Cathay Chemical (Taiwan) Performance
| 1713 Stock | TWD 47.45 0.35 0.73% |
The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cathay Chemical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cathay Chemical is expected to be smaller as well. At this point, Cathay Chemical Works has a negative expected return of -0.18%. Please make sure to confirm Cathay Chemical's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Cathay Chemical Works 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 Cathay Chemical Works has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak 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 | 497.6 M | |
| Total Cashflows From Investing Activities | -91 M |
Cathay |
Cathay Chemical Relative Risk vs. Return Landscape
If you would invest 5,310 in Cathay Chemical Works on September 14, 2024 and sell it today you would lose (565.00) from holding Cathay Chemical Works or give up 10.64% of portfolio value over 90 days. Cathay Chemical Works is generating negative expected returns and assumes 0.897% volatility on return distribution over the 90 days horizon. Simply put, 7% of stocks are less volatile than Cathay, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Cathay Chemical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cathay Chemical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cathay Chemical Works, and traders can use it to determine the average amount a Cathay Chemical'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 = -0.1977
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| Negative Returns | 1713 |
Estimated Market Risk
| 0.9 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cathay Chemical 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 Cathay Chemical by adding Cathay Chemical to a well-diversified portfolio.
Cathay Chemical Fundamentals Growth
Cathay Stock prices reflect investors' perceptions of the future prospects and financial health of Cathay Chemical, and Cathay Chemical 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 Cathay Stock performance.
| Return On Equity | 0.1 | |||
| Return On Asset | 0.0045 | |||
| Profit Margin | 0.38 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 3.57 B | |||
| Shares Outstanding | 150.95 M | |||
| Price To Earning | 27.59 X | |||
| Price To Book | 1.52 X | |||
| Price To Sales | 5.80 X | |||
| Revenue | 624.6 M | |||
| EBITDA | 40.35 M | |||
| Cash And Equivalents | 686.07 M | |||
| Cash Per Share | 4.55 X | |||
| Book Value Per Share | 16.59 X | |||
| Cash Flow From Operations | (75.18 M) | |||
| Earnings Per Share | 1.64 X | |||
| Total Asset | 2.58 B | |||
| Retained Earnings | 729 M | |||
| Current Asset | 969 M | |||
| Current Liabilities | 40 M | |||
About Cathay Chemical Performance
Evaluating Cathay Chemical's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Cathay Chemical 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 Cathay Chemical 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.
Cathay Chemical Works Inc. imports, manufactures, and sells specialty and fine chemicals under the CATHAY brand in Taiwan. Cathay Chemical Works Inc. was founded in 1962 and is based in Taipei, Taiwan. CATHAY CHEMICAL operates under Specialty Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 95 people.Things to note about Cathay Chemical Works performance evaluation
Checking the ongoing alerts about Cathay Chemical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cathay Chemical Works help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cathay Chemical generated a negative expected return over the last 90 days | |
| Cathay Chemical Works has accumulated about 686.07 M in cash with (75.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.55. | |
| Roughly 62.0% of the company shares are owned by insiders or employees |
- Analyzing Cathay Chemical'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 Cathay Chemical's stock is overvalued or undervalued compared to its peers.
- Examining Cathay Chemical'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 Cathay Chemical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cathay Chemical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cathay Chemical's stock. These opinions can provide insight into Cathay Chemical's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Cathay Stock Analysis
When running Cathay Chemical's price analysis, check to measure Cathay Chemical'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 Cathay Chemical is operating at the current time. Most of Cathay Chemical's value examination focuses on studying past and present price action to predict the probability of Cathay Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay Chemical's price. Additionally, you may evaluate how the addition of Cathay Chemical to your portfolios can decrease your overall portfolio volatility.