Ate Energy (Taiwan) Performance
| 6179 Stock | TWD 30.75 0.45 1.44% |
The firm shows a Beta (market volatility) of -0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ate Energy are expected to decrease at a much lower rate. During the bear market, Ate Energy is likely to outperform the market. Ate Energy International has an expected return of -0.21%. Please make sure to confirm Ate Energy International market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Ate Energy 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 Ate Energy International has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in June 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 538.2 M | |
| Total Cashflows From Investing Activities | 63.6 M |
Ate |
Ate Energy Relative Risk vs. Return Landscape
If you would invest 3,515 in Ate Energy International on February 9, 2024 and sell it today you would lose (440.00) from holding Ate Energy International or give up 12.52% of portfolio value over 90 days. Ate Energy International is generating negative expected returns and assumes 2.4311% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than Ate, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ate Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ate Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ate Energy International, and traders can use it to determine the average amount a Ate Energy'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 = -0.0845
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6179 |
Estimated Market Risk
| 2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ate Energy 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 Ate Energy by adding Ate Energy to a well-diversified portfolio.
Ate Energy Fundamentals Growth
Ate Stock prices reflect investors' perceptions of the future prospects and financial health of Ate Energy, and Ate Energy 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 Ate Stock performance.
| Return On Equity | 0.0155 | |||
| Return On Asset | -0.0068 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | (0.02) % | |||
| Current Valuation | 3.07 B | |||
| Shares Outstanding | 86.15 M | |||
| Price To Earning | 30.23 X | |||
| Price To Book | 1.28 X | |||
| Price To Sales | 0.75 X | |||
| Revenue | 3.06 B | |||
| EBITDA | 248.57 M | |||
| Cash And Equivalents | 424.06 M | |||
| Cash Per Share | 5.72 X | |||
| Total Debt | 594.8 M | |||
| Debt To Equity | 40.80 % | |||
| Book Value Per Share | 18.60 X | |||
| Cash Flow From Operations | (538.99 M) | |||
| Earnings Per Share | 0.30 X | |||
| Total Asset | 4.08 B | |||
About Ate Energy Performance
To evaluate Ate Energy 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 Ate Energy 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 Ate 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 Ate Energy International market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Ate'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.ATE Energy International Co., Ltd. provides engineering, procurement, and construction management services. ATE Energy International Co., Ltd. was founded in 1995 and is based in New Taipei City, Taiwan. ATE ENERGY operates under Data Storage classification in Taiwan and is traded on Taiwan OTC Exchange.Things to note about Ate Energy International performance evaluation
Checking the ongoing alerts about Ate Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ate Energy International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ate Energy generated a negative expected return over the last 90 days | |
| Ate Energy has high likelihood to experience some financial distress in the next 2 years | |
| Ate Energy International has accumulated about 424.06 M in cash with (538.99 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.72. | |
| Roughly 39.0% of the company shares are owned by insiders or employees |
- Analyzing Ate Energy'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 Ate Energy's stock is overvalued or undervalued compared to its peers.
- Examining Ate Energy'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 Ate Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ate Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ate Energy's stock. These opinions can provide insight into Ate Energy'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 Ate Energy 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Ate Stock analysis
When running Ate Energy's price analysis, check to measure Ate Energy'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 Ate Energy is operating at the current time. Most of Ate Energy's value examination focuses on studying past and present price action to predict the probability of Ate Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ate Energy's price. Additionally, you may evaluate how the addition of Ate Energy to your portfolios can decrease your overall portfolio volatility.
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