Formosa Plastics (Taiwan) Analysis
| 1301 Stock | TWD 61.00 0.40 0.66% |
Formosa Plastics Corp is undervalued with Real Value of 75.11 and Hype Value of 61.0. The main objective of Formosa Plastics stock analysis is to determine its intrinsic value, which is an estimate of what Formosa Plastics Corp is worth, separate from its market price. There are two main types of Formosa Plastics' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Formosa Plastics' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Formosa Plastics' stock to identify patterns and trends that may indicate its future price movements.
The Formosa Plastics stock is traded in Taiwan on Taiwan Stock Exchange, with the market opening at 09:00:00 and closing at 13:30:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Taiwan. Formosa Stock trading window is adjusted to Asia/Shanghai timezone.
Formosa |
Formosa Stock Analysis Notes
About 33.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.51. In the past many companies with similar price-to-book ratios have beat the market. Formosa Plastics Corp recorded earning per share (EPS) of 9.49. The entity last dividend was issued on the 5th of July 2022. The firm had 1:1 split on the 17th of July 2013. Formosa Plastics Corporation produces and sells intermediate raw materials for plastics in Taiwan, Mainland China, and internationally. The company was founded in 1954 and is headquartered in Kaohsiung City, Taiwan. FORMOSA PLASTIC operates under Rubber And Plastics classification in Taiwan and is traded on Taiwan Stock Exchange. For more info on Formosa Plastics Corp please contact the company at 886 7 371 1411 or go to https://www.fpc.com.tw.Formosa Plastics Corp Investment Alerts
| Formosa Plastics generated a negative expected return over the last 90 days | |
| About 33.0% of the company shares are owned by insiders or employees |
Formosa Plastics Thematic Classifications
In addition to having Formosa Plastics stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | PlasticsRubber and plastics accessories |
Formosa Market Capitalization
The company currently falls under 'Mega-Cap' category with a current market capitalization of 576.74 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Formosa Plastics's market, we take the total number of its shares issued and multiply it by Formosa Plastics'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.Formosa Profitablity
Formosa Plastics' profitability indicators refer to fundamental financial ratios that showcase Formosa Plastics' ability to generate income relative to its revenue or operating costs. If, let's say, Formosa Plastics is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Formosa Plastics' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Formosa Plastics' profitability requires more research than a typical breakdown of Formosa Plastics' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.22 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.16 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.16. Technical Drivers
As of the 17th of June 2024, Formosa Plastics shows the Variance of 1.5, standard deviation of 1.22, and Mean Deviation of 0.941. Formosa Plastics Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Formosa Plastics Corp treynor ratio, value at risk, and the relationship between the information ratio and maximum drawdown to decide if Formosa Plastics Corp is priced favorably, providing market reflects its regular price of 61.0 per share.Formosa Plastics Corp Price Movement Analysis
The output start index for this execution was fifty-nine with a total number of output elements of two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Formosa Plastics middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Formosa Plastics Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Formosa Plastics Predictive Daily Indicators
Formosa Plastics intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Formosa Plastics stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Formosa Plastics Forecast Models
Formosa Plastics' time-series forecasting models are one of many Formosa Plastics' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Formosa Plastics' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Formosa Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Formosa Plastics prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Formosa shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Formosa Plastics. By using and applying Formosa Stock analysis, traders can create a robust methodology for identifying Formosa entry and exit points for their positions.
Formosa Plastics Corporation produces and sells intermediate raw materials for plastics in Taiwan, Mainland China, and internationally. The company was founded in 1954 and is headquartered in Kaohsiung City, Taiwan. FORMOSA PLASTIC operates under Rubber And Plastics classification in Taiwan and is traded on Taiwan Stock Exchange.
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Additional Tools for Formosa Stock Analysis
When running Formosa Plastics' price analysis, check to measure Formosa Plastics' 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 Formosa Plastics is operating at the current time. Most of Formosa Plastics' value examination focuses on studying past and present price action to predict the probability of Formosa Plastics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Plastics' price. Additionally, you may evaluate how the addition of Formosa Plastics to your portfolios can decrease your overall portfolio volatility.