Highlight Tech (Taiwan) Performance
| 6208 Stock | TWD 54.40 1.10 1.98% |
Highlight Tech has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Highlight Tech's returns are expected to increase less than the market. However, during the bear market, the loss of holding Highlight Tech is expected to be smaller as well. Highlight Tech right now retains a risk of 3.88%. Please check out Highlight Tech semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Highlight Tech will be following its current trending patterns.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Highlight Tech are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Highlight Tech may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| Begin Period Cash Flow | 474.7 M | |
| Total Cashflows From Investing Activities | -183.4 M |
Highlight |
Highlight Tech Relative Risk vs. Return Landscape
If you would invest 5,110 in Highlight Tech on September 12, 2024 and sell it today you would earn a total of 330.00 from holding Highlight Tech or generate 6.46% return on investment over 90 days. Highlight Tech is generating 0.1642% of daily returns and assumes 3.8776% volatility on return distribution over the 90 days horizon. Simply put, 34% of stocks are less volatile than Highlight, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Highlight Tech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Highlight Tech's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Highlight Tech, and traders can use it to determine the average amount a Highlight Tech'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 = 0.0423
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 6208 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.88 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Highlight Tech is performing at about 3% 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 Highlight Tech by adding it to a well-diversified portfolio.
Highlight Tech Fundamentals Growth
Highlight Stock prices reflect investors' perceptions of the future prospects and financial health of Highlight Tech, and Highlight Tech 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 Highlight Stock performance.
| Return On Equity | 0.16 | |||
| Return On Asset | 0.0596 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.15 % | |||
| Current Valuation | 6.67 B | |||
| Shares Outstanding | 118.2 M | |||
| Price To Book | 2.14 X | |||
| Price To Sales | 1.56 X | |||
| Revenue | 3.31 B | |||
| EBITDA | 678.64 M | |||
| Total Debt | 609.63 M | |||
| Book Value Per Share | 23.28 X | |||
| Cash Flow From Operations | 575.66 M | |||
| Earnings Per Share | 3.62 X | |||
| Total Asset | 5.81 B | |||
About Highlight Tech Performance
Evaluating Highlight Tech's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Highlight Tech 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 Highlight Tech 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 Highlight Tech performance evaluation
Checking the ongoing alerts about Highlight Tech for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Highlight Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Highlight Tech had very high historical volatility over the last 90 days | |
| About 26.0% of the company shares are owned by insiders or employees |
- Analyzing Highlight Tech'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 Highlight Tech's stock is overvalued or undervalued compared to its peers.
- Examining Highlight Tech'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 Highlight Tech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Highlight Tech's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Highlight Tech's stock. These opinions can provide insight into Highlight Tech's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Highlight Stock Analysis
When running Highlight Tech's price analysis, check to measure Highlight Tech'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 Highlight Tech is operating at the current time. Most of Highlight Tech's value examination focuses on studying past and present price action to predict the probability of Highlight Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Highlight Tech's price. Additionally, you may evaluate how the addition of Highlight Tech to your portfolios can decrease your overall portfolio volatility.