Shin Kong (Taiwan) Performance
| 2888A Stock | TWD 38.35 0.10 0.26% |
Shin Kong has a performance score of 31 on a scale of 0 to 100. The entity has a beta of 0.0616, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shin Kong's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shin Kong is expected to be smaller as well. Shin Kong Financial right now has a risk of 0.38%. Please validate Shin Kong coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Shin Kong will be following its existing price patterns.
Risk-Adjusted Performance
Very Strong
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Shin Kong Financial are ranked lower than 31 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively abnormal basic indicators, Shin Kong may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
| Price Earnings Ratio | 31.114 | |
| Dividend Yield | 0.0479 |
Shin |
Shin Kong Relative Risk vs. Return Landscape
If you would invest 3,530 in Shin Kong Financial on December 24, 2024 and sell it today you would earn a total of 305.00 from holding Shin Kong Financial or generate 8.64% return on investment over 90 days. Shin Kong Financial is generating 0.1488% of daily returns and assumes 0.3766% volatility on return distribution over the 90 days horizon. Simply put, 3% of stocks are less volatile than Shin, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Shin Kong Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shin Kong's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Shin Kong Financial, and traders can use it to determine the average amount a Shin Kong'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 = 0.3951
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| Cash | 2888A | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.38 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.15 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.4 actual daily | 31 69% of assets perform better |
Based on monthly moving average Shin Kong is performing at about 31% 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 Shin Kong by adding it to a well-diversified portfolio.
Shin Kong Fundamentals Growth
Shin Stock prices reflect investors' perceptions of the future prospects and financial health of Shin Kong, and Shin Kong 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 Shin Stock performance.
| Return On Equity | 0.0537 | |||
| Return On Asset | -0.0191 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | (0.83) % | |||
| Price To Earning | 39.56 X | |||
| Revenue | 173.82 B | |||
| EBITDA | (143.26 B) | |||
| Cash And Equivalents | 675.72 B | |||
| Cash Per Share | 51.90 X | |||
| Total Debt | 134.1 B | |||
| Debt To Equity | 0.54 % | |||
| Book Value Per Share | 11.18 X | |||
| Cash Flow From Operations | (50.2 B) | |||
| Earnings Per Share | 1.15 X | |||
About Shin Kong Performance
Assessing Shin Kong's fundamental ratios provides investors with valuable insights into Shin Kong's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Shin Kong is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Shin Kong Financial Holding Co., Ltd., through its subsidiaries, provides a range of financial products and services in Taipei and internationally. Shin Kong Financial Holding Co., Ltd. was founded in 2002 and is headquartered in Taipei City, Taiwan. SHIN KONG operates under InsuranceLife classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 17255 people.Things to note about Shin Kong Financial performance evaluation
Checking the ongoing alerts about Shin Kong for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Shin Kong Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Shin is showing solid risk-adjusted performance over 90 days | |
| Shin Kong Financial has accumulated about 675.72 B in cash with (50.2 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 51.9, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Shin Kong'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 Shin Kong's stock is overvalued or undervalued compared to its peers.
- Examining Shin Kong'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 Shin Kong's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Shin Kong's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Shin Kong's stock. These opinions can provide insight into Shin Kong's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Shin Stock Analysis
When running Shin Kong's price analysis, check to measure Shin Kong'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 Shin Kong is operating at the current time. Most of Shin Kong's value examination focuses on studying past and present price action to predict the probability of Shin Kong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shin Kong's price. Additionally, you may evaluate how the addition of Shin Kong to your portfolios can decrease your overall portfolio volatility.