RiTdisplay Corp (Taiwan) Performance
| 8104 Stock | TWD 50.80 0.40 0.78% |
On a scale of 0 to 100, RiTdisplay Corp holds a performance score of 6. The company holds a Beta of 0.4, which implies possible diversification benefits within a given portfolio. As returns on the market increase, RiTdisplay Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding RiTdisplay Corp is expected to be smaller as well. Please check RiTdisplay Corp's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether RiTdisplay Corp's historical price patterns will revert.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in RiTdisplay Corp are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, RiTdisplay Corp showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 920 M | |
| Total Cashflows From Investing Activities | -313.1 M |
RiTdisplay |
RiTdisplay Corp Relative Risk vs. Return Landscape
If you would invest 4,440 in RiTdisplay Corp on September 13, 2024 and sell it today you would earn a total of 640.00 from holding RiTdisplay Corp or generate 14.41% return on investment over 90 days. RiTdisplay Corp is generating 0.2821% of daily returns and assumes 3.6556% volatility on return distribution over the 90 days horizon. Simply put, 32% of stocks are less volatile than RiTdisplay, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
RiTdisplay Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for RiTdisplay Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as RiTdisplay Corp, and traders can use it to determine the average amount a RiTdisplay Corp'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 = 0.0772
| Best Portfolio | Best Equity | |||
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| Small Returns | 8104 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.66 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average RiTdisplay Corp is performing at about 6% 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 RiTdisplay Corp by adding it to a well-diversified portfolio.
RiTdisplay Corp Fundamentals Growth
RiTdisplay Stock prices reflect investors' perceptions of the future prospects and financial health of RiTdisplay Corp, and RiTdisplay Corp 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 RiTdisplay Stock performance.
| Return On Equity | 0.0219 | |||
| Return On Asset | 0.0068 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 4.03 B | |||
| Shares Outstanding | 73.65 M | |||
| Price To Earning | 12.12 X | |||
| Price To Book | 1.28 X | |||
| Price To Sales | 1.10 X | |||
| Revenue | 2.23 B | |||
| EBITDA | 398.5 M | |||
| Cash And Equivalents | 926.22 M | |||
| Cash Per Share | 13.85 X | |||
| Total Debt | 243.12 M | |||
| Debt To Equity | 0.42 % | |||
| Book Value Per Share | 29.61 X | |||
| Cash Flow From Operations | 10.69 M | |||
| Earnings Per Share | 0.50 X | |||
| Total Asset | 3.97 B | |||
About RiTdisplay Corp Performance
Evaluating RiTdisplay Corp's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if RiTdisplay Corp 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 RiTdisplay Corp 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.
RiTdisplay Corporation engages in the research and development, manufacture, and sale of organic light-emitting diodes in Taiwan and internationally. The company was founded in 1997 and is based in Hsinchu City, Taiwan. RITDISPLAY CORPORATION operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about RiTdisplay Corp performance evaluation
Checking the ongoing alerts about RiTdisplay Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for RiTdisplay Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| RiTdisplay Corp had very high historical volatility over the last 90 days | |
| About 49.0% of the company shares are owned by insiders or employees |
- Analyzing RiTdisplay Corp'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 RiTdisplay Corp's stock is overvalued or undervalued compared to its peers.
- Examining RiTdisplay Corp'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 RiTdisplay Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of RiTdisplay Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of RiTdisplay Corp's stock. These opinions can provide insight into RiTdisplay Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for RiTdisplay Stock Analysis
When running RiTdisplay Corp's price analysis, check to measure RiTdisplay Corp'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 RiTdisplay Corp is operating at the current time. Most of RiTdisplay Corp's value examination focuses on studying past and present price action to predict the probability of RiTdisplay Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RiTdisplay Corp's price. Additionally, you may evaluate how the addition of RiTdisplay Corp to your portfolios can decrease your overall portfolio volatility.