Optotech Corp (Taiwan) Performance
| 2340 Stock | TWD 28.85 1.05 3.51% |
The company holds a Beta of 0.19, which implies not very significant fluctuations relative to the market. As returns on the market increase, Optotech Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Optotech Corp is expected to be smaller as well. At this point, Optotech Corp has a negative expected return of -0.35%. Please make sure to check Optotech Corp's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Optotech Corp 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 Optotech Corp 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 | 3.1 B | |
| Total Cashflows From Investing Activities | -1.4 B |
Optotech |
Optotech Corp Relative Risk vs. Return Landscape
If you would invest 3,645 in Optotech Corp on September 15, 2024 and sell it today you would lose (760.00) from holding Optotech Corp or give up 20.85% of portfolio value over 90 days. Optotech Corp is generating negative expected returns and assumes 1.8063% volatility on return distribution over the 90 days horizon. Simply put, 16% of stocks are less volatile than Optotech, 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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Optotech Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Optotech Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Optotech Corp, and traders can use it to determine the average amount a Optotech Corp'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 = -0.1962
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| Negative Returns | 2340 |
Estimated Market Risk
| 1.81 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.35 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 Optotech Corp 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 Optotech Corp by adding Optotech Corp to a well-diversified portfolio.
Optotech Corp Fundamentals Growth
Optotech Stock prices reflect investors' perceptions of the future prospects and financial health of Optotech Corp, and Optotech Corp 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 Optotech Stock performance.
| Return On Equity | 0.0597 | |||
| Return On Asset | 0.0322 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 13.28 B | |||
| Shares Outstanding | 437.83 M | |||
| Price To Earning | 17.30 X | |||
| Price To Book | 1.85 X | |||
| Price To Sales | 3.16 X | |||
| Revenue | 6.14 B | |||
| EBITDA | 1.5 B | |||
| Cash And Equivalents | 3.44 B | |||
| Cash Per Share | 7.74 X | |||
| Debt To Equity | 15.70 % | |||
| Book Value Per Share | 19.62 X | |||
| Cash Flow From Operations | 1.74 B | |||
| Earnings Per Share | 1.17 X | |||
| Total Asset | 12.35 B | |||
| Retained Earnings | 1.73 B | |||
| Current Asset | 7.58 B | |||
| Current Liabilities | 2.75 B | |||
About Optotech Corp Performance
Evaluating Optotech Corp's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Optotech Corp 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 Optotech Corp 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.
Opto Tech Corporation manufactures and sells semiconductor components in Taiwan, Mainland China, and internationally. Opto Tech Corporation was founded in 1983 and is headquartered in Hsinchu, Taiwan. OPTO TECH operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Optotech Corp performance evaluation
Checking the ongoing alerts about Optotech Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Optotech Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Optotech Corp generated a negative expected return over the last 90 days | |
| About 24.0% of the company shares are owned by insiders or employees |
- Analyzing Optotech Corp'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 Optotech Corp's stock is overvalued or undervalued compared to its peers.
- Examining Optotech Corp'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 Optotech Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Optotech Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Optotech Corp's stock. These opinions can provide insight into Optotech Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Optotech Stock Analysis
When running Optotech Corp's price analysis, check to measure Optotech Corp'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 Optotech Corp is operating at the current time. Most of Optotech Corp's value examination focuses on studying past and present price action to predict the probability of Optotech Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optotech Corp's price. Additionally, you may evaluate how the addition of Optotech Corp to your portfolios can decrease your overall portfolio volatility.