Danen Technology (Taiwan) Performance
| 3686 Stock | TWD 20.30 0.35 1.69% |
The firm shows a Beta (market volatility) of 0.0881, which means not very significant fluctuations relative to the market. As returns on the market increase, Danen Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Danen Technology is expected to be smaller as well. At this point, Danen Technology Corp has a negative expected return of -0.22%. Please make sure to confirm Danen Technology's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Danen 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 Danen Technology Corp 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 | 52.3 M | |
| Total Cashflows From Investing Activities | 569.3 M |
Danen |
Danen Technology Relative Risk vs. Return Landscape
If you would invest 2,385 in Danen Technology Corp on September 13, 2024 and sell it today you would lose (355.00) from holding Danen Technology Corp or give up 14.88% of portfolio value over 90 days. Danen Technology Corp is generating negative expected returns and assumes 2.9192% volatility on return distribution over the 90 days horizon. Simply put, 25% of stocks are less volatile than Danen, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Danen Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Danen Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Danen Technology Corp, and traders can use it to determine the average amount a Danen 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 = -0.0748
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| Negative Returns | 3686 |
Estimated Market Risk
| 2.92 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Danen 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 Danen Technology by adding Danen Technology to a well-diversified portfolio.
Danen Technology Fundamentals Growth
Danen Stock prices reflect investors' perceptions of the future prospects and financial health of Danen Technology, and Danen 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 Danen Stock performance.
| Return On Equity | 0.0668 | |||
| Return On Asset | 0.0777 | |||
| Profit Margin | 0.42 % | |||
| Operating Margin | 0.89 % | |||
| Current Valuation | 483.24 M | |||
| Shares Outstanding | 76.5 M | |||
| Price To Earning | 0.68 X | |||
| Price To Book | 1.55 X | |||
| Price To Sales | 11.91 X | |||
| Revenue | 243.74 M | |||
| EBITDA | 14.81 M | |||
| Cash And Equivalents | 373.71 M | |||
| Cash Per Share | 1.07 X | |||
| Total Debt | 159.45 M | |||
| Debt To Equity | 14.50 % | |||
| Book Value Per Share | 9.69 X | |||
| Cash Flow From Operations | (43.88 M) | |||
| Earnings Per Share | 0.63 X | |||
| Total Asset | 801.46 M | |||
| Retained Earnings | (144 M) | |||
| Current Asset | 1.38 B | |||
| Current Liabilities | 345 M | |||
About Danen Technology Performance
Evaluating Danen Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Danen 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 Danen 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.
Danen Technology Corporation engages in the manufacture and sale of solar ingots and wafers for photovoltaic applications worldwide. The company was founded in 2007 and is headquartered in Taoyuan, Taiwan. DANEN TECHNOLOGY operates under Solar classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 63 people.Things to note about Danen Technology Corp performance evaluation
Checking the ongoing alerts about Danen Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Danen Technology Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Danen Technology generated a negative expected return over the last 90 days | |
| The company reported the revenue of 243.74 M. Net Loss for the year was (20.53 M) with profit before overhead, payroll, taxes, and interest of 133.25 M. | |
| Danen Technology Corp has accumulated about 373.71 M in cash with (43.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.07. | |
| Roughly 15.0% of the company shares are owned by insiders or employees |
- Analyzing Danen 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 Danen Technology's stock is overvalued or undervalued compared to its peers.
- Examining Danen 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 Danen Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Danen Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Danen Technology's stock. These opinions can provide insight into Danen Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Danen Stock Analysis
When running Danen Technology's price analysis, check to measure Danen 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 Danen Technology is operating at the current time. Most of Danen Technology's value examination focuses on studying past and present price action to predict the probability of Danen 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 Danen Technology's price. Additionally, you may evaluate how the addition of Danen Technology to your portfolios can decrease your overall portfolio volatility.