Yang Ming (Taiwan) Performance
| 2609 Stock | TWD 75.40 3.00 4.14% |
Yang Ming holds a performance score of 20 on a scale of zero to a hundred. The firm maintains a market beta of -0.79, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Yang Ming are expected to decrease at a much lower rate. During the bear market, Yang Ming is likely to outperform the market. Use Yang Ming Marine standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to analyze future returns on Yang Ming Marine.
Risk-Adjusted Performance
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Yang Ming Marine are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Yang Ming showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 24.5 B | |
| Total Cashflows From Investing Activities | -141.1 B |
Yang |
Yang Ming Relative Risk vs. Return Landscape
If you would invest 4,495 in Yang Ming Marine on March 20, 2024 and sell it today you would earn a total of 3,045 from holding Yang Ming Marine or generate 67.74% return on investment over 90 days. Yang Ming Marine is generating 1.158% of daily returns and assumes 4.5137% volatility on return distribution over the 90 days horizon. Simply put, 40% of stocks are less volatile than Yang, and 78% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Yang Ming Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yang Ming's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Yang Ming Marine, and traders can use it to determine the average amount a Yang Ming'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 = 0.2565
| Best Portfolio | Best Equity | |||
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| Small Returns | 2609 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.51 actual daily | 40 60% of assets are more volatile |
Expected Return
| 1.16 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Yang Ming is performing at about 20% 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 Yang Ming by adding it to a well-diversified portfolio.
Yang Ming Fundamentals Growth
Yang Stock prices reflect investors' perceptions of the future prospects and financial health of Yang Ming, and Yang Ming 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 Yang Stock performance.
| Return On Equity | 0.87 | |||
| Return On Asset | 0.41 | |||
| Profit Margin | 0.53 % | |||
| Operating Margin | 0.65 % | |||
| Current Valuation | 8.54 B | |||
| Shares Outstanding | 3.49 B | |||
| Price To Earning | (1.74) X | |||
| Price To Book | 0.66 X | |||
| Price To Sales | 0.54 X | |||
| Revenue | 333.69 B | |||
| EBITDA | 222.46 B | |||
| Cash And Equivalents | 17.52 B | |||
| Cash Per Share | 7.54 X | |||
| Total Debt | 15.89 B | |||
| Debt To Equity | 518.10 % | |||
| Book Value Per Share | 94.82 X | |||
| Cash Flow From Operations | 209.57 B | |||
| Earnings Per Share | 61.71 X | |||
| Total Asset | 384.42 B | |||
| Retained Earnings | (7.71 B) | |||
| Current Asset | 29.5 B | |||
| Current Liabilities | 42.55 B | |||
About Yang Ming Performance
To evaluate Yang Ming Marine 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 Yang Ming 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 Yang 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 Yang Ming Marine market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Yang'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.Yang Ming Marine Transport Corporation, together with its subsidiaries, provides shipping, repair, and chartering services in Taiwan, the United States, Europe, Asia, and internationally. Yang Ming Marine Transport Corporation was founded in 1972 and is headquartered in Keelung, Taiwan. YANG MING operates under Shipping Ports classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Yang Ming Marine performance evaluation
Checking the ongoing alerts about Yang Ming for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Yang Ming Marine help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Yang Ming Marine appears to be risky and price may revert if volatility continues | |
| Yang Ming Marine has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Yang Ming Marine has accumulated 15.89 B in total debt with debt to equity ratio (D/E) of 518.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Yang Ming Marine has a current ratio of 0.59, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Yang Ming until it has trouble settling it off, either with new capital or with free cash flow. So, Yang Ming's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Yang Ming Marine sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Yang to invest in growth at high rates of return. When we think about Yang Ming's use of debt, we should always consider it together with cash and equity. | |
| About 19.0% of Yang Ming shares are owned by insiders or employees |
- Analyzing Yang Ming'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 Yang Ming's stock is overvalued or undervalued compared to its peers.
- Examining Yang Ming'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 Yang Ming's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Yang Ming's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Yang Ming's stock. These opinions can provide insight into Yang Ming's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Yang Stock Analysis
When running Yang Ming's price analysis, check to measure Yang Ming'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 Yang Ming is operating at the current time. Most of Yang Ming's value examination focuses on studying past and present price action to predict the probability of Yang Ming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yang Ming's price. Additionally, you may evaluate how the addition of Yang Ming to your portfolios can decrease your overall portfolio volatility.