Information Technology (Taiwan) Performance
| 6697 Stock | 43.50 0.50 1.16% |
The company retains a Market Volatility (i.e., Beta) of 0.87, which attests to possible diversification benefits within a given portfolio. Information Technology returns are very sensitive to returns on the market. As the market goes up or down, Information Technology is expected to follow. At this point, Information Technology has a negative expected return of -0.19%. Please make sure to check out Information Technology's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Information Technology performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Information Technology Total has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
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Information Technology Relative Risk vs. Return Landscape
If you would invest 4,970 in Information Technology Total on July 10, 2024 and sell it today you would lose (620.00) from holding Information Technology Total or give up 12.47% of portfolio value over 90 days. Information Technology Total is generating negative expected returns and assumes 2.0048% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Information, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Information Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Information Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Information Technology Total, and traders can use it to determine the average amount a Information Technology'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 = -0.0953
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| Negative Returns | 6697 |
Estimated Market Risk
| 2.0 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Information Technology is not performing at its full potential. However, 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 Information Technology by adding Information Technology to a well-diversified portfolio.
About Information Technology Performance
Evaluating Information Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Information Technology has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Information Technology has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Information Technology performance evaluation
Checking the ongoing alerts about Information Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Information Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Information Technology generated a negative expected return over the last 90 days |
- Analyzing Information Technology'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 Information Technology's stock is overvalued or undervalued compared to its peers.
- Examining Information Technology'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 Information Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Information Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Information Technology's stock. These opinions can provide insight into Information Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Information Stock Analysis
When running Information Technology's price analysis, check to measure Information Technology'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 Information Technology is operating at the current time. Most of Information Technology's value examination focuses on studying past and present price action to predict the probability of Information Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Information Technology's price. Additionally, you may evaluate how the addition of Information Technology to your portfolios can decrease your overall portfolio volatility.