Asia Tech (Taiwan) Performance
| 4974 Stock | TWD 97.40 6.80 7.51% |
The firm shows a Beta (market volatility) of 0.53, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Asia Tech's returns are expected to increase less than the market. However, during the bear market, the loss of holding Asia Tech is expected to be smaller as well. At this point, Asia Tech Image has a negative expected return of -0.24%. Please make sure to confirm Asia Tech's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Asia Tech Image 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 Asia Tech Image 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 | 2.3 B | |
| Total Cashflows From Investing Activities | -221.9 M |
Asia |
Asia Tech Relative Risk vs. Return Landscape
If you would invest 11,500 in Asia Tech Image on September 16, 2024 and sell it today you would lose (1,760) from holding Asia Tech Image or give up 15.3% of portfolio value over 90 days. Asia Tech Image is generating negative expected returns and assumes 2.0651% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than Asia, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Asia Tech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asia Tech's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Asia Tech Image, and traders can use it to determine the average amount a Asia Tech'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 = -0.1154
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| Negative Returns | 4974 |
Estimated Market Risk
| 2.07 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Asia Tech 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 Asia Tech by adding Asia Tech to a well-diversified portfolio.
Asia Tech Fundamentals Growth
Asia Stock prices reflect investors' perceptions of the future prospects and financial health of Asia Tech, and Asia Tech 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 Asia Stock performance.
| Return On Equity | 0.2 | |||
| Return On Asset | 0.0746 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 1.72 B | |||
| Shares Outstanding | 72.5 M | |||
| Price To Earning | 9.25 X | |||
| Price To Book | 1.39 X | |||
| Price To Sales | 1.03 X | |||
| Revenue | 4.19 B | |||
| EBITDA | 612.46 M | |||
| Cash And Equivalents | 1.76 B | |||
| Cash Per Share | 24.26 X | |||
| Total Debt | 19.93 M | |||
| Debt To Equity | 0.80 % | |||
| Book Value Per Share | 41.30 X | |||
| Cash Flow From Operations | 396.77 M | |||
| Earnings Per Share | 7.47 X | |||
| Total Asset | 3.8 B | |||
About Asia Tech Performance
Evaluating Asia Tech's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Asia Tech 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 Asia Tech 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.
Asia Tech Image Inc. designs, develops, assembles, manufactures, and sells customized contact image sensor modules in Taiwan, China, and Myanmar. The company was founded in 2004 and is based in New Taipei City, Taiwan. ASIA TECH is traded on Taiwan OTC Exchange in Taiwan.Things to note about Asia Tech Image performance evaluation
Checking the ongoing alerts about Asia Tech for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Asia Tech Image help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Asia Tech Image generated a negative expected return over the last 90 days | |
| About 43.0% of the company shares are owned by insiders or employees |
- Analyzing Asia Tech'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 Asia Tech's stock is overvalued or undervalued compared to its peers.
- Examining Asia Tech'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 Asia Tech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Asia Tech's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Asia Tech's stock. These opinions can provide insight into Asia Tech's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Asia Stock Analysis
When running Asia Tech's price analysis, check to measure Asia Tech'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 Asia Tech is operating at the current time. Most of Asia Tech's value examination focuses on studying past and present price action to predict the probability of Asia Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Tech's price. Additionally, you may evaluate how the addition of Asia Tech to your portfolios can decrease your overall portfolio volatility.