Shin Zu (Taiwan) Performance
| 3376 Stock | TWD 174.00 5.00 2.96% |
On a scale of 0 to 100, Shin Zu holds a performance score of 6. The entity has a beta of -0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Shin Zu are expected to decrease at a much lower rate. During the bear market, Shin Zu is likely to outperform the market. Please check Shin Zu's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Shin Zu's existing price patterns will revert.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Shin Zu Shing are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Shin Zu showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.7 B | |
| Total Cashflows From Investing Activities | 2.4 B |
Shin |
Shin Zu Relative Risk vs. Return Landscape
If you would invest 14,900 in Shin Zu Shing on January 31, 2024 and sell it today you would earn a total of 2,500 from holding Shin Zu Shing or generate 16.78% return on investment over 90 days. Shin Zu Shing is generating 0.3975% of daily returns and assumes 4.8517% volatility on return distribution over the 90 days horizon. Simply put, 42% of stocks are less volatile than Shin, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Shin Zu Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shin Zu's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Shin Zu Shing, and traders can use it to determine the average amount a Shin Zu'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 = 0.0819
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 3376 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.85 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Shin Zu is performing at about 6% 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 Shin Zu by adding it to a well-diversified portfolio.
Shin Zu Fundamentals Growth
Shin Stock prices reflect investors' perceptions of the future prospects and financial health of Shin Zu, and Shin Zu 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 Shin Stock performance.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0494 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.13 % | |||
| Current Valuation | 12.13 B | |||
| Shares Outstanding | 187.75 M | |||
| Price To Earning | 16.83 X | |||
| Price To Book | 1.00 X | |||
| Price To Sales | 1.20 X | |||
| Revenue | 12.14 B | |||
| EBITDA | 2.27 B | |||
| Cash And Equivalents | 5.89 B | |||
| Cash Per Share | 32.94 X | |||
| Total Debt | 692 M | |||
| Debt To Equity | 7.00 % | |||
| Book Value Per Share | 84.18 X | |||
| Cash Flow From Operations | 2.23 B | |||
| Earnings Per Share | 9.31 X | |||
| Total Asset | 21.36 B | |||
| Retained Earnings | 6.19 B | |||
| Current Asset | 10.61 B | |||
| Current Liabilities | 5.83 B | |||
About Shin Zu Performance
To evaluate Shin Zu Shing 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 Shin Zu 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 Shin 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 Shin Zu Shing market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Shin'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.Shin Zu Shing Co., Ltd. manufactures and sells precision springs, stamped parts, and hinge assemblies in Taiwan. Shin Zu Shing Co., Ltd. was founded in 1965 and is headquartered in New Taipei City, Taiwan. SHIN ZU operates under Metal Fabrication classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Shin Zu Shing performance evaluation
Checking the ongoing alerts about Shin Zu for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Shin Zu Shing help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Shin Zu Shing had very high historical volatility over the last 90 days | |
| About 21.0% of the company shares are owned by insiders or employees |
- Analyzing Shin Zu'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 Shin Zu's stock is overvalued or undervalued compared to its peers.
- Examining Shin Zu'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 Shin Zu's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Shin Zu's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Shin Zu's stock. These opinions can provide insight into Shin Zu'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 Shin Zu Shing. 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Shin Stock analysis
When running Shin Zu's price analysis, check to measure Shin Zu'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 Shin Zu is operating at the current time. Most of Shin Zu's value examination focuses on studying past and present price action to predict the probability of Shin Zu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shin Zu's price. Additionally, you may evaluate how the addition of Shin Zu to your portfolios can decrease your overall portfolio volatility.
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Stocks Directory Find actively traded stocks across global markets | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |