Thinking Electronic (Taiwan) Performance
| 2428 Stock | 164.50 2.50 1.50% |
Thinking Electronic has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Thinking Electronic are completely uncorrelated. Thinking Electronic right now has a risk of 1.75%. Please validate Thinking Electronic semi deviation, coefficient of variation, total risk alpha, as well as the relationship between the downside deviation and standard deviation , to decide if Thinking Electronic will be following its existing price patterns.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Thinking Electronic Industrial are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, Thinking Electronic is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 2.5 B | |
| Total Cashflows From Investing Activities | -1.3 B |
Thinking |
Thinking Electronic Relative Risk vs. Return Landscape
If you would invest 16,450 in Thinking Electronic Industrial on February 23, 2024 and sell it today you would earn a total of 250.00 from holding Thinking Electronic Industrial or generate 1.52% return on investment over 90 days. Thinking Electronic Industrial is generating 0.0396% of daily returns and assumes 1.7467% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than Thinking, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Thinking Electronic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thinking Electronic's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Thinking Electronic Industrial, and traders can use it to determine the average amount a Thinking Electronic'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 = 0.0227
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2428 |
Estimated Market Risk
| 1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Thinking Electronic is performing at about 1% 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 Thinking Electronic by adding it to a well-diversified portfolio.
Thinking Electronic Fundamentals Growth
Thinking Stock prices reflect investors' perceptions of the future prospects and financial health of Thinking Electronic, and Thinking Electronic 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 Thinking Stock performance.
| Return On Equity | 0.19 | |||
| Return On Asset | 0.0765 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.22 % | |||
| Current Valuation | 13.37 B | |||
| Shares Outstanding | 128.11 M | |||
| Price To Earning | 11.96 X | |||
| Price To Book | 1.82 X | |||
| Price To Sales | 2.11 X | |||
| Revenue | 7.5 B | |||
| EBITDA | 2.49 B | |||
| Cash And Equivalents | 2.15 B | |||
| Cash Per Share | 16.78 X | |||
| Total Debt | 688.1 M | |||
| Debt To Equity | 0.05 % | |||
| Book Value Per Share | 68.32 X | |||
| Cash Flow From Operations | 1.57 B | |||
| Earnings Per Share | 12.12 X | |||
| Total Asset | 12.67 B | |||
| Retained Earnings | 2.72 B | |||
| Current Asset | 4.87 B | |||
| Current Liabilities | 1.64 B | |||
About Thinking Electronic Performance
To evaluate Thinking Electronic 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 Thinking Electronic 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 Thinking 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 Thinking Electronic market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Thinking'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.Thinking Electronic Industrial Co., Ltd. manufactures and sells various protective circuit components.Things to note about Thinking Electronic performance evaluation
Checking the ongoing alerts about Thinking Electronic for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Thinking Electronic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 49.0% of the company shares are owned by insiders or employees |
- Analyzing Thinking Electronic'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 Thinking Electronic's stock is overvalued or undervalued compared to its peers.
- Examining Thinking Electronic'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 Thinking Electronic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thinking Electronic's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Thinking Electronic's stock. These opinions can provide insight into Thinking Electronic'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 Thinking Electronic 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Thinking Stock analysis
When running Thinking Electronic's price analysis, check to measure Thinking Electronic'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 Thinking Electronic is operating at the current time. Most of Thinking Electronic's value examination focuses on studying past and present price action to predict the probability of Thinking Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thinking Electronic's price. Additionally, you may evaluate how the addition of Thinking Electronic to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Positions Ratings 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 | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |