Para Light (Taiwan) Today
| 6226 Stock | TWD 8.99 0.05 0.55% |
Performance0 of 100
| Odds Of DistressLess than 39
|
Para Light is selling for under 8.99 as of the 28th of December 2024; that is 0.55 percent decrease since the beginning of the trading day. The stock's lowest day price was 8.97. Para Light has about a 39 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 28th of November 2024 and ending today, the 28th of December 2024. Click here to learn more.
Para Light Electronics Co., Ltd. provides lighting solutions and opto-electronic components for industrial, commercial, and household applications worldwide. The company was founded in 1987 and is headquartered in New Taipei City, Taiwan. PARA LIGHT operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.. The company has 116.54 M outstanding shares. More on Para Light Electronics
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Para Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Para Light's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Para Light or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Electronics (View all Themes) |
| Business Concentration | Electronics, Information Technology, Electronic Equipment, Instruments & Components, Electronic Components, Technology (View all Sectors) |
Para Light Electronics (6226) is traded on Taiwan Stock Exchange in Taiwan and employs 12 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.32 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Para Light's market, we take the total number of its shares issued and multiply it by Para Light'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. Para Light Electronics operates under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 116.54 M outstanding shares.
Para Light Electronics has accumulated about 562.21 M in cash with 84.02 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.01.
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Ownership AllocationPara Light owns a total of 116.54 Million outstanding shares. Para Light has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Para Light Electronics Risk Profiles
Although Para Light's alpha and beta are two of the key measurements used to evaluate Para Light's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.883 | |||
| Standard Deviation | 1.27 | |||
| Variance | 1.61 | |||
| Risk Adjusted Performance | (0.09) |
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When running Para Light's price analysis, check to measure Para Light'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 Para Light is operating at the current time. Most of Para Light's value examination focuses on studying past and present price action to predict the probability of Para Light's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Para Light's price. Additionally, you may evaluate how the addition of Para Light to your portfolios can decrease your overall portfolio volatility.