Alltek Technology (Taiwan) Performance
| 3209 Stock | TWD 34.30 0.35 1.01% |
The firm shows a Beta (market volatility) of -0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Alltek Technology are expected to decrease at a much lower rate. During the bear market, Alltek Technology is likely to outperform the market. At this point, Alltek Technology Corp has a negative expected return of -0.13%. Please make sure to confirm Alltek Technology's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Alltek Technology Corp 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 Alltek Technology Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 708.4 M | |
| Total Cashflows From Investing Activities | -380.6 M |
Alltek |
Alltek Technology Relative Risk vs. Return Landscape
If you would invest 3,820 in Alltek Technology Corp on October 7, 2024 and sell it today you would lose (390.00) from holding Alltek Technology Corp or give up 10.21% of portfolio value over 90 days. Alltek Technology Corp is generating negative expected returns and assumes 2.6886% volatility on return distribution over the 90 days horizon. Simply put, 23% of stocks are less volatile than Alltek, 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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Alltek Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alltek Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Alltek Technology Corp, and traders can use it to determine the average amount a Alltek 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 = -0.0494
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| Negative Returns | 3209 |
Estimated Market Risk
| 2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alltek 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 Alltek Technology by adding Alltek Technology to a well-diversified portfolio.
Alltek Technology Fundamentals Growth
Alltek Stock prices reflect investors' perceptions of the future prospects and financial health of Alltek Technology, and Alltek 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 Alltek Stock performance.
| Return On Equity | 0.26 | |||
| Return On Asset | 0.0374 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 11.04 B | |||
| Shares Outstanding | 216.58 M | |||
| Price To Earning | 13.90 X | |||
| Price To Book | 2.07 X | |||
| Price To Sales | 0.14 X | |||
| Revenue | 47.13 B | |||
| EBITDA | 1.16 B | |||
| Cash And Equivalents | 838.68 M | |||
| Cash Per Share | 3.87 X | |||
| Total Debt | 186.82 M | |||
| Debt To Equity | 1.39 % | |||
| Book Value Per Share | 20.32 X | |||
| Cash Flow From Operations | (293.73 M) | |||
| Earnings Per Share | 5.05 X | |||
| Total Asset | 15.78 B | |||
| Retained Earnings | 471 M | |||
| Current Asset | 9.67 B | |||
| Current Liabilities | 7.79 B | |||
About Alltek Technology Performance
Evaluating Alltek Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Alltek 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 Alltek 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.
Alltek Technology Corporation operates as a communication components distributor and solution provider in Taiwan and internationally. Alltek Technology Corporation was founded in 1991 and is based in Taipei, Taiwan. ALLTEK TECHNOLOGY operates under Communication Equipment classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Alltek Technology Corp performance evaluation
Checking the ongoing alerts about Alltek Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Alltek Technology Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Alltek Technology generated a negative expected return over the last 90 days | |
| Alltek Technology Corp has accumulated about 838.68 M in cash with (293.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.87. | |
| Roughly 19.0% of the company shares are owned by insiders or employees |
- Analyzing Alltek 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 Alltek Technology's stock is overvalued or undervalued compared to its peers.
- Examining Alltek 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 Alltek Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alltek Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Alltek Technology's stock. These opinions can provide insight into Alltek Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Alltek Stock Analysis
When running Alltek Technology's price analysis, check to measure Alltek 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 Alltek Technology is operating at the current time. Most of Alltek Technology's value examination focuses on studying past and present price action to predict the probability of Alltek 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 Alltek Technology's price. Additionally, you may evaluate how the addition of Alltek Technology to your portfolios can decrease your overall portfolio volatility.