tai's stock is overvalued or undervalued compared to its peers.
- Examining Tong Tai'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 Tong Tai's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tong Tai's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tong Tai's stock. These opinions can provide insight into Tong Tai's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Tong Stock Analysis
When running Tong Tai's price analysis, check to measure Tong Tai'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 Tong Tai is operating at the current time. Most of Tong Tai's value examination focuses on studying past and present price action to predict the probability of Tong Tai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tong Tai's price. Additionally, you may evaluate how the addition of Tong Tai to your portfolios can decrease your overall portfolio volatility.