Harvatek Corp (Taiwan) Performance
| 6168 Stock | TWD 20.45 0.75 3.54% |
The company retains a Market Volatility (i.e., Beta) of 0.0828, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Harvatek Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harvatek Corp is expected to be smaller as well. At this point, Harvatek Corp has a negative expected return of -0.11%. Please make sure to check out Harvatek Corp's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Harvatek Corp 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 Harvatek Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 1.5 B | |
| Total Cashflows From Investing Activities | -86.6 M | |
| Free Cash Flow | 378.3 M |
Harvatek |
Harvatek Corp Relative Risk vs. Return Landscape
If you would invest 2,215 in Harvatek Corp on September 15, 2024 and sell it today you would lose (170.00) from holding Harvatek Corp or give up 7.67% of portfolio value over 90 days. Harvatek Corp is generating negative expected returns and assumes 2.0217% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than Harvatek, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Harvatek Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harvatek Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Harvatek Corp, and traders can use it to determine the average amount a Harvatek Corp'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 = -0.0528
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| Negative Returns | 6168 |
Estimated Market Risk
| 2.02 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Harvatek Corp 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 Harvatek Corp by adding Harvatek Corp to a well-diversified portfolio.
Harvatek Corp Fundamentals Growth
Harvatek Stock prices reflect investors' perceptions of the future prospects and financial health of Harvatek Corp, and Harvatek Corp 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 Harvatek Stock performance.
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0368 | |||
| Profit Margin | 0.15 % | |||
| Operating Margin | 0.1 % | |||
| Current Valuation | 2.37 B | |||
| Shares Outstanding | 205.76 M | |||
| Price To Earning | 18.70 X | |||
| Price To Book | 1.20 X | |||
| Price To Sales | 1.41 X | |||
| Revenue | 3 B | |||
| EBITDA | 571.67 M | |||
| Cash And Equivalents | 1.52 B | |||
| Cash Per Share | 7.39 X | |||
| Total Debt | 256.39 M | |||
| Debt To Equity | 0.08 % | |||
| Book Value Per Share | 15.33 X | |||
| Cash Flow From Operations | 454.69 M | |||
| Earnings Per Share | 1.82 X | |||
| Total Asset | 4.61 B | |||
| Retained Earnings | (139 M) | |||
| Current Asset | 2.79 B | |||
| Current Liabilities | 1.52 B | |||
About Harvatek Corp Performance
Evaluating Harvatek Corp's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Harvatek Corp 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 Harvatek Corp 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.
Harvatek Corporation designs, manufactures, tests, exports, and sells semiconductor chips and LEDs in Taiwan and internationally. Harvatek Corporation was founded in 1995 and is headquartered in Hsinchu City, Taiwan. HARVATEK CORP operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Harvatek Corp performance evaluation
Checking the ongoing alerts about Harvatek Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Harvatek Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Harvatek Corp generated a negative expected return over the last 90 days | |
| About 42.0% of the company shares are owned by insiders or employees |
- Analyzing Harvatek Corp'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 Harvatek Corp's stock is overvalued or undervalued compared to its peers.
- Examining Harvatek Corp'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 Harvatek Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Harvatek Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Harvatek Corp's stock. These opinions can provide insight into Harvatek Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Harvatek Stock Analysis
When running Harvatek Corp's price analysis, check to measure Harvatek Corp'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 Harvatek Corp is operating at the current time. Most of Harvatek Corp's value examination focuses on studying past and present price action to predict the probability of Harvatek Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harvatek Corp's price. Additionally, you may evaluate how the addition of Harvatek Corp to your portfolios can decrease your overall portfolio volatility.