First Hi (Taiwan) Performance
| 5439 Stock | TWD 113.50 1.50 1.34% |
First Hi has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.87, which means possible diversification benefits within a given portfolio. First Hi returns are very sensitive to returns on the market. As the market goes up or down, First Hi is expected to follow. First Hi tec right now shows a risk of 2.74%. Please confirm First Hi tec jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if First Hi tec will be following its price patterns.
Risk-Adjusted Performance
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Very Weak
Compared to the overall equity markets, risk-adjusted returns on investments in First Hi tec Enterprise are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, First Hi may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
| Begin Period Cash Flow | 473.1 M | |
| Total Cashflows From Investing Activities | -459.5 M | |
| Free Cash Flow | -440.4 M |
First |
First Hi Relative Risk vs. Return Landscape
If you would invest 10,750 in First Hi tec Enterprise on January 24, 2024 and sell it today you would earn a total of 600.00 from holding First Hi tec Enterprise or generate 5.58% return on investment over 90 days. First Hi tec Enterprise is generating 0.1369% of daily returns and assumes 2.7423% volatility on return distribution over the 90 days horizon. Simply put, 24% of stocks are less volatile than First, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
First Hi Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Hi's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as First Hi tec Enterprise, and traders can use it to determine the average amount a First Hi'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 = 0.0499
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| Cash | Small Risk | 5439 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.74 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average First Hi is performing at about 3% of its full potential. 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 First Hi by adding it to a well-diversified portfolio.
First Hi Fundamentals Growth
First Stock prices reflect investors' perceptions of the future prospects and financial health of First Hi, and First Hi 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 First Stock performance.
| Return On Equity | 0.17 | |||
| Return On Asset | 0.0656 | |||
| Profit Margin | 0.13 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 4.44 B | |||
| Shares Outstanding | 92.98 M | |||
| Price To Book | 1.90 X | |||
| Price To Sales | 1.41 X | |||
| Revenue | 3.37 B | |||
| EBITDA | 650.91 M | |||
| Total Debt | 26.83 M | |||
| Book Value Per Share | 24.68 X | |||
| Cash Flow From Operations | 14.57 M | |||
| Earnings Per Share | 4.17 X | |||
| Total Asset | 3.74 B | |||
About First Hi Performance
To evaluate First Hi tec 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 First Hi 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 First 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 First Hi tec market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents First'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.Things to note about First Hi tec performance evaluation
Checking the ongoing alerts about First Hi for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for First Hi tec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 24.0% of the company shares are owned by insiders or employees |
- Analyzing First Hi'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 First Hi's stock is overvalued or undervalued compared to its peers.
- Examining First Hi'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 First Hi's management team can have a significant impact on its success or failure. Reviewing the track record and experience of First Hi's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of First Hi's stock. These opinions can provide insight into First Hi'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 First Hi tec Enterprise. 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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for First Stock analysis
When running First Hi's price analysis, check to measure First Hi'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 First Hi is operating at the current time. Most of First Hi's value examination focuses on studying past and present price action to predict the probability of First Hi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Hi's price. Additionally, you may evaluate how the addition of First Hi to your portfolios can decrease your overall portfolio volatility.
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