Tung Ho (Taiwan) Performance
| 2006 Stock | TWD 70.60 1.00 1.40% |
The entity has a beta of -0.0383, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tung Ho are expected to decrease at a much lower rate. During the bear market, Tung Ho is likely to outperform the market. At this point, Tung Ho Steel has a negative expected return of -0.13%. Please make sure to validate Tung Ho's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Tung Ho Steel 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 Tung Ho Steel 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 | 1.9 B | |
| Total Cashflows From Investing Activities | -1.4 B |
Tung |
Tung Ho Relative Risk vs. Return Landscape
If you would invest 7,710 in Tung Ho Steel on September 12, 2024 and sell it today you would lose (650.00) from holding Tung Ho Steel or give up 8.43% of portfolio value over 90 days. Tung Ho Steel is generating negative expected returns and assumes 1.1572% volatility on return distribution over the 90 days horizon. Simply put, 10% of stocks are less volatile than Tung, 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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Tung Ho Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tung Ho's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tung Ho Steel, and traders can use it to determine the average amount a Tung Ho'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 = -0.115
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| Negative Returns | 2006 |
Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tung Ho 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 Tung Ho by adding Tung Ho to a well-diversified portfolio.
Tung Ho Fundamentals Growth
Tung Stock prices reflect investors' perceptions of the future prospects and financial health of Tung Ho, and Tung Ho 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 Tung Stock performance.
| Return On Equity | 0.17 | |||
| Return On Asset | 0.0647 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 56.65 B | |||
| Shares Outstanding | 730.21 M | |||
| Price To Earning | 21.50 X | |||
| Price To Book | 1.36 X | |||
| Price To Sales | 0.62 X | |||
| Revenue | 58.8 B | |||
| EBITDA | 9.13 B | |||
| Cash And Equivalents | 944.38 M | |||
| Cash Per Share | 0.94 X | |||
| Total Debt | 1.82 B | |||
| Debt To Equity | 76.20 % | |||
| Book Value Per Share | 38.37 X | |||
| Cash Flow From Operations | (1.05 B) | |||
| Earnings Per Share | 6.20 X | |||
| Total Asset | 55.4 B | |||
| Retained Earnings | 6.83 B | |||
| Current Asset | 13.54 B | |||
| Current Liabilities | 10 B | |||
About Tung Ho Performance
Evaluating Tung Ho's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tung Ho 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 Tung Ho 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.
Tung Ho Steel Enterprise Corporation produces and sells steel products in Taiwan and internationally. The company was founded in 1946 and is headquartered in Taipei City, Taiwan. TUNG HO operates under Steel classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Tung Ho Steel performance evaluation
Checking the ongoing alerts about Tung Ho for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tung Ho Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tung Ho Steel generated a negative expected return over the last 90 days | |
| Tung Ho Steel has accumulated NT$1.82 Billion in debt which can lead to volatile earnings | |
| Tung Ho Steel has accumulated about 944.38 M in cash with (1.05 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.94. | |
| Roughly 32.0% of the company shares are owned by insiders or employees |
- Analyzing Tung Ho'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 Tung Ho's stock is overvalued or undervalued compared to its peers.
- Examining Tung Ho'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 Tung Ho's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tung Ho's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tung Ho's stock. These opinions can provide insight into Tung Ho's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Tung Stock Analysis
When running Tung Ho's price analysis, check to measure Tung Ho'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 Tung Ho is operating at the current time. Most of Tung Ho's value examination focuses on studying past and present price action to predict the probability of Tung Ho's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tung Ho's price. Additionally, you may evaluate how the addition of Tung Ho to your portfolios can decrease your overall portfolio volatility.