Kingstate Electronics (Taiwan) Performance
| 3206 Stock | TWD 43.90 0.10 0.23% |
Kingstate Electronics has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kingstate Electronics are expected to decrease at a much lower rate. During the bear market, Kingstate Electronics is likely to outperform the market. Kingstate Electronics right now secures a risk of 0.8%. Please verify Kingstate Electronics information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Kingstate Electronics will be following its current price movements.
Risk-Adjusted Performance
Insignificant
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Compared to the overall equity markets, risk-adjusted returns on investments in Kingstate Electronics are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, Kingstate Electronics 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 | 278.6 M | |
| Total Cashflows From Investing Activities | -59.1 M |
Kingstate |
Kingstate Electronics Relative Risk vs. Return Landscape
If you would invest 4,290 in Kingstate Electronics on December 5, 2024 and sell it today you would earn a total of 100.00 from holding Kingstate Electronics or generate 2.33% return on investment over 90 days. Kingstate Electronics is generating 0.0451% of daily returns and assumes 0.8013% volatility on return distribution over the 90 days horizon. Simply put, 7% of stocks are less volatile than Kingstate, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Kingstate Electronics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kingstate Electronics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Kingstate Electronics, and traders can use it to determine the average amount a Kingstate Electronics' 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 = 0.0562
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| Negative Returns | 3206 |
Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Kingstate Electronics is performing at about 4% 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 Kingstate Electronics by adding it to a well-diversified portfolio.
Kingstate Electronics Fundamentals Growth
Kingstate Stock prices reflect investors' perceptions of the future prospects and financial health of Kingstate Electronics, and Kingstate Electronics 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 Kingstate Stock performance.
| Return On Equity | 0.18 | |||
| Return On Asset | 0.0475 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 1.36 B | |||
| Shares Outstanding | 58.92 M | |||
| Price To Earning | 9.51 X | |||
| Price To Book | 1.35 X | |||
| Price To Sales | 0.40 X | |||
| Revenue | 4.26 B | |||
| EBITDA | 243.91 M | |||
| Cash And Equivalents | 472 M | |||
| Cash Per Share | 8.75 X | |||
| Total Debt | 11.74 M | |||
| Debt To Equity | 0.28 % | |||
| Book Value Per Share | 21.93 X | |||
| Cash Flow From Operations | 68.01 M | |||
| Earnings Per Share | 3.45 X | |||
| Total Asset | 2.87 B | |||
About Kingstate Electronics Performance
Evaluating Kingstate Electronics' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Kingstate Electronics 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 Kingstate Electronics 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.
Kingstate Electronics Corp. manufactures and sells acoustic products in Taiwan and internationally. Kingstate Electronics Corp. was founded in 1977 and is headquartered in New Taipei City, Taiwan. KINGSTATE ELECTRONICS operates under Electronic Components classification in Taiwan and is traded on Taiwan OTC Exchange.Things to note about Kingstate Electronics performance evaluation
Checking the ongoing alerts about Kingstate Electronics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Kingstate Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 35.0% of the company shares are owned by insiders or employees |
- Analyzing Kingstate Electronics' 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 Kingstate Electronics' stock is overvalued or undervalued compared to its peers.
- Examining Kingstate Electronics' 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 Kingstate Electronics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Kingstate Electronics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Kingstate Electronics' stock. These opinions can provide insight into Kingstate Electronics' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Kingstate Stock Analysis
When running Kingstate Electronics' price analysis, check to measure Kingstate Electronics' 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 Kingstate Electronics is operating at the current time. Most of Kingstate Electronics' value examination focuses on studying past and present price action to predict the probability of Kingstate Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kingstate Electronics' price. Additionally, you may evaluate how the addition of Kingstate Electronics to your portfolios can decrease your overall portfolio volatility.