Jung Shing (Taiwan) Performance
| 1617 Stock | TWD 17.70 0.20 1.14% |
Jung Shing has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jung Shing are expected to decrease at a much lower rate. During the bear market, Jung Shing is likely to outperform the market. Jung Shing Wire right now retains a risk of 2.62%. Please check out Jung Shing coefficient of variation, information ratio, total risk alpha, as well as the relationship between the standard deviation and jensen alpha , to decide if Jung Shing will be following its current trending patterns.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Jung Shing Wire are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Jung Shing may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
| Begin Period Cash Flow | 628.7 M | |
| Total Cashflows From Investing Activities | -134.3 M |
Jung |
Jung Shing Relative Risk vs. Return Landscape
If you would invest 1,690 in Jung Shing Wire on December 14, 2024 and sell it today you would earn a total of 80.00 from holding Jung Shing Wire or generate 4.73% return on investment over 90 days. Jung Shing Wire is generating 0.1172% of daily returns and assumes 2.6245% volatility on return distribution over the 90 days horizon. Simply put, 23% of stocks are less volatile than Jung, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Jung Shing Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jung Shing's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Jung Shing Wire, and traders can use it to determine the average amount a Jung Shing'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 = 0.0446
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| Cash | Small Risk | 1617 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.62 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Jung Shing is performing at about 3% of its full potential. 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 Jung Shing by adding it to a well-diversified portfolio.
Jung Shing Fundamentals Growth
Jung Stock prices reflect investors' perceptions of the future prospects and financial health of Jung Shing, and Jung Shing 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 Jung Stock performance.
| Return On Equity | 0.0455 | |||
| Return On Asset | 0.0035 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 2.35 B | |||
| Shares Outstanding | 157.73 M | |||
| Price To Earning | 9.24 X | |||
| Price To Book | 1.11 X | |||
| Price To Sales | 0.62 X | |||
| Revenue | 4.62 B | |||
| EBITDA | 349.34 M | |||
| Cash And Equivalents | 960.88 M | |||
| Cash Per Share | 6.66 X | |||
| Total Debt | 110.34 M | |||
| Debt To Equity | 41.40 % | |||
| Book Value Per Share | 13.56 X | |||
| Cash Flow From Operations | 93.83 M | |||
| Earnings Per Share | 0.64 X | |||
| Total Asset | 3.62 B | |||
| Retained Earnings | 61 M | |||
| Current Asset | 2.19 B | |||
| Current Liabilities | 1.37 B | |||
About Jung Shing Performance
Evaluating Jung Shing's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Jung Shing 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 Jung Shing 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.
Jung Shing Wire Co., Ltd. manufactures and sells magnet wires. The company was founded in 1971 and is based in Tainan City, Taiwan. JUNG SHING operates under Electronics Distribution classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Jung Shing Wire performance evaluation
Checking the ongoing alerts about Jung Shing for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Jung Shing Wire help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 69.0% of the company shares are owned by insiders or employees |
- Analyzing Jung Shing'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 Jung Shing's stock is overvalued or undervalued compared to its peers.
- Examining Jung Shing'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 Jung Shing's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Jung Shing's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Jung Shing's stock. These opinions can provide insight into Jung Shing's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Jung Stock Analysis
When running Jung Shing's price analysis, check to measure Jung Shing'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 Jung Shing is operating at the current time. Most of Jung Shing's value examination focuses on studying past and present price action to predict the probability of Jung Shing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jung Shing's price. Additionally, you may evaluate how the addition of Jung Shing to your portfolios can decrease your overall portfolio volatility.