Promise Technology (Taiwan) Analysis
| 3057 Stock | TWD 10.15 0.05 0.49% |
Promise Technology is undervalued with Real Value of 10.61 and Hype Value of 10.15. The main objective of Promise Technology stock analysis is to determine its intrinsic value, which is an estimate of what Promise Technology is worth, separate from its market price. There are two main types of Promise Technology's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Promise Technology's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Promise Technology's stock to identify patterns and trends that may indicate its future price movements.
The Promise Technology stock is traded in Taiwan on Taiwan Stock Exchange, with the market opening at 09:00:00 and closing at 13:30:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Taiwan. Promise Technology is usually not traded on National Day of the Republic of China. Promise Stock trading window is adjusted to Asia/Shanghai timezone.
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Promise Stock Analysis Notes
About 23.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.06. In the past many companies with similar price-to-book ratios have beat the market. Promise Technology last dividend was issued on the 2nd of September 2016. The entity had 521:1000 split on the 17th of September 2020. PROMISE Technology, Inc. develops storage solutions for the data center, surveillance, cloud, and rich media markets worldwide. PROMISE Technology, Inc. was founded in 1988 and is headquartered in Hsinchu, Taiwan. PROMISE TECHNOLOGY is traded on Taiwan Stock Exchange in Taiwan. For more info on Promise Technology please contact the company at 886 3 578 2395 or go to https://www.promise.com.Promise Technology Investment Alerts
| Promise Technology generated a negative expected return over the last 90 days | |
| About 23.0% of the company shares are owned by insiders or employees |
Promise Technology Thematic Classifications
In addition to having Promise Technology stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | ComputersUSA Equities from Computers industry as classified by Fama & French | |
 | ITInformation technology and IT services |
Promise Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Promise Technology's market, we take the total number of its shares issued and multiply it by Promise Technology's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Promise Profitablity
Promise Technology's profitability indicators refer to fundamental financial ratios that showcase Promise Technology's ability to generate income relative to its revenue or operating costs. If, let's say, Promise Technology is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Promise Technology's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Promise Technology's profitability requires more research than a typical breakdown of Promise Technology's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.03 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Technical Drivers
As of the 24th of March, Promise Technology holds the Coefficient Of Variation of (713.53), risk adjusted performance of (0.12), and Variance of 2.5. Promise Technology technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Please check Promise Technology standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Promise Technology is priced some-what accurately, providing market reflects its current price of 10.15 per share.Promise Technology Price Movement Analysis
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Promise Technology Outstanding Bonds
Promise Technology issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Promise Technology uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Promise bonds can be classified according to their maturity, which is the date when Promise Technology has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Promise Technology Predictive Daily Indicators
Promise Technology intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Promise Technology stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Promise Technology Forecast Models
Promise Technology's time-series forecasting models are one of many Promise Technology's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Promise Technology's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Promise Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Promise Technology prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Promise shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Promise Technology. By using and applying Promise Stock analysis, traders can create a robust methodology for identifying Promise entry and exit points for their positions.
PROMISE Technology, Inc. develops storage solutions for the data center, surveillance, cloud, and rich media markets worldwide. PROMISE Technology, Inc. was founded in 1988 and is headquartered in Hsinchu, Taiwan. PROMISE TECHNOLOGY is traded on Taiwan Stock Exchange in Taiwan.
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Additional Tools for Promise Stock Analysis
When running Promise Technology's price analysis, check to measure Promise Technology'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 Promise Technology is operating at the current time. Most of Promise Technology's value examination focuses on studying past and present price action to predict the probability of Promise Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Promise Technology's price. Additionally, you may evaluate how the addition of Promise Technology to your portfolios can decrease your overall portfolio volatility.