Hong Tai (Taiwan) Today
| 1612 Stock | TWD 37.90 0.45 1.20% |
Performance14 of 100
| Odds Of DistressLess than 9
|
Hong Tai is selling for under 37.90 as of the 24th of April 2024; that is 1.20% increase since the beginning of the trading day. The stock's lowest day price was 37.25. Hong Tai has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Hong Tai Electric are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Hong Tai Electric Industrial Co., Ltd. primarily manufactures and sells electrical wires and cables. Hong Tai Electric Industrial Co., Ltd. was founded in 1968 and is headquartered in Taipei City, Taiwan. HONG TAI operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.. The company has 316.08 M outstanding shares. More on Hong Tai Electric
Moving against Hong Stock
| 0.53 | 6811 | Acer E Enabling | PairCorr |
Follow Valuation Odds of Bankruptcy
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Hong 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. Hong Tai's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hong Tai or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board, CEO | Wuxiong Pan |
| Business Concentration | Industrials, Electrical Equipment, Electronic Components, Technology (View all Sectors) |
Hong Tai Electric (1612) is traded on Taiwan Stock Exchange in Taiwan and employs 19 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.96 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hong Tai's market, we take the total number of its shares issued and multiply it by Hong Tai'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. Hong Tai Electric operates under Electrical Equipment sector and is part of Industrials industry. The entity has 316.08 M outstanding shares.
Hong Tai Electric has accumulated about 751.84 M in cash with 5.77 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.38.
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Ownership AllocationHong Tai secures a total of 316.08 Million outstanding shares. Hong Tai secures 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. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
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Hong Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Hong Tai jumping above the current price in 90 days from now is roughly 2.57%. The Hong Tai Electric probability density function shows the probability of Hong Tai stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Hong Tai Electric has a beta of -1.1749. This suggests as returns on its benchmark rise, returns on holding Hong Tai Electric are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Hong Tai is expected to outperform its benchmark. Additionally, hong Tai Electric has an alpha of 0.5701, implying that it can generate a 0.57 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Hong Tai to move above the current price in 90 days from now is roughly 2.57 (This Hong Tai Electric probability density function shows the probability of Hong Stock to fall within a particular range of prices over 90 days) .
Hong Tai Electric Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Hong Tai market risk premium is the additional return an investor will receive from holding Hong Tai long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hong Tai. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Hong Tai's alpha and beta are two of the key measurements used to evaluate Hong Tai's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.05 | |||
| Semi Deviation | 2.61 | |||
| Standard Deviation | 3.26 | |||
| Variance | 10.64 |
Hong Stock Against Markets
Picking the right benchmark for Hong Tai stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hong Tai stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hong Tai is critical whether you are bullish or bearish towards Hong Tai Electric at a given time. Please also check how Hong Tai's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Hong Tai without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Risk-Return AnalysisView associations between returns expected from investment and the risk you assume |
| All Next | Launch Module |
Hong Tai Corporate Directors
Hong Tai corporate directors refer to members of a Hong Tai board of directors. The board of directors generally takes responsibility for the Hong Tai's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Hong Tai's board members must vote for the resolution. The Hong Tai board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Lianghua Chen | VP Director | Profile | |
| ChihYuan Lu | Independent Director | Profile | |
| Jing Zhang | Independent Director | Profile | |
| Junxiong Pan | Executive Deputy General Manager, Director | Profile |
How to buy Hong Stock?
Before investing in Hong Tai, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Hong Tai. To buy Hong Tai stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hong Tai. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Hong Tai stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Hong Tai Electric stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Hong Tai Electric stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Hong Tai Electric, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Hong Tai Electric?
The danger of trading Hong Tai Electric is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hong Tai is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hong Tai. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hong Tai Electric is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hong Tai Electric. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Hong Stock analysis
When running Hong Tai's price analysis, check to measure Hong Tai'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 Hong Tai is operating at the current time. Most of Hong Tai's value examination focuses on studying past and present price action to predict the probability of Hong Tai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hong Tai's price. Additionally, you may evaluate how the addition of Hong Tai to your portfolios can decrease your overall portfolio volatility.
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