Gigasolar Materials (Taiwan) Performance
| 3691 Stock | TWD 83.10 1.40 1.66% |
The company retains a Market Volatility (i.e., Beta) of 0.3, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gigasolar Materials' returns are expected to increase less than the market. However, during the bear market, the loss of holding Gigasolar Materials is expected to be smaller as well. At this point, Gigasolar Materials has a negative expected return of -0.31%. Please make sure to check out Gigasolar Materials' market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Gigasolar Materials performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Gigasolar Materials 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 | 2.5 B | |
| Total Cashflows From Investing Activities | -572.2 M |
Gigasolar |
Gigasolar Materials Relative Risk vs. Return Landscape
If you would invest 10,200 in Gigasolar Materials on September 13, 2024 and sell it today you would lose (1,890) from holding Gigasolar Materials or give up 18.53% of portfolio value over 90 days. Gigasolar Materials is generating negative expected returns and assumes 2.0619% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than Gigasolar, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Gigasolar Materials Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gigasolar Materials' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Gigasolar Materials, and traders can use it to determine the average amount a Gigasolar Materials' 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 = -0.1498
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 3691 |
Estimated Market Risk
| 2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gigasolar Materials 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 Gigasolar Materials by adding Gigasolar Materials to a well-diversified portfolio.
Gigasolar Materials Fundamentals Growth
Gigasolar Stock prices reflect investors' perceptions of the future prospects and financial health of Gigasolar Materials, and Gigasolar Materials 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 Gigasolar Stock performance.
| Return On Equity | -0.0512 | |||
| Return On Asset | -0.0184 | |||
| Profit Margin | (0.06) % | |||
| Operating Margin | (0.06) % | |||
| Current Valuation | 10.13 B | |||
| Shares Outstanding | 91.13 M | |||
| Price To Book | 1.29 X | |||
| Price To Sales | 1.47 X | |||
| Revenue | 7.63 B | |||
| EBITDA | (53.26 M) | |||
| Cash And Equivalents | 3 B | |||
| Cash Per Share | 49.18 X | |||
| Total Debt | 1.98 B | |||
| Debt To Equity | 142.70 % | |||
| Book Value Per Share | 86.65 X | |||
| Cash Flow From Operations | 915.85 M | |||
| Earnings Per Share | (5.05) X | |||
| Total Asset | 12.39 B | |||
About Gigasolar Materials Performance
Evaluating Gigasolar Materials' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Gigasolar Materials 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 Gigasolar Materials 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.
Giga Solar Materials Corp. manufactures and sells PV conductive pastes in Asia, Europe, and the United States. Giga Solar Materials Corp. is a subsidiary of Gigastorage Corporation. GIGASOLAR MATERIALS operates under Solar classification in Taiwan and is traded on Taiwan OTC Exchange.Things to note about Gigasolar Materials performance evaluation
Checking the ongoing alerts about Gigasolar Materials for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Gigasolar Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Gigasolar Materials generated a negative expected return over the last 90 days | |
| Gigasolar Materials has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 7.63 B. Net Loss for the year was (375.46 M) with profit before overhead, payroll, taxes, and interest of 576.82 M. | |
| About 55.0% of the company shares are owned by insiders or employees |
- Analyzing Gigasolar Materials' 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 Gigasolar Materials' stock is overvalued or undervalued compared to its peers.
- Examining Gigasolar Materials' 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 Gigasolar Materials' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Gigasolar Materials' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Gigasolar Materials' stock. These opinions can provide insight into Gigasolar Materials' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Gigasolar Stock Analysis
When running Gigasolar Materials' price analysis, check to measure Gigasolar Materials' 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 Gigasolar Materials is operating at the current time. Most of Gigasolar Materials' value examination focuses on studying past and present price action to predict the probability of Gigasolar Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gigasolar Materials' price. Additionally, you may evaluate how the addition of Gigasolar Materials to your portfolios can decrease your overall portfolio volatility.