Grand Plastic (Taiwan) Today
3131 Stock | TWD 1,010 10.00 0.98% |
Performance17 of 100
| Odds Of DistressLess than 9
|
Grand Plastic is selling for under 1010.00 as of the 17th of April 2024; that is -0.98 percent decrease since the beginning of the trading day. The stock's lowest day price was 924.0. Grand Plastic has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Grand Plastic Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of March 2024 and ending today, the 17th of April 2024. Click here to learn more.
Grand Plastic Technology Corporation engages in the design, development, system customization, assembly, testing, product initialization, and after-sales service of metal etching and wafer cleaning equipment in Taiwan. The company was founded in 1993 and is based in Hsinchu City, Taiwan. The company has 28.52 M outstanding shares. More on Grand Plastic Technology
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Moving against Grand Stock
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Follow Valuation Odds of Bankruptcy
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Grand 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. Grand Plastic's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Grand Plastic or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman of the Board | Hongtai Zhang |
Thematic Idea | Plastics (View all Themes) |
Business Concentration | Plastics, Semiconductor Equipment & Materials, Technology (View all Sectors) |
Grand Plastic Technology (3131) is traded on Taiwan OTC Exchange in Taiwan and employs 12 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.93 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Grand Plastic's market, we take the total number of its shares issued and multiply it by Grand Plastic'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. Grand Plastic Technology operates under Technology sector and is part of Semiconductor Equipment & Materials industry. The entity has 28.52 M outstanding shares.
Grand Plastic Technology has accumulated about 1.41 B in cash with 631.4 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 53.05.
Check Grand Plastic Probability Of Bankruptcy
Ownership AllocationGrand Plastic Technology has a total of 28.52 Million outstanding shares. Grand Plastic 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. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Grand Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Grand Plastic jumping above the current price in 90 days from now is about 7.37%. The Grand Plastic Technology probability density function shows the probability of Grand Plastic stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Grand Plastic has a beta of 0.2386. This suggests as returns on the market go up, Grand Plastic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Grand Plastic Technology will be expected to be much smaller as well. Additionally, grand Plastic Technology has an alpha of 0.9436, implying that it can generate a 0.94 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Grand Plastic to move above the current price in 90 days from now is about 7.37 (This Grand Plastic Technology probability density function shows the probability of Grand Stock to fall within a particular range of prices over 90 days) .
Grand Plastic Technology Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Grand Plastic market risk premium is the additional return an investor will receive from holding Grand Plastic 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 Grand Plastic. 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 Grand Plastic's alpha and beta are two of the key measurements used to evaluate Grand Plastic's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 3.16 | |||
Semi Deviation | 2.65 | |||
Standard Deviation | 4.38 | |||
Variance | 19.2 |
Grand Stock Against Markets
Picking the right benchmark for Grand Plastic 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 Grand Plastic 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 Grand Plastic is critical whether you are bullish or bearish towards Grand Plastic Technology at a given time. Please also check how Grand Plastic'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 Grand Plastic 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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Grand Plastic Corporate Directors
Grand Plastic corporate directors refer to members of a Grand Plastic board of directors. The board of directors generally takes responsibility for the Grand Plastic'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 Grand Plastic's board members must vote for the resolution. The Grand Plastic board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Xinren Tan | Independent Director | Profile | |
Shengting Shi | Independent Director | Profile | |
Shirong Zhan | Director | Profile | |
Buqing Zhong | Director | Profile |
How to buy Grand Stock?
Before investing in Grand Plastic, 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 Grand Plastic. To buy Grand Plastic stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Grand Plastic. 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 Grand Plastic stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Grand Plastic Technology 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 Grand Plastic Technology 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 Grand Plastic Technology, 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 Grand Plastic Technology?
The danger of trading Grand Plastic Technology 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 Grand Plastic 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 Grand Plastic. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Grand Plastic Technology 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 Grand Plastic Technology. 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Grand Stock analysis
When running Grand Plastic's price analysis, check to measure Grand Plastic'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 Grand Plastic is operating at the current time. Most of Grand Plastic's value examination focuses on studying past and present price action to predict the probability of Grand Plastic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grand Plastic's price. Additionally, you may evaluate how the addition of Grand Plastic to your portfolios can decrease your overall portfolio volatility.
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