Rossmax International (Taiwan) Performance
| 4121 Stock | TWD 22.75 0.40 1.79% |
The company holds a Beta of 0.19, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rossmax International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rossmax International is expected to be smaller as well. Rossmax International has an expected return of -0.0696%. Please make sure to check Rossmax International total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Rossmax International performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Rossmax International has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Rossmax International is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 537.2 M | |
| Total Cashflows From Investing Activities | -347.7 M |
Rossmax |
Rossmax International Relative Risk vs. Return Landscape
If you would invest 2,380 in Rossmax International on January 26, 2024 and sell it today you would lose (105.00) from holding Rossmax International or give up 4.41% of portfolio value over 90 days. Rossmax International is generating negative expected returns and assumes 1.6755% volatility on return distribution over the 90 days horizon. Simply put, 14% of stocks are less volatile than Rossmax, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Rossmax International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rossmax International's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Rossmax International, and traders can use it to determine the average amount a Rossmax International's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0415
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 4121 |
Estimated Market Risk
| 1.68 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Rossmax International is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Rossmax International by adding Rossmax International to a well-diversified portfolio.
Rossmax International Fundamentals Growth
Rossmax Stock prices reflect investors' perceptions of the future prospects and financial health of Rossmax International, and Rossmax International fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Rossmax Stock performance.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0355 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 2.24 B | |||
| Shares Outstanding | 84.93 M | |||
| Price To Earning | 60.06 X | |||
| Price To Book | 1.24 X | |||
| Price To Sales | 0.44 X | |||
| Revenue | 3.95 B | |||
| EBITDA | 423.76 M | |||
| Cash And Equivalents | 961.4 M | |||
| Cash Per Share | 12.35 X | |||
| Total Debt | 235.73 M | |||
| Debt To Equity | 87.40 % | |||
| Book Value Per Share | 17.89 X | |||
| Cash Flow From Operations | 575.43 M | |||
| Earnings Per Share | 1.77 X | |||
| Total Asset | 3.76 B | |||
About Rossmax International Performance
To evaluate Rossmax International Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Rossmax International generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Rossmax Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Rossmax International market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Rossmax's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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.Things to note about Rossmax International performance evaluation
Checking the ongoing alerts about Rossmax International for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Rossmax International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Rossmax International generated a negative expected return over the last 90 days | |
| Rossmax International has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 37.0% of the company shares are owned by insiders or employees |
- Analyzing Rossmax International's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Rossmax International's stock is overvalued or undervalued compared to its peers.
- Examining Rossmax International's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Rossmax International's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Rossmax International's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Rossmax International's stock. These opinions can provide insight into Rossmax International's potential for growth and whether the stock is currently undervalued or overvalued.
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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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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