Transcend Information (Taiwan) Today
| 2451 Stock | TWD 94.30 0.60 0.64% |
Performance18 of 100
| Odds Of DistressLess than 9
|
Transcend Information is selling for under 94.30 as of the 2nd of May 2024; that is 0.64 percent up since the beginning of the trading day. The stock's lowest day price was 92.7. Transcend Information has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Transcend Information are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of April 2024 and ending today, the 2nd of May 2024. Click here to learn more.
Transcend Information, Inc. engages in the design, development, manufacture, marketing, and sale of digital storage, multimedia, and industrial products worldwide. Transcend Information, Inc. was founded in 1988 and is based in Taipei, Taiwan. TRANSCEND INFORMATION operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.. The company has 429.06 M outstanding shares. More on Transcend Information
Moving together with Transcend Stock
| 0.73 | 2882A | Cathay Financial Holding | PairCorr |
| 0.74 | 2881A | Fubon Financial Holding | PairCorr |
| 0.93 | 2891 | CTBC Financial Holding | PairCorr |
| 0.87 | 2883 | China Development | PairCorr |
| 0.95 | 2317 | Hon Hai Precision | PairCorr |
Moving against Transcend Stock
| 0.87 | 2882B | Cathay Financial Holding | PairCorr |
| 0.81 | 2891C | CTBC Financial Holding | PairCorr |
| 0.69 | 2888A | Shin Kong Financial | PairCorr |
| 0.44 | 2888 | Shin Kong Financial | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Transcend 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. Transcend Information's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Transcend Information or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board, CEO | Chung Shu |
| Thematic Idea | Data Storage (View all Themes) |
| Business Concentration | Data Storage, Information Technology, Technology Hardware, Storage & Peripherals, Data Storage, Technology (View all Sectors) |
Transcend Information (2451) is traded on Taiwan Stock Exchange in Taiwan and employs 32 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 29.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Transcend Information's market, we take the total number of its shares issued and multiply it by Transcend Information'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. Transcend Information operates under Technology Hardware, Storage & Peripherals sector and is part of Information Technology industry. The entity has 429.06 M outstanding shares.
Transcend Information has accumulated about 12.77 B in cash with 2.45 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 29.64.
Check Transcend Information Probability Of Bankruptcy
Ownership AllocationTranscend Information shows a total of 429.06 Million outstanding shares. Transcend Information maintains 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. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Transcend Ownership Details
Transcend Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Transcend Information jumping above the current price in 90 days from now is nearly 4.47%. The Transcend Information probability density function shows the probability of Transcend Information stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Transcend Information has a beta of -0.0046. This suggests as returns on the benchmark increase, returns on holding Transcend Information are expected to decrease at a much lower rate. During a bear market, however, Transcend Information is likely to outperform the market. Additionally, transcend Information has an alpha of 0.2795, implying that it can generate a 0.28 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Transcend Information to move above the current price in 90 days from now is nearly 4.47 (This Transcend Information probability density function shows the probability of Transcend Stock to fall within a particular range of prices over 90 days) .
Transcend Information Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Transcend Information market risk premium is the additional return an investor will receive from holding Transcend Information 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 Transcend Information. 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 Transcend Information's alpha and beta are two of the key measurements used to evaluate Transcend Information's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.01 | |||
| Semi Deviation | 1.01 | |||
| Standard Deviation | 1.36 | |||
| Variance | 1.85 |
Transcend Stock Against Markets
Picking the right benchmark for Transcend Information 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 Transcend Information 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 Transcend Information is critical whether you are bullish or bearish towards Transcend Information at a given time. Please also check how Transcend Information'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 Transcend Information 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 Portfolio Backtesting Now
Portfolio BacktestingAvoid under-diversification and over-optimization by backtesting your portfolios |
| All Next | Launch Module |
Transcend Information Corporate Directors
Transcend Information corporate directors refer to members of a Transcend Information board of directors. The board of directors generally takes responsibility for the Transcend Information'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 Transcend Information's board members must vote for the resolution. The Transcend Information board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Yixin Wang | Independent Director | Profile | |
| Yih Chen | Independent Director | Profile | |
| YiSin Wang | Independent Director | Profile | |
| Shihong Chen | Director | Profile |
How to buy Transcend Stock?
Before investing in Transcend Information, 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 Transcend Information. To buy Transcend Information stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Transcend Information. 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 Transcend Information stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Transcend Information 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 Transcend Information 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 Transcend Information, 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 Transcend Information?
The danger of trading Transcend Information 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 Transcend Information 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 Transcend Information. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Transcend Information 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 Transcend Information. 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Transcend Stock analysis
When running Transcend Information's price analysis, check to measure Transcend Information'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 Transcend Information is operating at the current time. Most of Transcend Information's value examination focuses on studying past and present price action to predict the probability of Transcend Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transcend Information's price. Additionally, you may evaluate how the addition of Transcend Information to your portfolios can decrease your overall portfolio volatility.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |