Rossmax International (Taiwan) Today
| 4121 Stock | TWD 22.35 0.05 0.22% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Rossmax International is selling for under 22.35 as of the 23rd of April 2024; that is -0.22 percent decrease since the beginning of the trading day. The stock's lowest day price was 22.25. Rossmax International has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Rossmax International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of February 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Rossmax International Ltd. develops and supplies healthcare products and solutions primarily in Taiwan. Rossmax International Ltd. was founded in 1988 and is based in Taipei City, Taiwan. ROSSMAX INTERNATIONAL operates under Medical Devices classification in Taiwan and is traded on Taiwan OTC Exchange.. The company has 84.93 M outstanding shares. More on Rossmax International
Moving together with Rossmax Stock
| 0.68 | 4104 | Excelsior Medical | PairCorr |
| 0.75 | 2886 | Mega Financial Holding | PairCorr |
Follow Valuation Odds of Bankruptcy
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Rossmax 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. Rossmax International's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Rossmax International or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Zhiping Liu |
| Business Concentration | Medical Devices, Healthcare (View all Sectors) |
Rossmax International (4121) is traded on Taiwan OTC Exchange in Taiwan and employs 18 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Rossmax International's market, we take the total number of its shares issued and multiply it by Rossmax International'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. Rossmax International operates under Healthcare sector and is part of Medical Devices industry. The entity has 84.93 M outstanding shares.
Rossmax International has accumulated about 961.4 M in cash with 575.43 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 12.35.
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Ownership AllocationRossmax International owns a total of 84.93 Million outstanding shares. Rossmax International 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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Rossmax Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Rossmax International jumping above the current price in 90 days from now is about 99.0%. The Rossmax International probability density function shows the probability of Rossmax International stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Rossmax International has a beta of -0.4704. This suggests as returns on the benchmark increase, returns on holding Rossmax International are expected to decrease at a much lower rate. During a bear market, however, Rossmax International is likely to outperform the market. Additionally, rossmax International has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Rossmax International to move above the current price in 90 days from now is about 99.0 (This Rossmax International probability density function shows the probability of Rossmax Stock to fall within a particular range of prices over 90 days) .
Rossmax International Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Rossmax International market risk premium is the additional return an investor will receive from holding Rossmax International 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 Rossmax International. 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 Rossmax International's alpha and beta are two of the key measurements used to evaluate Rossmax International's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.04 | |||
| Standard Deviation | 1.55 | |||
| Variance | 2.4 | |||
| Risk Adjusted Performance | (0.04) |
Rossmax Stock Against Markets
Picking the right benchmark for Rossmax International 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 Rossmax International 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 Rossmax International is critical whether you are bullish or bearish towards Rossmax International at a given time. Please also check how Rossmax International's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Rossmax International 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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Rossmax International Corporate Directors
Rossmax International corporate directors refer to members of a Rossmax International board of directors. The board of directors generally takes responsibility for the Rossmax International'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 Rossmax International's board members must vote for the resolution. The Rossmax International board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| He Fang | Independent Director | Profile | |
| Liheng Huang | Director | Profile | |
| Mingyi Lin | Director | Profile | |
| Morten Brunvoll | Director | Profile |
How to buy Rossmax Stock?
Before investing in Rossmax International, 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 Rossmax International. To buy Rossmax International stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Rossmax International. 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 Rossmax International stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Rossmax International 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 Rossmax International 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 Rossmax International, 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 Rossmax International?
The danger of trading Rossmax International 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 Rossmax International 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 Rossmax International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Rossmax International 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 Rossmax International. 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Rossmax Stock analysis
When running Rossmax International's price analysis, check to measure Rossmax International'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 Rossmax International is operating at the current time. Most of Rossmax International's value examination focuses on studying past and present price action to predict the probability of Rossmax International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rossmax International's price. Additionally, you may evaluate how the addition of Rossmax International to your portfolios can decrease your overall portfolio volatility.
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