New Asia (Taiwan) Performance
| 2516 Stock | TWD 24.25 0.45 1.89% |
New Asia holds a performance score of 22 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.28, which conveys not very significant fluctuations relative to the market. As returns on the market increase, New Asia's returns are expected to increase less than the market. However, during the bear market, the loss of holding New Asia is expected to be smaller as well. Use New Asia Construction jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to analyze future returns on New Asia Construction.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in New Asia Construction are ranked lower than 22 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, New Asia showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.5 B | |
| Total Cashflows From Investing Activities | 552.5 M |
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New Asia Relative Risk vs. Return Landscape
If you would invest 1,240 in New Asia Construction on December 23, 2024 and sell it today you would earn a total of 1,185 from holding New Asia Construction or generate 95.56% return on investment over 90 days. New Asia Construction is generating 1.2794% of daily returns and assumes 4.4334% volatility on return distribution over the 90 days horizon. Simply put, 39% of stocks are less volatile than New, and 75% 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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New Asia Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Asia's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as New Asia Construction, and traders can use it to determine the average amount a New Asia'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 = 0.2886
| Best Portfolio | Best Equity | |||
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| Small Returns | 2516 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.43 actual daily | 39 61% of assets are more volatile |
Expected Return
| 1.28 actual daily | 25 75% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average New Asia is performing at about 22% 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 New Asia by adding it to a well-diversified portfolio.
New Asia Fundamentals Growth
New Stock prices reflect investors' perceptions of the future prospects and financial health of New Asia, and New Asia 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 New Stock performance.
| Return On Equity | -0.18 | |||
| Return On Asset | -0.0332 | |||
| Profit Margin | (0.04) % | |||
| Operating Margin | (0.05) % | |||
| Current Valuation | 725.13 M | |||
| Shares Outstanding | 226.28 M | |||
| Price To Earning | 24.44 X | |||
| Price To Book | 0.75 X | |||
| Price To Sales | 0.16 X | |||
| Revenue | 8.04 B | |||
| EBITDA | 184.16 M | |||
| Cash And Equivalents | 1.31 B | |||
| Cash Per Share | 5.78 X | |||
| Total Debt | 1.35 B | |||
| Debt To Equity | 0.77 % | |||
| Book Value Per Share | 6.82 X | |||
| Cash Flow From Operations | (643.06 M) | |||
| Earnings Per Share | 0.36 X | |||
| Total Asset | 6.02 B | |||
| Retained Earnings | 669 M | |||
| Current Asset | 7.26 B | |||
| Current Liabilities | 6.64 B | |||
About New Asia Performance
Evaluating New Asia's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if New Asia 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 New Asia 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.
New Asia Construction Development Corp. provides public construction services for governments in Taiwan. New Asia Construction Development Corp. is a subsidiary of Gamuda Berhad. NEW ASIA is traded on Taiwan Stock Exchange in Taiwan.Things to note about New Asia Construction performance evaluation
Checking the ongoing alerts about New Asia for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for New Asia Construction help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| New Asia appears to be risky and price may revert if volatility continues | |
| New Asia Construction has accumulated about 1.31 B in cash with (643.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.78. | |
| Roughly 26.0% of the company shares are owned by insiders or employees |
- Analyzing New Asia'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 New Asia's stock is overvalued or undervalued compared to its peers.
- Examining New Asia'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 New Asia's management team can have a significant impact on its success or failure. Reviewing the track record and experience of New Asia's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of New Asia's stock. These opinions can provide insight into New Asia's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for New Stock Analysis
When running New Asia's price analysis, check to measure New Asia'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 New Asia is operating at the current time. Most of New Asia's value examination focuses on studying past and present price action to predict the probability of New Asia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Asia's price. Additionally, you may evaluate how the addition of New Asia to your portfolios can decrease your overall portfolio volatility.