Edom Technology (Taiwan) Performance
| 3048 Stock | TWD 31.80 0.25 0.79% |
The firm shows a Beta (market volatility) of 0.41, which means possible diversification benefits within a given portfolio. As returns on the market increase, Edom Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Edom Technology is expected to be smaller as well. At this point, Edom Technology has a negative expected return of -0.37%. Please make sure to confirm Edom Technology's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Edom Technology 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 Edom Technology Co 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 | 1.6 B | |
| Total Cashflows From Investing Activities | -142.2 M |
Edom |
Edom Technology Relative Risk vs. Return Landscape
If you would invest 4,085 in Edom Technology Co on September 5, 2024 and sell it today you would lose (905.00) from holding Edom Technology Co or give up 22.15% of portfolio value over 90 days. Edom Technology Co is generating negative expected returns and assumes 2.738% volatility on return distribution over the 90 days horizon. Simply put, 24% of stocks are less volatile than Edom, 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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Edom Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Edom Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Edom Technology Co, and traders can use it to determine the average amount a Edom Technology'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 = -0.1335
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| Negative Returns | 3048 |
Estimated Market Risk
| 2.74 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Edom Technology 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 Edom Technology by adding Edom Technology to a well-diversified portfolio.
Edom Technology Fundamentals Growth
Edom Stock prices reflect investors' perceptions of the future prospects and financial health of Edom Technology, and Edom Technology 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 Edom Stock performance.
| Return On Equity | 0.23 | |||
| Return On Asset | 0.0372 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 19.63 B | |||
| Shares Outstanding | 269.83 M | |||
| Price To Earning | 13.95 X | |||
| Price To Book | 1.33 X | |||
| Price To Sales | 0.06 X | |||
| Revenue | 108.24 B | |||
| EBITDA | 1.78 B | |||
| Cash And Equivalents | 1.28 B | |||
| Cash Per Share | 5.74 X | |||
| Total Debt | 733.27 M | |||
| Debt To Equity | 161.10 % | |||
| Book Value Per Share | 20.88 X | |||
| Cash Flow From Operations | (330.46 M) | |||
| Earnings Per Share | 4.16 X | |||
| Total Asset | 26.76 B | |||
| Retained Earnings | 569 M | |||
| Current Asset | 11.92 B | |||
| Current Liabilities | 8.81 B | |||
About Edom Technology Performance
Evaluating Edom Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Edom Technology 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 Edom Technology 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.
EDOM Technology Co., Ltd. engages in the distribution of electronic parts, computer hardware, software, and equipment in Taiwan and internationally. EDOM Technology Co., Ltd. was founded in 1996 and is headquartered in Taipei, Taiwan. EDOM TECHNOLOGY operates under Electronics Distribution classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Edom Technology performance evaluation
Checking the ongoing alerts about Edom Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Edom Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Edom Technology generated a negative expected return over the last 90 days | |
| Edom Technology has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Edom Technology Co has accumulated about 1.28 B in cash with (330.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.74. | |
| Roughly 38.0% of the company shares are owned by insiders or employees |
- Analyzing Edom Technology'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 Edom Technology's stock is overvalued or undervalued compared to its peers.
- Examining Edom Technology'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 Edom Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Edom Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Edom Technology's stock. These opinions can provide insight into Edom Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Edom Stock Analysis
When running Edom Technology's price analysis, check to measure Edom Technology'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 Edom Technology is operating at the current time. Most of Edom Technology's value examination focuses on studying past and present price action to predict the probability of Edom Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edom Technology's price. Additionally, you may evaluate how the addition of Edom Technology to your portfolios can decrease your overall portfolio volatility.