TMP Steel (Taiwan) Performance
| 6248 Stock | TWD 28.40 0.10 0.35% |
The entity has a beta of 0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TMP Steel's returns are expected to increase less than the market. However, during the bear market, the loss of holding TMP Steel is expected to be smaller as well. At this point, TMP Steel has a negative expected return of -0.12%. Please make sure to validate TMP Steel's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if TMP Steel performance from the past will be repeated at some future point.
Risk-Adjusted Performance
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Over the last 90 days TMP Steel 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 | 100.4 M | |
| Total Cashflows From Investing Activities | -157.3 M |
TMP |
TMP Steel Relative Risk vs. Return Landscape
If you would invest 3,085 in TMP Steel on September 4, 2024 and sell it today you would lose (245.00) from holding TMP Steel or give up 7.94% of portfolio value over 90 days. TMP Steel is generating negative expected returns and assumes 1.3655% volatility on return distribution over the 90 days horizon. Simply put, 12% of stocks are less volatile than TMP, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
TMP Steel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TMP Steel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as TMP Steel, and traders can use it to determine the average amount a TMP Steel'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 = -0.0894
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| Negative Returns | 6248 |
Estimated Market Risk
| 1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TMP Steel 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 TMP Steel by adding TMP Steel to a well-diversified portfolio.
TMP Steel Fundamentals Growth
TMP Stock prices reflect investors' perceptions of the future prospects and financial health of TMP Steel, and TMP Steel 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 TMP Stock performance.
| Return On Equity | 0.16 | |||
| Return On Asset | 0.0592 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 1.49 B | |||
| Shares Outstanding | 60.71 M | |||
| Price To Book | 1.24 X | |||
| Price To Sales | 0.21 X | |||
| Revenue | 4.44 B | |||
| EBITDA | 118.11 M | |||
| Total Debt | 233.11 M | |||
| Book Value Per Share | 17.85 X | |||
| Cash Flow From Operations | (188.82 M) | |||
| Earnings Per Share | 2.37 X | |||
| Total Asset | 2.45 B | |||
About TMP Steel Performance
Evaluating TMP Steel's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if TMP Steel 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 TMP Steel 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 TMP Steel performance evaluation
Checking the ongoing alerts about TMP Steel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for TMP Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TMP Steel generated a negative expected return over the last 90 days | |
| TMP Steel generates negative cash flow from operations | |
| About 43.0% of the company shares are owned by insiders or employees |
- Analyzing TMP Steel'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 TMP Steel's stock is overvalued or undervalued compared to its peers.
- Examining TMP Steel'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 TMP Steel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TMP Steel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TMP Steel's stock. These opinions can provide insight into TMP Steel's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for TMP Stock Analysis
When running TMP Steel's price analysis, check to measure TMP Steel'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 TMP Steel is operating at the current time. Most of TMP Steel's value examination focuses on studying past and present price action to predict the probability of TMP Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TMP Steel's price. Additionally, you may evaluate how the addition of TMP Steel to your portfolios can decrease your overall portfolio volatility.