Tong Hwa (Taiwan) Performance
| 1418 Stock | TWD 28.30 0.10 0.35% |
The entity has a beta of -0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tong Hwa are expected to decrease at a much lower rate. During the bear market, Tong Hwa is likely to outperform the market. At this point, Tong Hwa Synthetic has a negative expected return of -0.21%. Please make sure to validate Tong Hwa's coefficient of variation, information ratio, total risk alpha, as well as the relationship between the standard deviation and jensen alpha , to decide if Tong Hwa Synthetic 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 Tong Hwa Synthetic Fiber 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 | 56.2 M | |
| Total Cashflows From Investing Activities | 20.3 M |
Tong |
Tong Hwa Relative Risk vs. Return Landscape
If you would invest 3,270 in Tong Hwa Synthetic Fiber on September 29, 2024 and sell it today you would lose (440.00) from holding Tong Hwa Synthetic Fiber or give up 13.46% of portfolio value over 90 days. Tong Hwa Synthetic Fiber is generating negative expected returns and assumes 1.9871% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Tong, 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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Tong Hwa Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tong Hwa's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tong Hwa Synthetic Fiber, and traders can use it to determine the average amount a Tong Hwa'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 = -0.1039
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| Negative Returns | 1418 |
Estimated Market Risk
| 1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tong Hwa 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 Tong Hwa by adding Tong Hwa to a well-diversified portfolio.
Tong Hwa Fundamentals Growth
Tong Stock prices reflect investors' perceptions of the future prospects and financial health of Tong Hwa, and Tong Hwa 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 Tong Stock performance.
| Return On Equity | -0.0347 | |||
| Return On Asset | -0.0186 | |||
| Profit Margin | (1.46) % | |||
| Operating Margin | (5.91) % | |||
| Current Valuation | 2.45 B | |||
| Shares Outstanding | 54.3 M | |||
| Price To Earning | (3.77) X | |||
| Price To Book | 0.68 X | |||
| Price To Sales | 49.59 X | |||
| Revenue | 39.3 M | |||
| EBITDA | (111.26 M) | |||
| Cash And Equivalents | 206.88 M | |||
| Cash Per Share | 3.81 X | |||
| Total Debt | 1.84 B | |||
| Debt To Equity | 178.40 % | |||
| Book Value Per Share | 20.68 X | |||
| Cash Flow From Operations | (140.73 M) | |||
| Earnings Per Share | (0.95) X | |||
| Total Asset | 3.56 B | |||
| Retained Earnings | (687 M) | |||
| Current Asset | 517 M | |||
| Current Liabilities | 1.04 B | |||
About Tong Hwa Performance
Evaluating Tong Hwa's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tong Hwa 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 Tong Hwa 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.
Tong-Hwa Synthetic Fiber Company Limited manufactures and sells polyacrylonitrile fibers in the Republic of China. The company was founded in 1970 and is headquartered in Taipei, Taiwan. TONG HWA is traded on Taiwan Stock Exchange in Taiwan.Things to note about Tong Hwa Synthetic performance evaluation
Checking the ongoing alerts about Tong Hwa for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tong Hwa Synthetic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tong Hwa Synthetic generated a negative expected return over the last 90 days | |
| Tong Hwa Synthetic has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 39.3 M. Net Loss for the year was (168.55 M) with loss before overhead, payroll, taxes, and interest of (118.03 M). | |
| Tong Hwa Synthetic Fiber has accumulated about 206.88 M in cash with (140.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.81. | |
| Roughly 61.0% of the company shares are owned by insiders or employees |
- Analyzing Tong Hwa'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 Tong Hwa's stock is overvalued or undervalued compared to its peers.
- Examining Tong Hwa'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 Tong Hwa's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tong Hwa's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tong Hwa's stock. These opinions can provide insight into Tong Hwa's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Tong Stock Analysis
When running Tong Hwa's price analysis, check to measure Tong Hwa'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 Tong Hwa is operating at the current time. Most of Tong Hwa's value examination focuses on studying past and present price action to predict the probability of Tong Hwa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tong Hwa's price. Additionally, you may evaluate how the addition of Tong Hwa to your portfolios can decrease your overall portfolio volatility.