Double Bond (Taiwan) Performance
| 4764 Stock | TWD 43.30 0.20 0.46% |
The firm shows a Beta (market volatility) of -0.0359, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Double Bond are expected to decrease at a much lower rate. During the bear market, Double Bond is likely to outperform the market. At this point, Double Bond Chemical has a negative expected return of -0.0399%. Please make sure to confirm Double Bond's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Double Bond Chemical 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 Double Bond Chemical has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Double Bond 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 | 1.3 B | |
| Total Cashflows From Investing Activities | -293.9 M |
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Double Bond Relative Risk vs. Return Landscape
If you would invest 4,465 in Double Bond Chemical on September 25, 2024 and sell it today you would lose (135.00) from holding Double Bond Chemical or give up 3.02% of portfolio value over 90 days. Double Bond Chemical is generating negative expected returns and assumes 1.346% volatility on return distribution over the 90 days horizon. Simply put, 11% of stocks are less volatile than Double, 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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Double Bond Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Double Bond's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Double Bond Chemical, and traders can use it to determine the average amount a Double Bond'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 = -0.0296
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| Negative Returns | 4764 |
Estimated Market Risk
| 1.35 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Double Bond 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 Double Bond by adding Double Bond to a well-diversified portfolio.
Double Bond Fundamentals Growth
Double Stock prices reflect investors' perceptions of the future prospects and financial health of Double Bond, and Double Bond 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 Double Stock performance.
| Return On Equity | 0.0353 | |||
| Return On Asset | 0.0062 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 5.34 B | |||
| Shares Outstanding | 85.54 M | |||
| Price To Earning | 59.90 X | |||
| Price To Book | 1.90 X | |||
| Price To Sales | 1.49 X | |||
| Revenue | 3.06 B | |||
| EBITDA | 219.59 M | |||
| Cash And Equivalents | 1.13 B | |||
| Cash Per Share | 13.20 X | |||
| Total Debt | 1.31 B | |||
| Debt To Equity | 0.81 % | |||
| Book Value Per Share | 27.64 X | |||
| Cash Flow From Operations | 41.19 M | |||
| Earnings Per Share | 0.93 X | |||
| Total Asset | 4.81 B | |||
About Double Bond Performance
Evaluating Double Bond's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Double Bond 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 Double Bond 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.
Co., Ltd. manufactures and sells fine chemicals with focus on the polymer and UV-coating industries in Taiwan and internationally. Co., Ltd. was founded in 1994 and is headquartered in New Taipei City, Taiwan. DOUBLE BOND operates under Specialty Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Double Bond Chemical performance evaluation
Checking the ongoing alerts about Double Bond for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Double Bond Chemical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Double Bond Chemical generated a negative expected return over the last 90 days | |
| About 69.0% of the company shares are owned by insiders or employees |
- Analyzing Double Bond'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 Double Bond's stock is overvalued or undervalued compared to its peers.
- Examining Double Bond'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 Double Bond's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Double Bond's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Double Bond's stock. These opinions can provide insight into Double Bond's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Double Stock Analysis
When running Double Bond's price analysis, check to measure Double Bond'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 Double Bond is operating at the current time. Most of Double Bond's value examination focuses on studying past and present price action to predict the probability of Double Bond's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Double Bond's price. Additionally, you may evaluate how the addition of Double Bond to your portfolios can decrease your overall portfolio volatility.