Weikeng Industrial (Taiwan) Performance
| 3033 Stock | TWD 33.75 0.40 1.17% |
The firm maintains a market beta of 0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Weikeng Industrial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Weikeng Industrial is expected to be smaller as well. At this point, Weikeng Industrial has a negative expected return of -0.0315%. Please make sure to check out Weikeng Industrial's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if Weikeng 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 Weikeng Industrial Co has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Weikeng Industrial is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 2.5 B | |
| Total Cashflows From Investing Activities | -11.8 M |
Weikeng |
Weikeng Industrial Relative Risk vs. Return Landscape
If you would invest 3,455 in Weikeng Industrial Co on September 16, 2024 and sell it today you would lose (80.00) from holding Weikeng Industrial Co or give up 2.32% of portfolio value over 90 days. Weikeng Industrial Co is generating negative expected returns and assumes 1.0148% volatility on return distribution over the 90 days horizon. Simply put, 9% of stocks are less volatile than Weikeng, 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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Weikeng Industrial Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Weikeng Industrial's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Weikeng Industrial Co, and traders can use it to determine the average amount a Weikeng 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 = -0.0311
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| Negative Returns | 3033 |
Estimated Market Risk
| 1.01 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.03 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 Weikeng 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 Weikeng Industrial by adding Weikeng Industrial to a well-diversified portfolio.
Weikeng Industrial Fundamentals Growth
Weikeng Stock prices reflect investors' perceptions of the future prospects and financial health of Weikeng Industrial, and Weikeng 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 Weikeng Stock performance.
| Return On Equity | 0.23 | |||
| Return On Asset | 0.0548 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 26.72 B | |||
| Shares Outstanding | 423.54 M | |||
| Price To Earning | 13.85 X | |||
| Price To Book | 1.25 X | |||
| Price To Sales | 0.16 X | |||
| Revenue | 72.4 B | |||
| EBITDA | 2.8 B | |||
| Cash And Equivalents | 1.66 B | |||
| Cash Per Share | 4.80 X | |||
| Total Debt | 126.34 M | |||
| Debt To Equity | 196.80 % | |||
| Book Value Per Share | 21.55 X | |||
| Cash Flow From Operations | (708.66 M) | |||
| Earnings Per Share | 4.20 X | |||
| Total Asset | 27.54 B | |||
| Retained Earnings | 999 M | |||
| Current Asset | 17.59 B | |||
| Current Liabilities | 12.31 B | |||
About Weikeng Industrial Performance
Evaluating Weikeng Industrial's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Weikeng 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 Weikeng 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.
Weikeng Industrial Co., Ltd. distributes electronic components and peripherals for computing, communications, consumer, automotive, and industrial applications in Taiwan. Weikeng Industrial Co., Ltd. was founded in 1977 and is headquartered in Taipei, Taiwan. WEIKENG INDUSTRIAL operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Weikeng Industrial performance evaluation
Checking the ongoing alerts about Weikeng Industrial for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Weikeng Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Weikeng Industrial generated a negative expected return over the last 90 days | |
| Weikeng Industrial has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Weikeng Industrial Co has accumulated about 1.66 B in cash with (708.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.8. | |
| Roughly 17.0% of the company shares are owned by insiders or employees |
- Analyzing Weikeng 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 Weikeng Industrial's stock is overvalued or undervalued compared to its peers.
- Examining Weikeng 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 Weikeng Industrial's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Weikeng Industrial's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Weikeng Industrial's stock. These opinions can provide insight into Weikeng Industrial's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Weikeng Stock Analysis
When running Weikeng Industrial's price analysis, check to measure Weikeng 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 Weikeng Industrial is operating at the current time. Most of Weikeng Industrial's value examination focuses on studying past and present price action to predict the probability of Weikeng 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 Weikeng Industrial's price. Additionally, you may evaluate how the addition of Weikeng Industrial to your portfolios can decrease your overall portfolio volatility.