Radiant Opto (Taiwan) Performance
| 6176 Stock | TWD 181.50 0.50 0.28% |
The company holds a Beta of 0.0989, which implies not very significant fluctuations relative to the market. As returns on the market increase, Radiant Opto's returns are expected to increase less than the market. However, during the bear market, the loss of holding Radiant Opto is expected to be smaller as well. At this point, Radiant Opto Electro has a negative expected return of -0.13%. Please make sure to check Radiant Opto's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Radiant Opto Electro 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 Radiant Opto Electronics Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 21.7 B | |
| Total Cashflows From Investing Activities | -4.1 B | |
| Free Cash Flow | 7.6 B |
Radiant |
Radiant Opto Relative Risk vs. Return Landscape
If you would invest 19,550 in Radiant Opto Electronics Corp on December 25, 2024 and sell it today you would lose (1,400) from holding Radiant Opto Electronics Corp or give up 7.16% of portfolio value over 90 days. Radiant Opto Electronics Corp is generating negative expected returns and assumes 1.2058% volatility on return distribution over the 90 days horizon. Simply put, 10% of stocks are less volatile than Radiant, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Radiant Opto Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Radiant Opto's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Radiant Opto Electronics Corp, and traders can use it to determine the average amount a Radiant 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 = -0.106
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| Negative Returns | 6176 |
Estimated Market Risk
| 1.21 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Radiant Opto 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 Radiant Opto by adding Radiant Opto to a well-diversified portfolio.
Radiant Opto Fundamentals Growth
Radiant Stock prices reflect investors' perceptions of the future prospects and financial health of Radiant Opto, and Radiant 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 Radiant Stock performance.
| Return On Equity | 0.21 | |||
| Return On Asset | 0.0731 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 14.48 B | |||
| Shares Outstanding | 465.03 M | |||
| Price To Earning | 8.43 X | |||
| Price To Book | 1.45 X | |||
| Price To Sales | 0.85 X | |||
| Revenue | 56.92 B | |||
| EBITDA | 8.34 B | |||
| Cash And Equivalents | 25.48 B | |||
| Cash Per Share | 54.80 X | |||
| Total Debt | 9.69 B | |||
| Debt To Equity | 37.80 % | |||
| Book Value Per Share | 71.45 X | |||
| Cash Flow From Operations | 8.3 B | |||
| Earnings Per Share | 13.80 X | |||
| Total Asset | 67.35 B | |||
| Retained Earnings | 13.98 B | |||
| Current Asset | 39.32 B | |||
| Current Liabilities | 23.93 B | |||
About Radiant Opto Performance
Evaluating Radiant Opto's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Radiant 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 Radiant 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.
Radiant Opto-Electronics Corporation designs, manufactures, assembles, and markets backlight modules and light guide plates for liquid crystal display panels in Asia, Europe, and the United States. Radiant Opto-Electronics Corporation was founded in 1995 and is headquartered in Kaohsiung, Taiwan. RADIANT OPTO is traded on Taiwan Stock Exchange in Taiwan.Things to note about Radiant Opto Electro performance evaluation
Checking the ongoing alerts about Radiant Opto for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Radiant Opto Electro help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Radiant Opto Electro generated a negative expected return over the last 90 days |
- Analyzing Radiant 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 Radiant Opto's stock is overvalued or undervalued compared to its peers.
- Examining Radiant 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 Radiant Opto's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Radiant Opto's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Radiant Opto's stock. These opinions can provide insight into Radiant Opto's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Radiant Stock Analysis
When running Radiant Opto's price analysis, check to measure Radiant 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 Radiant Opto is operating at the current time. Most of Radiant Opto's value examination focuses on studying past and present price action to predict the probability of Radiant 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 Radiant Opto's price. Additionally, you may evaluate how the addition of Radiant Opto to your portfolios can decrease your overall portfolio volatility.