Onyx Healthcare Stock Three Year Return
| 6569 Stock | TWD 149.50 5.00 3.24% |
Onyx Healthcare fundamentals help investors to digest information that contributes to Onyx Healthcare's financial success or failures. It also enables traders to predict the movement of Onyx Stock. The fundamental analysis module provides a way to measure Onyx Healthcare's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Onyx Healthcare stock.
Onyx |
Onyx Healthcare Company Three Year Return Analysis
Onyx Healthcare's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
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Based on the latest financial disclosure, Onyx Healthcare has a Three Year Return of 0.0%. This indicator is about the same for the Healthcare average (which is currently at 0.0) sector and about the same as Health Information Services (which currently averages 0.0) industry. This indicator is about the same for all Taiwan stocks average (which is currently at 0.0).
Onyx Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Onyx Healthcare's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Onyx Healthcare could also be used in its relative valuation, which is a method of valuing Onyx Healthcare by comparing valuation metrics of similar companies.Onyx Healthcare is currently under evaluation in three year return category among its peers.
Onyx Fundamentals
| Price To Earning | 16.14 X | |||
| EBITDA | 124.12 M | |||
| Net Income | 142.99 M | |||
| Cash And Equivalents | 294.17 M | |||
| Cash Per Share | 9.72 X | |||
| Total Debt | 280.45 M | |||
| Debt To Equity | 0.30 % | |||
| Current Ratio | 1.55 X | |||
| Book Value Per Share | 38.63 X | |||
| Cash Flow From Operations | 211.66 M | |||
| Earnings Per Share | 6.57 X | |||
| Number Of Employees | 12 | |||
| Beta | 0.26 | |||
| Market Capitalization | 2.92 B | |||
| Z Score | 6.0 | |||
| Five Year Return | 3.67 % | |||
| Last Dividend Paid | 5.5 |
About Onyx Healthcare Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Onyx Healthcare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Onyx Healthcare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Onyx Healthcare based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Onyx Healthcare
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Onyx Healthcare position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Onyx Healthcare will appreciate offsetting losses from the drop in the long position's value.Moving together with Onyx Stock
Moving against Onyx Stock
| 0.84 | 2354 | Foxconn Technology | PairCorr |
| 0.8 | 2603 | Evergreen Marine Corp | PairCorr |
| 0.74 | 6669 | Wiwynn Corp | PairCorr |
| 0.74 | 2850 | Shinkong Insurance | PairCorr |
| 0.73 | 3533 | Lotes | PairCorr |
The ability to find closely correlated positions to Onyx Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Onyx Healthcare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Onyx Healthcare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Onyx Healthcare to buy it.
The correlation of Onyx Healthcare is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Onyx Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Onyx Healthcare moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Onyx Healthcare can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Onyx Stock Analysis
When running Onyx Healthcare's price analysis, check to measure Onyx Healthcare'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 Onyx Healthcare is operating at the current time. Most of Onyx Healthcare's value examination focuses on studying past and present price action to predict the probability of Onyx Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onyx Healthcare's price. Additionally, you may evaluate how the addition of Onyx Healthcare to your portfolios can decrease your overall portfolio volatility.