Merida Industry (Taiwan) Performance
| 9914 Stock | TWD 160.50 0.50 0.31% |
The company secures a Beta (Market Risk) of 0.28, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Merida Industry's returns are expected to increase less than the market. However, during the bear market, the loss of holding Merida Industry is expected to be smaller as well. At this point, Merida Industry has a negative expected return of -0.44%. Please make sure to verify Merida Industry's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Merida Industry performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Merida Industry Co has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in January 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 3.9 B | |
| Total Cashflows From Investing Activities | -152.6 M |
Merida |
Merida Industry Relative Risk vs. Return Landscape
If you would invest 21,400 in Merida Industry Co on September 12, 2024 and sell it today you would lose (5,350) from holding Merida Industry Co or give up 25.0% of portfolio value over 90 days. Merida Industry Co is generating negative expected returns and assumes 2.1655% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Merida, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Merida Industry Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Merida Industry's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Merida Industry Co, and traders can use it to determine the average amount a Merida Industry'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 = -0.2031
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| Negative Returns | 9914 |
Estimated Market Risk
| 2.17 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Merida Industry 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 Merida Industry by adding Merida Industry to a well-diversified portfolio.
Merida Industry Fundamentals Growth
Merida Stock prices reflect investors' perceptions of the future prospects and financial health of Merida Industry, and Merida Industry 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 Merida Stock performance.
| Return On Equity | 0.23 | |||
| Return On Asset | 0.0416 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 57.5 B | |||
| Shares Outstanding | 298.98 M | |||
| Price To Earning | 25.35 X | |||
| Price To Book | 2.79 X | |||
| Price To Sales | 1.56 X | |||
| Revenue | 29.39 B | |||
| EBITDA | 6.54 B | |||
| Cash And Equivalents | 5.02 B | |||
| Cash Per Share | 16.80 X | |||
| Total Debt | 997.06 M | |||
| Debt To Equity | 15.40 % | |||
| Book Value Per Share | 69.42 X | |||
| Cash Flow From Operations | 787.7 M | |||
| Earnings Per Share | 14.87 X | |||
| Total Asset | 35.51 B | |||
| Retained Earnings | 9.61 B | |||
| Current Asset | 9.68 B | |||
| Current Liabilities | 5.51 B | |||
About Merida Industry Performance
Evaluating Merida Industry's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Merida Industry 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 Merida Industry 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.
Merida Industry Co., Ltd. engages in the processing, manufacture, and sale of bicycles and its components in Taiwan, rest of Asia, Europe, and internationally. Merida Industry Co., Ltd. was founded in 1972 and is headquartered in Changhua, Taiwan. MERIDA INDUSTRY operates under Leisure classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Merida Industry performance evaluation
Checking the ongoing alerts about Merida Industry for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Merida Industry help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Merida Industry generated a negative expected return over the last 90 days | |
| About 30.0% of the company shares are owned by insiders or employees |
- Analyzing Merida Industry'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 Merida Industry's stock is overvalued or undervalued compared to its peers.
- Examining Merida Industry'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 Merida Industry's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Merida Industry's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Merida Industry's stock. These opinions can provide insight into Merida Industry's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Merida Stock Analysis
When running Merida Industry's price analysis, check to measure Merida Industry'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 Merida Industry is operating at the current time. Most of Merida Industry's value examination focuses on studying past and present price action to predict the probability of Merida Industry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merida Industry's price. Additionally, you may evaluate how the addition of Merida Industry to your portfolios can decrease your overall portfolio volatility.