Fittech (Taiwan) Performance
| 6706 Stock | TWD 154.00 9.50 5.81% |
Fittech has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.83, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fittech's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fittech is expected to be smaller as well. Fittech right now shows a risk of 4.01%. Please confirm Fittech total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Fittech will be following its price patterns.
Risk-Adjusted Performance
3 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Fittech Co are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Fittech may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| Begin Period Cash Flow | 957 M | |
| Total Cashflows From Investing Activities | -629.2 M | |
| Free Cash Flow | 1.5 B |
Fittech |
Fittech Relative Risk vs. Return Landscape
If you would invest 14,650 in Fittech Co on September 12, 2024 and sell it today you would earn a total of 750.00 from holding Fittech Co or generate 5.12% return on investment over 90 days. Fittech Co is generating 0.1589% of daily returns and assumes 4.0095% volatility on return distribution over the 90 days horizon. Simply put, 35% of stocks are less volatile than Fittech, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Fittech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fittech's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Fittech Co, and traders can use it to determine the average amount a Fittech'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 = 0.0396
| Best Portfolio | Best Equity | |||
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| Small Returns | 6706 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.01 actual daily | 35 65% 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 Fittech 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 Fittech by adding it to a well-diversified portfolio.
Fittech Fundamentals Growth
Fittech Stock prices reflect investors' perceptions of the future prospects and financial health of Fittech, and Fittech 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 Fittech Stock performance.
| Return On Equity | 0.32 | |||
| Return On Asset | 0.0856 | |||
| Profit Margin | 0.22 % | |||
| Operating Margin | 0.18 % | |||
| Current Valuation | 5.52 B | |||
| Shares Outstanding | 73.54 M | |||
| Price To Earning | 32.67 X | |||
| Price To Book | 1.64 X | |||
| Price To Sales | 1.16 X | |||
| Revenue | 5.71 B | |||
| EBITDA | 1.48 B | |||
| Cash And Equivalents | 1.43 B | |||
| Cash Per Share | 19.81 X | |||
| Total Debt | 415.78 M | |||
| Debt To Equity | 0.20 % | |||
| Book Value Per Share | 57.86 X | |||
| Cash Flow From Operations | 1.59 B | |||
| Earnings Per Share | 16.17 X | |||
| Total Asset | 8.66 B | |||
About Fittech Performance
Evaluating Fittech's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Fittech 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 Fittech 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.
,Ltd provides automatic equipment and system integration services for the optoelectronic, semiconductor, and laser industries. The company operates in Taiwan, China, and rest of Asia, as well as internationally. FITTECH operates under Specialty Industrial Machinery classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Fittech performance evaluation
Checking the ongoing alerts about Fittech for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Fittech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Fittech had very high historical volatility over the last 90 days | |
| About 27.0% of the company shares are owned by insiders or employees |
- Analyzing Fittech'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 Fittech's stock is overvalued or undervalued compared to its peers.
- Examining Fittech'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 Fittech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fittech's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Fittech's stock. These opinions can provide insight into Fittech's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Fittech Stock Analysis
When running Fittech's price analysis, check to measure Fittech'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 Fittech is operating at the current time. Most of Fittech's value examination focuses on studying past and present price action to predict the probability of Fittech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fittech's price. Additionally, you may evaluate how the addition of Fittech to your portfolios can decrease your overall portfolio volatility.