Edison Opto (Taiwan) Performance
| 3591 Stock | TWD 26.40 0.60 2.22% |
Edison Opto has a performance score of 5 on a scale of 0 to 100. 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, returns on owning Edison Opto are expected to decrease at a much lower rate. During the bear market, Edison Opto is likely to outperform the market. Edison Opto Corp right now shows a risk of 2.47%. Please confirm Edison Opto Corp downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Edison Opto Corp will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Edison Opto Corp are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Edison Opto may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| Begin Period Cash Flow | 1.2 B | |
| Total Cashflows From Investing Activities | -515.8 M |
Edison |
Edison Opto Relative Risk vs. Return Landscape
If you would invest 2,415 in Edison Opto Corp on September 15, 2024 and sell it today you would earn a total of 225.00 from holding Edison Opto Corp or generate 9.32% return on investment over 90 days. Edison Opto Corp is generating 0.1706% of daily returns and assumes 2.465% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than Edison, and 97% 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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Edison Opto Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Edison Opto's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Edison Opto Corp, and traders can use it to determine the average amount a Edison Opto'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 = 0.0692
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| Small Returns | 3591 | |||
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Estimated Market Risk
| 2.47 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Edison Opto is performing at about 5% 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 Edison Opto by adding it to a well-diversified portfolio.
Edison Opto Fundamentals Growth
Edison Stock prices reflect investors' perceptions of the future prospects and financial health of Edison Opto, and Edison Opto 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 Edison Stock performance.
| Return On Equity | 0.0326 | |||
| Return On Asset | 0.0112 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 1.52 B | |||
| Shares Outstanding | 124.36 M | |||
| Price To Earning | 47.14 X | |||
| Price To Book | 0.79 X | |||
| Price To Sales | 1.08 X | |||
| Revenue | 2.11 B | |||
| EBITDA | 287.24 M | |||
| Cash And Equivalents | 1.11 B | |||
| Cash Per Share | 8.44 X | |||
| Total Debt | 454.37 M | |||
| Debt To Equity | 0.18 % | |||
| Book Value Per Share | 20.55 X | |||
| Cash Flow From Operations | 127 M | |||
| Earnings Per Share | 0.57 X | |||
| Total Asset | 4.05 B | |||
| Retained Earnings | (85 M) | |||
| Current Asset | 2.5 B | |||
| Current Liabilities | 1.47 B | |||
About Edison Opto Performance
Evaluating Edison Opto's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Edison Opto 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 Edison Opto 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.
Edison Opto Corporation designs, manufactures, and sells LED lighting products in Taiwan and internationally. The company was incorporated in 2001 and is headquartered in New Taipei City, Taiwan. EDISON OPTO operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Edison Opto Corp performance evaluation
Checking the ongoing alerts about Edison Opto for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Edison Opto Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 39.0% of the company shares are owned by insiders or employees |
- Analyzing Edison Opto'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 Edison Opto's stock is overvalued or undervalued compared to its peers.
- Examining Edison Opto'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 Edison Opto's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Edison Opto's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Edison Opto's stock. These opinions can provide insight into Edison Opto's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Edison Stock Analysis
When running Edison Opto's price analysis, check to measure Edison Opto'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 Edison Opto is operating at the current time. Most of Edison Opto's value examination focuses on studying past and present price action to predict the probability of Edison Opto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edison Opto's price. Additionally, you may evaluate how the addition of Edison Opto to your portfolios can decrease your overall portfolio volatility.