Formosa Optical (Taiwan) Performance
| 5312 Stock | TWD 108.50 0.50 0.46% |
Formosa Optical has a performance score of 11 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Formosa Optical are expected to decrease at a much lower rate. During the bear market, Formosa Optical is likely to outperform the market. Formosa Optical Tech right now shows a risk of 0.93%. Please confirm Formosa Optical Tech coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Formosa Optical Tech will be following its price patterns.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Formosa Optical Technology are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Formosa Optical may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| Begin Period Cash Flow | 201.8 M | |
| Total Cashflows From Investing Activities | -280.5 M |
Formosa |
Formosa Optical Relative Risk vs. Return Landscape
If you would invest 10,000 in Formosa Optical Technology on September 24, 2024 and sell it today you would earn a total of 850.00 from holding Formosa Optical Technology or generate 8.5% return on investment over 90 days. Formosa Optical Technology is generating 0.1318% of daily returns and assumes 0.9326% volatility on return distribution over the 90 days horizon. Simply put, 8% of stocks are less volatile than Formosa, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Formosa Optical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Formosa Optical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Formosa Optical Technology, and traders can use it to determine the average amount a Formosa Optical'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 = 0.1413
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | 5312 | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Formosa Optical is performing at about 11% 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 Formosa Optical by adding it to a well-diversified portfolio.
Formosa Optical Fundamentals Growth
Formosa Stock prices reflect investors' perceptions of the future prospects and financial health of Formosa Optical, and Formosa Optical 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 Formosa Stock performance.
| Return On Equity | 0.1 | |||
| Return On Asset | 0.0239 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 3.28 B | |||
| Shares Outstanding | 60.06 M | |||
| Price To Book | 1.36 X | |||
| Price To Sales | 1.04 X | |||
| Revenue | 2.91 B | |||
| EBITDA | 819 M | |||
| Total Debt | 423.85 M | |||
| Book Value Per Share | 42.30 X | |||
| Cash Flow From Operations | 677.86 M | |||
| Earnings Per Share | 4.28 X | |||
| Total Asset | 5.73 B | |||
About Formosa Optical Performance
Evaluating Formosa Optical's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Formosa Optical 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 Formosa Optical 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.
Things to note about Formosa Optical Tech performance evaluation
Checking the ongoing alerts about Formosa Optical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Formosa Optical Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 47.0% of the company shares are owned by insiders or employees |
- Analyzing Formosa Optical'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 Formosa Optical's stock is overvalued or undervalued compared to its peers.
- Examining Formosa Optical'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 Formosa Optical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Formosa Optical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Formosa Optical's stock. These opinions can provide insight into Formosa Optical's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Formosa Stock Analysis
When running Formosa Optical's price analysis, check to measure Formosa Optical'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 Formosa Optical is operating at the current time. Most of Formosa Optical's value examination focuses on studying past and present price action to predict the probability of Formosa Optical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Optical's price. Additionally, you may evaluate how the addition of Formosa Optical to your portfolios can decrease your overall portfolio volatility.