Meiloon Industrial (Taiwan) Performance
| 2477 Stock | TWD 26.40 1.55 5.55% |
The company secures a Beta (Market Risk) of -0.76, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Meiloon Industrial are expected to decrease at a much lower rate. During the bear market, Meiloon Industrial is likely to outperform the market. At this point, Meiloon Industrial has a negative expected return of -0.13%. Please make sure to verify Meiloon Industrial's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Meiloon Industrial 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 Meiloon Industrial Co 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 | 2 B | |
| Total Cashflows From Investing Activities | 1.6 B | |
| Free Cash Flow | -1.4 B |
Meiloon |
Meiloon Industrial Relative Risk vs. Return Landscape
If you would invest 2,985 in Meiloon Industrial Co on October 8, 2024 and sell it today you would lose (345.00) from holding Meiloon Industrial Co or give up 11.56% of portfolio value over 90 days. Meiloon Industrial Co is generating negative expected returns and assumes 3.7407% volatility on return distribution over the 90 days horizon. Simply put, 33% of stocks are less volatile than Meiloon, 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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Meiloon Industrial Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meiloon Industrial's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Meiloon Industrial Co, and traders can use it to determine the average amount a Meiloon Industrial'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 = -0.034
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| Negative Returns | 2477 |
Estimated Market Risk
| 3.74 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Meiloon Industrial 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 Meiloon Industrial by adding Meiloon Industrial to a well-diversified portfolio.
Meiloon Industrial Fundamentals Growth
Meiloon Stock prices reflect investors' perceptions of the future prospects and financial health of Meiloon Industrial, and Meiloon Industrial 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 Meiloon Stock performance.
| Return On Equity | 0.0259 | |||
| Return On Asset | 0.0042 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 200.7 M | |||
| Shares Outstanding | 126.86 M | |||
| Price To Earning | 13.18 X | |||
| Price To Book | 0.63 X | |||
| Price To Sales | 0.64 X | |||
| Revenue | 3.76 B | |||
| EBITDA | 2.74 B | |||
| Cash And Equivalents | 2.04 B | |||
| Cash Per Share | 10.31 X | |||
| Total Debt | 1.01 B | |||
| Debt To Equity | 16.90 % | |||
| Book Value Per Share | 26.34 X | |||
| Cash Flow From Operations | (883.68 M) | |||
| Earnings Per Share | 0.81 X | |||
| Total Asset | 9.05 B | |||
| Retained Earnings | 891 M | |||
| Current Asset | 3.2 B | |||
| Current Liabilities | 1.19 B | |||
About Meiloon Industrial Performance
Evaluating Meiloon Industrial's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Meiloon Industrial 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 Meiloon Industrial 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.
Meiloon Industrial Co., Ltd. operates as an ODMOEM manufacturer for audio systems and loudspeakers worldwide. The company was founded in 1973 and is based in Taoyuan City, Taiwan. MEILOON INDUSTRIAL operates under Consumer Electronics classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 2174 people.Things to note about Meiloon Industrial performance evaluation
Checking the ongoing alerts about Meiloon Industrial for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Meiloon Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Meiloon Industrial generated a negative expected return over the last 90 days | |
| Meiloon Industrial has high historical volatility and very poor performance | |
| Meiloon Industrial Co has accumulated about 2.04 B in cash with (883.68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.31. | |
| Roughly 52.0% of the company shares are owned by insiders or employees |
- Analyzing Meiloon Industrial'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 Meiloon Industrial's stock is overvalued or undervalued compared to its peers.
- Examining Meiloon Industrial'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 Meiloon Industrial's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Meiloon Industrial's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Meiloon Industrial's stock. These opinions can provide insight into Meiloon Industrial's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Meiloon Stock Analysis
When running Meiloon Industrial's price analysis, check to measure Meiloon Industrial'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 Meiloon Industrial is operating at the current time. Most of Meiloon Industrial's value examination focuses on studying past and present price action to predict the probability of Meiloon Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meiloon Industrial's price. Additionally, you may evaluate how the addition of Meiloon Industrial to your portfolios can decrease your overall portfolio volatility.