MiTAC Holdings (Taiwan) Performance
| 3706 Stock | TWD 70.30 0.40 0.57% |
The company secures a Beta (Market Risk) of -0.45, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning MiTAC Holdings are expected to decrease at a much lower rate. During the bear market, MiTAC Holdings is likely to outperform the market. At this point, MiTAC Holdings Corp has a negative expected return of -0.35%. Please make sure to verify MiTAC Holdings' standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if MiTAC Holdings Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days MiTAC Holdings 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 April 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 5.8 B | |
| Total Cashflows From Investing Activities | 574.1 M |
MiTAC |
MiTAC Holdings Relative Risk vs. Return Landscape
If you would invest 8,750 in MiTAC Holdings Corp on December 3, 2024 and sell it today you would lose (1,720) from holding MiTAC Holdings Corp or give up 19.66% of portfolio value over 90 days. MiTAC Holdings Corp is generating negative expected returns and assumes 2.8895% volatility on return distribution over the 90 days horizon. Simply put, 25% of stocks are less volatile than MiTAC, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
MiTAC Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MiTAC Holdings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as MiTAC Holdings Corp, and traders can use it to determine the average amount a MiTAC Holdings' 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 = -0.121
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 3706 |
Estimated Market Risk
| 2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MiTAC Holdings 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 MiTAC Holdings by adding MiTAC Holdings to a well-diversified portfolio.
MiTAC Holdings Fundamentals Growth
MiTAC Stock prices reflect investors' perceptions of the future prospects and financial health of MiTAC Holdings, and MiTAC Holdings 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 MiTAC Stock performance.
| Return On Equity | 0.19 | |||
| Return On Asset | 0.0021 | |||
| Profit Margin | 0.23 % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 31.23 B | |||
| Shares Outstanding | 1.2 B | |||
| Price To Earning | 12.60 X | |||
| Price To Book | 0.63 X | |||
| Price To Sales | 0.79 X | |||
| Revenue | 42.19 B | |||
| EBITDA | 19.77 B | |||
| Cash And Equivalents | 6.67 B | |||
| Cash Per Share | 7.23 X | |||
| Total Debt | 643.15 M | |||
| Debt To Equity | 4.60 % | |||
| Book Value Per Share | 47.40 X | |||
| Cash Flow From Operations | (144.68 M) | |||
| Earnings Per Share | 8.49 X | |||
| Total Asset | 76.35 B | |||
| Retained Earnings | 1.26 B | |||
| Current Asset | 23.84 B | |||
| Current Liabilities | 14.12 B | |||
About MiTAC Holdings Performance
Evaluating MiTAC Holdings' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if MiTAC Holdings 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 MiTAC Holdings 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.
MiTAC Holdings Corporation, through its subsidiaries, designs, develops, manufactures, and distributes computers and ancillary equipment, and communication related products. MiTAC Holdings Corporation was founded in 1982 and is headquartered in Taoyuan City, Taiwan. MITAC HOLDINGS is traded on Taiwan Stock Exchange in Taiwan.Things to note about MiTAC Holdings Corp performance evaluation
Checking the ongoing alerts about MiTAC Holdings for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for MiTAC Holdings Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| MiTAC Holdings Corp generated a negative expected return over the last 90 days | |
| MiTAC Holdings Corp has accumulated about 6.67 B in cash with (144.68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.23. | |
| Roughly 31.0% of the company shares are owned by insiders or employees |
- Analyzing MiTAC Holdings' 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 MiTAC Holdings' stock is overvalued or undervalued compared to its peers.
- Examining MiTAC Holdings' 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 MiTAC Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of MiTAC Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MiTAC Holdings' stock. These opinions can provide insight into MiTAC Holdings' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for MiTAC Stock Analysis
When running MiTAC Holdings' price analysis, check to measure MiTAC Holdings' 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 MiTAC Holdings is operating at the current time. Most of MiTAC Holdings' value examination focuses on studying past and present price action to predict the probability of MiTAC Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MiTAC Holdings' price. Additionally, you may evaluate how the addition of MiTAC Holdings to your portfolios can decrease your overall portfolio volatility.