Chaheng Precision (Taiwan) Performance

4546 Stock  TWD 89.90  0.10  0.11%   
The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Chaheng Precision's returns are expected to increase less than the market. However, during the bear market, the loss of holding Chaheng Precision is expected to be smaller as well. At this point, Chaheng Precision has a negative expected return of -0.0936%. Please make sure to confirm Chaheng Precision's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Chaheng Precision 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 Chaheng Precision Co has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Chaheng Precision is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
Quick Ratio0.66
Fifty Two Week Low110.22
Payout Ratio110.99%
Fifty Two Week High185.00
Trailing Annual Dividend Yield4.14%
  

Chaheng Precision Relative Risk vs. Return Landscape

If you would invest  9,590  in Chaheng Precision Co on October 4, 2024 and sell it today you would lose (600.00) from holding Chaheng Precision Co or give up 6.26% of portfolio value over 90 days. Chaheng Precision Co is generating negative expected returns and assumes 1.2184% volatility on return distribution over the 90 days horizon. Simply put, 10% of stocks are less volatile than Chaheng, and 99% 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 Chaheng Precision is expected to under-perform the market. In addition to that, the company is 1.5 times more volatile than its market benchmark. It trades about -0.08 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.01 per unit of volatility.

Chaheng Precision Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Chaheng Precision's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Chaheng Precision Co, and traders can use it to determine the average amount a Chaheng Precision'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 = -0.0768

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Estimated Market Risk

 1.22
  actual daily
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90% of assets are more volatile

Expected Return

 -0.09
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Risk-Adjusted Return

 -0.08
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Most of other assets perform better
Based on monthly moving average Chaheng Precision 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 Chaheng Precision by adding Chaheng Precision to a well-diversified portfolio.

Chaheng Precision Fundamentals Growth

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

About Chaheng Precision Performance

Evaluating Chaheng Precision's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Chaheng Precision 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 Chaheng Precision 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.
Chaheng Precision Co., Ltd. develops, produces, manufactures, and sells aero-engine components in Taiwan. The company was founded in 1997 and is headquartered in Kaohsiung, Taiwan. CHAHENG PRECISION operates under Aerospace Defense classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 304 people.

Things to note about Chaheng Precision performance evaluation

Checking the ongoing alerts about Chaheng Precision for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Chaheng Precision help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Chaheng Precision generated a negative expected return over the last 90 days
Chaheng Precision has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Evaluating Chaheng Precision's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Chaheng Precision's stock performance include:
  • Analyzing Chaheng Precision'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 Chaheng Precision's stock is overvalued or undervalued compared to its peers.
  • Examining Chaheng Precision'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 Chaheng Precision's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Chaheng Precision's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Chaheng Precision's stock. These opinions can provide insight into Chaheng Precision's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Chaheng Precision's stock performance is not an exact science, and many factors can impact Chaheng Precision'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 Chaheng Stock Analysis

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