Sung Gang (Taiwan) Performance
| 6240 Stock | TWD 20.35 0.75 3.55% |
The entity has a beta of 0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sung Gang's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sung Gang is expected to be smaller as well. At this point, Sung Gang Asset has a negative expected return of -0.16%. Please make sure to validate Sung Gang's standard deviation, information ratio, total risk alpha, as well as the relationship between the variance and jensen alpha , to decide if Sung Gang Asset performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Sung Gang Asset 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 | 135.3 M | |
| Total Cashflows From Investing Activities | -99.7 M |
Sung |
Sung Gang Relative Risk vs. Return Landscape
If you would invest 2,325 in Sung Gang Asset on October 6, 2024 and sell it today you would lose (290.00) from holding Sung Gang Asset or give up 12.47% of portfolio value over 90 days. Sung Gang Asset is generating negative expected returns and assumes 3.2666% volatility on return distribution over the 90 days horizon. Simply put, 29% of stocks are less volatile than Sung, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Sung Gang Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sung Gang's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sung Gang Asset, and traders can use it to determine the average amount a Sung Gang'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 = -0.0477
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| Negative Returns | 6240 |
Estimated Market Risk
| 3.27 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sung Gang 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 Sung Gang by adding Sung Gang to a well-diversified portfolio.
Sung Gang Fundamentals Growth
Sung Stock prices reflect investors' perceptions of the future prospects and financial health of Sung Gang, and Sung Gang 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 Sung Stock performance.
| Return On Equity | 0.1 | |||
| Return On Asset | -0.004 | |||
| Profit Margin | 2.88 % | |||
| Operating Margin | (0.51) % | |||
| Current Valuation | 571.78 M | |||
| Shares Outstanding | 22.87 M | |||
| Price To Earning | 7.57 X | |||
| Price To Book | 1.10 X | |||
| Price To Sales | 32.38 X | |||
| Revenue | 13.07 M | |||
| EBITDA | 29.7 M | |||
| Cash And Equivalents | 186.03 M | |||
| Cash Per Share | 8.08 X | |||
| Total Debt | 67.17 M | |||
| Debt To Equity | 66.60 % | |||
| Book Value Per Share | 16.46 X | |||
| Cash Flow From Operations | (3.74 M) | |||
| Earnings Per Share | 1.59 X | |||
| Total Asset | 1.02 B | |||
About Sung Gang Performance
Evaluating Sung Gang's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Sung Gang 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 Sung Gang 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.
Sung Gang Asset Management Corp.Limited primarily provides various IT books in Taiwan. The company was founded in 1997 and is headquartered in Taipei City, Taiwan. SUNG GANG operates under Publishing classification in Taiwan and is traded on Taiwan OTC Exchange.Things to note about Sung Gang Asset performance evaluation
Checking the ongoing alerts about Sung Gang for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sung Gang Asset help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sung Gang Asset generated a negative expected return over the last 90 days | |
| Sung Gang Asset has high historical volatility and very poor performance | |
| The company has NT$67.17 Million in debt which may indicate that it relies heavily on debt financing | |
| Sung Gang Asset has accumulated 67.17 M in total debt with debt to equity ratio (D/E) of 66.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Sung Gang Asset has a current ratio of 0.49, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Sung Gang until it has trouble settling it off, either with new capital or with free cash flow. So, Sung Gang's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sung Gang Asset sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sung to invest in growth at high rates of return. When we think about Sung Gang's use of debt, we should always consider it together with cash and equity. | |
| Sung Gang Asset has accumulated about 186.03 M in cash with (3.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.08. | |
| Roughly 80.0% of Sung Gang shares are owned by insiders or employees |
- Analyzing Sung Gang'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 Sung Gang's stock is overvalued or undervalued compared to its peers.
- Examining Sung Gang'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 Sung Gang's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sung Gang's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sung Gang's stock. These opinions can provide insight into Sung Gang's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Sung Stock Analysis
When running Sung Gang's price analysis, check to measure Sung Gang'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 Sung Gang is operating at the current time. Most of Sung Gang's value examination focuses on studying past and present price action to predict the probability of Sung Gang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sung Gang's price. Additionally, you may evaluate how the addition of Sung Gang to your portfolios can decrease your overall portfolio volatility.