Chicony Power (Taiwan) Today
| 6412 Stock | TWD 169.00 7.00 4.32% |
Performance6 of 100
| Odds Of DistressLess than 9
|
Chicony Power is selling for under 169.00 as of the 25th of April 2024; that is 4.32 percent increase since the beginning of the trading day. The stock's lowest day price was 166.5. Chicony Power has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Chicony Power Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Chicony Power Technology Co., Ltd. manufactures and sells switching power supplies, electronic components, and LED lighting products in Asia, the United States, Europe, and internationally. The company was founded in 2008 and is headquartered in New Taipei City, Taiwan. The company has 395.39 M outstanding shares. More on Chicony Power Technology
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Moving against Chicony Stock
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Chicony 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. Chicony Power's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Chicony Power or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | MaoKuei Lin |
| Thematic Ideas | (View all Themes) |
| Business Concentration | IT, Computers, Consumer Electronics, Technology, Computing (View all Sectors) |
Chicony Power Technology (6412) is traded on Taiwan Stock Exchange in Taiwan and employs 37 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 31.05 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Chicony Power's market, we take the total number of its shares issued and multiply it by Chicony Power'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. Chicony Power Technology operates under Technology sector and is part of Consumer Electronics industry. The entity has 395.39 M outstanding shares.
Chicony Power Technology has accumulated about 2.65 B in cash with 1.41 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.99.
Check Chicony Power Probability Of Bankruptcy
Ownership AllocationChicony Power holds a total of 395.39 Million outstanding shares. Chicony Power Technology shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 67.18 percent of Chicony Power Technology outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Chicony Ownership Details
Chicony Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Chicony Power jumping above the current price in 90 days from now is about 35.82%. The Chicony Power Technology probability density function shows the probability of Chicony Power stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Chicony Power has a beta of 0.0295. This suggests as returns on the market go up, Chicony Power average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Chicony Power Technology will be expected to be much smaller as well. Additionally, chicony Power Technology has an alpha of 0.1448, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Chicony Power to move above the current price in 90 days from now is about 35.82 (This Chicony Power Technology probability density function shows the probability of Chicony Stock to fall within a particular range of prices over 90 days) .
Chicony Power Technology Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Chicony Power market risk premium is the additional return an investor will receive from holding Chicony Power 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 Chicony Power. 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 Chicony Power's alpha and beta are two of the key measurements used to evaluate Chicony Power's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.09 | |||
| Semi Deviation | 2.16 | |||
| Standard Deviation | 2.7 | |||
| Variance | 7.3 |
Chicony Stock Against Markets
Picking the right benchmark for Chicony Power 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 Chicony Power 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 Chicony Power is critical whether you are bullish or bearish towards Chicony Power Technology at a given time. Please also check how Chicony Power'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 Chicony Power 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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| All Next | Launch Module |
Chicony Power Corporate Directors
Chicony Power corporate directors refer to members of a Chicony Power board of directors. The board of directors generally takes responsibility for the Chicony Power'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 Chicony Power's board members must vote for the resolution. The Chicony Power board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Guohua Zeng | General Manager, General Manager-MP Business, Director | Profile | |
| ChinChung Lu | Director | Profile | |
| T Chiu | Independent Director | Profile | |
| Decheng Qiu | Independent Director | Profile |
How to buy Chicony Stock?
Before investing in Chicony Power, 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 Chicony Power. To buy Chicony Power stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Chicony Power. 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 Chicony Power stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Chicony Power 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 Chicony Power 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 Chicony Power 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 Chicony Power Technology?
The danger of trading Chicony Power 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 Chicony Power 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 Chicony Power. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Chicony Power Technology 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 Chicony Power 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Chicony Stock analysis
When running Chicony Power's price analysis, check to measure Chicony Power'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 Chicony Power is operating at the current time. Most of Chicony Power's value examination focuses on studying past and present price action to predict the probability of Chicony Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chicony Power's price. Additionally, you may evaluate how the addition of Chicony Power to your portfolios can decrease your overall portfolio volatility.
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