Information Technology (Taiwan) Performance
| 6697 Stock | 47.75 0.45 0.93% |
On a scale of 0 to 100, Information Technology holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of -0.43, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Information Technology are expected to decrease at a much lower rate. During the bear market, Information Technology is likely to outperform the market. Please check Information Technology's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Information Technology's current trending patterns will revert.
Risk-Adjusted Performance
Modest
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Information Technology Total are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Information Technology may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
Information |
Information Technology Relative Risk vs. Return Landscape
If you would invest 4,366 in Information Technology Total on December 28, 2024 and sell it today you would earn a total of 409.00 from holding Information Technology Total or generate 9.37% return on investment over 90 days. Information Technology Total is generating 0.197% of daily returns and assumes 2.6627% volatility on return distribution over the 90 days horizon. Simply put, 23% of stocks are less volatile than Information, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Information Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Information Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Information Technology Total, and traders can use it to determine the average amount a Information Technology'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 = 0.074
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 6697 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.66 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.2 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Information Technology is performing at about 5% 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 Information Technology by adding it to a well-diversified portfolio.
About Information Technology Performance
Evaluating Information Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Information Technology 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 Information Technology 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 Information Technology performance evaluation
Checking the ongoing alerts about Information Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Information Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Information Technology's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Information Technology's stock performance include:- Analyzing Information Technology'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 Information Technology's stock is overvalued or undervalued compared to its peers.
- Examining Information Technology'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 Information Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Information Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Information Technology's stock. These opinions can provide insight into Information Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Information Stock Analysis
When running Information Technology's price analysis, check to measure Information Technology'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 Information Technology is operating at the current time. Most of Information Technology's value examination focuses on studying past and present price action to predict the probability of Information Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Information Technology's price. Additionally, you may evaluate how the addition of Information Technology to your portfolios can decrease your overall portfolio volatility.