Wah Hong (Taiwan) Today
| 8240 Stock | TWD 35.00 0.60 1.69% |
Performance3 of 100
| Odds Of DistressLess than 10
|
Wah Hong is selling for under 35.00 as of the 19th of April 2024; that is -1.69 percent decrease since the beginning of the trading day. The stock's lowest day price was 34.85. Wah Hong has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Wah Hong Industrial are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Moving together with Wah Stock
| 0.63 | 2317 | Hon Hai Precision | PairCorr |
| 0.66 | 2327 | Yageo Corp | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Wah 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. Wah Hong's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Wah Hong or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board, CEO | Ruiqin Zhang |
| Thematic Idea | Heavy Metals (View all Themes) |
| Business Concentration | Heavy Metals, Electronic Components, Technology (View all Sectors) |
Wah Hong Industrial (8240) is traded on Taiwan OTC Exchange in Taiwan and employs 20 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.82 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Wah Hong's market, we take the total number of its shares issued and multiply it by Wah Hong'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. Wah Hong Industrial operates under Technology sector and is part of Electronic Components industry. The entity has 98.52 M outstanding shares.
Wah Hong generates positive cash flow from operations, but has no cash available
Check Wah Hong Probability Of Bankruptcy
Ownership AllocationWah Hong Industrial owns a total of 98.52 Million outstanding shares. Wah Hong Industrial owns significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Wah Ownership Details
Wah Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Wah Hong jumping above the current price in 90 days from now is about 46.38%. The Wah Hong Industrial probability density function shows the probability of Wah Hong stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Wah Hong Industrial has a beta of -0.6362. This suggests as returns on the benchmark increase, returns on holding Wah Hong are expected to decrease at a much lower rate. During a bear market, however, Wah Hong Industrial is likely to outperform the market. Additionally, wah Hong Industrial has an alpha of 0.0723, implying that it can generate a 0.0723 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Wah Hong to move above the current price in 90 days from now is about 46.38 (This Wah Hong Industrial probability density function shows the probability of Wah Stock to fall within a particular range of prices over 90 days) .
Wah Hong Industrial Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Wah Hong market risk premium is the additional return an investor will receive from holding Wah Hong 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 Wah Hong. 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 Wah Hong's alpha and beta are two of the key measurements used to evaluate Wah Hong's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.9227 | |||
| Semi Deviation | 1.19 | |||
| Standard Deviation | 1.48 | |||
| Variance | 2.19 |
Wah Stock Against Markets
Picking the right benchmark for Wah Hong 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 Wah Hong 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 Wah Hong is critical whether you are bullish or bearish towards Wah Hong Industrial at a given time. Please also check how Wah Hong'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 Wah Hong 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?
Run Headlines Timeline Now
Headlines TimelineStay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
| All Next | Launch Module |
Wah Hong Corporate Directors
Wah Hong corporate directors refer to members of a Wah Hong board of directors. The board of directors generally takes responsibility for the Wah Hong'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 Wah Hong's board members must vote for the resolution. The Wah Hong board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Yukio Nakajima | Director | Profile | |
| Zhicheng Wu | Director | Profile | |
| Zhenji Ma | Independent Director | Profile | |
| Takeshi Kubo | Director | Profile |
How to buy Wah Stock?
Before investing in Wah Hong, 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 Wah Hong. To buy Wah Hong stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Wah Hong. 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 Wah Hong stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Wah Hong Industrial 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 Wah Hong Industrial 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 Wah Hong Industrial, 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 Wah Hong Industrial?
The danger of trading Wah Hong Industrial 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 Wah Hong 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 Wah Hong. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wah Hong Industrial 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 Wah Hong Industrial. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Wah Stock analysis
When running Wah Hong's price analysis, check to measure Wah Hong'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 Wah Hong is operating at the current time. Most of Wah Hong's value examination focuses on studying past and present price action to predict the probability of Wah Hong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wah Hong's price. Additionally, you may evaluate how the addition of Wah Hong to your portfolios can decrease your overall portfolio volatility.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |