Cayenne Entertainment (Taiwan) Today

4946 Stock  TWD 45.00  1.60  3.43%   

Performance

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Odds Of Distress

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Cayenne Entertainment is selling for under 45.00 as of the 29th of March 2024; that is -3.43 percent decrease since the beginning of the trading day. The stock's lowest day price was 45.0. Cayenne Entertainment has about a 36 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Cayenne Entertainment Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
Cayenne Entertainment Technology Co., Ltd. provides various casual gaming services to online entertainment community in Taiwan. The company was founded in 2006 and is headquartered in Taipei City, Taiwan. CAYENNE ENTERTAINMENT operates under Electronic Gaming Multimedia classification in Taiwan and is traded on Taiwan OTC Exchange.. The company has 0 outstanding shares. More on Cayenne Entertainment Technology

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Follow Valuation Odds of Bankruptcy
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Cayenne 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. Cayenne Entertainment's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cayenne Entertainment or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOSherry Lee
Thematic IdeaEntertainment (View all Themes)
Business ConcentrationEntertainment, Electronic Gaming & Multimedia, Communication Services (View all Sectors)
Cayenne Entertainment Technology (4946) is traded on Taiwan OTC Exchange in Taiwan and employs 28 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 418.68 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cayenne Entertainment's market, we take the total number of its shares issued and multiply it by Cayenne Entertainment'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. Cayenne Entertainment operates under Communication Services sector and is part of Electronic Gaming & Multimedia industry. The entity has 0 outstanding shares. Cayenne Entertainment Technology has accumulated about 97.77 M in cash with 10.38 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.16.
Check Cayenne Entertainment Probability Of Bankruptcy

Cayenne Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Cayenne Entertainment jumping above the current price in 90 days from now is about 98.0%. The Cayenne Entertainment Technology probability density function shows the probability of Cayenne Entertainment stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Cayenne Entertainment has a beta of 0.5054. This suggests as returns on the market go up, Cayenne Entertainment average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cayenne Entertainment Technology will be expected to be much smaller as well. Additionally, cayenne Entertainment Technology has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 45.0HorizonTargetOdds Above 45.0
1.56%90 days
 45.00 
98.42%
Based on a normal probability distribution, the odds of Cayenne Entertainment to move above the current price in 90 days from now is about 98.0 (This Cayenne Entertainment Technology probability density function shows the probability of Cayenne Stock to fall within a particular range of prices over 90 days) .

Cayenne Entertainment Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cayenne Entertainment market risk premium is the additional return an investor will receive from holding Cayenne Entertainment 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 Cayenne Entertainment. 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 Cayenne Entertainment's alpha and beta are two of the key measurements used to evaluate Cayenne Entertainment's performance over the market, the standard measures of volatility play an important role as well.

Cayenne Stock Against Markets

Picking the right benchmark for Cayenne Entertainment 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 Cayenne Entertainment 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 Cayenne Entertainment is critical whether you are bullish or bearish towards Cayenne Entertainment Technology at a given time. Please also check how Cayenne Entertainment'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 Cayenne Entertainment 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.

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Cayenne Entertainment Corporate Directors

Cayenne Entertainment corporate directors refer to members of a Cayenne Entertainment board of directors. The board of directors generally takes responsibility for the Cayenne Entertainment'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 Cayenne Entertainment's board members must vote for the resolution. The Cayenne Entertainment board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy Cayenne Stock?

Before investing in Cayenne Entertainment, 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 Cayenne Entertainment. To buy Cayenne Entertainment stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cayenne Entertainment. 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 Cayenne Entertainment stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Cayenne Entertainment 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 Cayenne Entertainment 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 Cayenne Entertainment 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 Cayenne Entertainment Technology?

The danger of trading Cayenne Entertainment 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 Cayenne Entertainment 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 Cayenne Entertainment. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cayenne Entertainment 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 Cayenne Entertainment 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Cayenne Entertainment's price analysis, check to measure Cayenne Entertainment'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 Cayenne Entertainment is operating at the current time. Most of Cayenne Entertainment's value examination focuses on studying past and present price action to predict the probability of Cayenne Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cayenne Entertainment's price. Additionally, you may evaluate how the addition of Cayenne Entertainment to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Cayenne Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cayenne Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cayenne Entertainment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.