CoAsia Microelectronics (Taiwan) Performance
| 8096 Stock | TWD 66.50 0.50 0.76% |
CoAsia Microelectronics holds a performance score of 17 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of 0.61, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CoAsia Microelectronics' returns are expected to increase less than the market. However, during the bear market, the loss of holding CoAsia Microelectronics is expected to be smaller as well. Use CoAsia Microelectronics downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to analyze future returns on CoAsia Microelectronics.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in CoAsia Microelectronics are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of fairly uncertain basic indicators, CoAsia Microelectronics showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 692.1 M | |
| Total Cashflows From Investing Activities | -20.4 M |
CoAsia |
CoAsia Microelectronics Relative Risk vs. Return Landscape
If you would invest 3,890 in CoAsia Microelectronics on December 25, 2024 and sell it today you would earn a total of 2,760 from holding CoAsia Microelectronics or generate 70.95% return on investment over 90 days. CoAsia Microelectronics is generating 1.0786% of daily returns and assumes 4.9224% volatility on return distribution over the 90 days horizon. Simply put, 43% of stocks are less volatile than CoAsia, and 79% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CoAsia Microelectronics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CoAsia Microelectronics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CoAsia Microelectronics, and traders can use it to determine the average amount a CoAsia Microelectronics' 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 = 0.2191
| Best Portfolio | Best Equity | |||
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| Small Returns | 8096 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.92 actual daily | 43 57% of assets are more volatile |
Expected Return
| 1.08 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average CoAsia Microelectronics is performing at about 17% 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 CoAsia Microelectronics by adding it to a well-diversified portfolio.
CoAsia Microelectronics Fundamentals Growth
CoAsia Stock prices reflect investors' perceptions of the future prospects and financial health of CoAsia Microelectronics, and CoAsia Microelectronics 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 CoAsia Stock performance.
| Return On Equity | 0.0634 | |||
| Return On Asset | 0.0096 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0 % | |||
| Current Valuation | 4.67 B | |||
| Shares Outstanding | 148.9 M | |||
| Price To Earning | 16.79 X | |||
| Price To Book | 0.65 X | |||
| Price To Sales | 0.06 X | |||
| Revenue | 29.2 B | |||
| EBITDA | 311.43 M | |||
| Cash And Equivalents | 453.31 M | |||
| Cash Per Share | 3.04 X | |||
| Total Debt | 5.12 B | |||
| Debt To Equity | 1.94 % | |||
| Book Value Per Share | 18.14 X | |||
| Cash Flow From Operations | (971.26 M) | |||
| Earnings Per Share | 1.07 X | |||
| Total Asset | 8.28 B | |||
About CoAsia Microelectronics Performance
Evaluating CoAsia Microelectronics' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if CoAsia Microelectronics 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 CoAsia Microelectronics 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.
CoAsia Electronics Corp. provides components for mobile multimedia in Taiwan, China, the United States, Southeast Asia, India, and Korea. CoAsia Electronics Corp. was founded in 1997 and is based in Taipei, Taiwan. COASIA ELECTRONICS operates under Semiconductors classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 154 people.Things to note about CoAsia Microelectronics performance evaluation
Checking the ongoing alerts about CoAsia Microelectronics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CoAsia Microelectronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| CoAsia Microelectronics appears to be risky and price may revert if volatility continues | |
| CoAsia Microelectronics has accumulated about 453.31 M in cash with (971.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.04. | |
| Roughly 34.0% of the company shares are owned by insiders or employees |
- Analyzing CoAsia Microelectronics' 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 CoAsia Microelectronics' stock is overvalued or undervalued compared to its peers.
- Examining CoAsia Microelectronics' 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 CoAsia Microelectronics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of CoAsia Microelectronics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CoAsia Microelectronics' stock. These opinions can provide insight into CoAsia Microelectronics' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for CoAsia Stock Analysis
When running CoAsia Microelectronics' price analysis, check to measure CoAsia Microelectronics' 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 CoAsia Microelectronics is operating at the current time. Most of CoAsia Microelectronics' value examination focuses on studying past and present price action to predict the probability of CoAsia Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CoAsia Microelectronics' price. Additionally, you may evaluate how the addition of CoAsia Microelectronics to your portfolios can decrease your overall portfolio volatility.