Formosa Advanced (Taiwan) Performance
| 8131 Stock | TWD 30.10 0.10 0.33% |
The firm shows a Beta (market volatility) of -0.28, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Formosa Advanced are expected to decrease at a much lower rate. During the bear market, Formosa Advanced is likely to outperform the market. At this point, Formosa Advanced Tec has a negative expected return of -0.12%. Please make sure to confirm Formosa Advanced's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Formosa Advanced Tec performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Formosa Advanced Technologies 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 | 2 B | |
| Total Cashflows From Investing Activities | -343 M |
Formosa |
Formosa Advanced Relative Risk vs. Return Landscape
If you would invest 3,150 in Formosa Advanced Technologies on December 4, 2024 and sell it today you would lose (210.00) from holding Formosa Advanced Technologies or give up 6.67% of portfolio value over 90 days. Formosa Advanced Technologies is generating negative expected returns and assumes 1.3524% volatility on return distribution over the 90 days horizon. Simply put, 12% of stocks are less volatile than Formosa, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Formosa Advanced Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Formosa Advanced's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Formosa Advanced Technologies, and traders can use it to determine the average amount a Formosa Advanced'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 = -0.0861
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 8131 |
Estimated Market Risk
| 1.35 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 Formosa Advanced 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 Formosa Advanced by adding Formosa Advanced to a well-diversified portfolio.
Formosa Advanced Fundamentals Growth
Formosa Stock prices reflect investors' perceptions of the future prospects and financial health of Formosa Advanced, and Formosa Advanced 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 Formosa Stock performance.
| Return On Equity | 0.18 | |||
| Return On Asset | 0.0904 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.20 % | |||
| Current Valuation | 11.56 B | |||
| Shares Outstanding | 442.22 M | |||
| Price To Earning | 10.81 X | |||
| Price To Book | 1.40 X | |||
| Price To Sales | 1.66 X | |||
| Revenue | 9.94 B | |||
| EBITDA | 3.36 B | |||
| Cash And Equivalents | 3.87 B | |||
| Cash Per Share | 8.76 X | |||
| Total Debt | 559.69 M | |||
| Debt To Equity | 4.70 % | |||
| Book Value Per Share | 28.07 X | |||
| Cash Flow From Operations | 2.98 B | |||
| Earnings Per Share | 4.95 X | |||
| Total Asset | 14.23 B | |||
| Retained Earnings | 3.19 B | |||
| Current Asset | 7.72 B | |||
| Current Liabilities | 1.08 B | |||
About Formosa Advanced Performance
Evaluating Formosa Advanced's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Formosa Advanced 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 Formosa Advanced 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.
Formosa Advanced Technologies Co., Ltd. provides wafer probe, integrated circuit assembly and testing, module turnkey, and LED chip process services in Taiwan. Formosa Advanced Technologies Co., Ltd. is a subsidiary of Formosa Taffeta Co., Ltd. FORMOSA ADVANCED operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 2406 people.Things to note about Formosa Advanced Tec performance evaluation
Checking the ongoing alerts about Formosa Advanced for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Formosa Advanced Tec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Formosa Advanced Tec generated a negative expected return over the last 90 days | |
| About 69.0% of the company shares are owned by insiders or employees |
- Analyzing Formosa Advanced'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 Formosa Advanced's stock is overvalued or undervalued compared to its peers.
- Examining Formosa Advanced'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 Formosa Advanced's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Formosa Advanced's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Formosa Advanced's stock. These opinions can provide insight into Formosa Advanced's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Formosa Stock Analysis
When running Formosa Advanced's price analysis, check to measure Formosa Advanced'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 Formosa Advanced is operating at the current time. Most of Formosa Advanced's value examination focuses on studying past and present price action to predict the probability of Formosa Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Advanced's price. Additionally, you may evaluate how the addition of Formosa Advanced to your portfolios can decrease your overall portfolio volatility.