Li Kang (Taiwan) Analysis

6242 Stock Analysis Notes

About 72.0% of the company shares are owned by insiders or employees . The book value of Li Kang was presently reported as 23.12. The company last dividend was issued on the 4th of July 2022. Li Kang Biomedical had 1000:1150 split on the 30th of June 2023. Li Kang Biomedical Co., Ltd. manufactures and sells supplement, cosmeceutical, and hygienic drinks. Li Kang Biomedical Co., Ltd. was founded in 1982 and is based in Tainan City, Taiwan. LI KANG operates under Travel Services classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 123 people. For more info on Li Kang Biomedical please contact the company at 886 6 233 7068 or go to https://www.likangbio.com.

Li Kang Biomedical Investment Alerts

Li Kang Thematic Classifications

6242 Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.37 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Li Kang's market, we take the total number of its shares issued and multiply it by Li Kang'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.

6242 Profitablity

The company has Profit Margin (PM) of 0.16 %, 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 0.19 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.19.

Technical Drivers

As of the 28th of May, Li Kang owns the Mean Deviation of 0.4952, market risk adjusted performance of 0.8258, and Information Ratio of (0.26). Li Kang Biomedical technical analysis lets you operate past data patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Li Kang, which can be compared to its peers in the sector. Please verify Li Kang Biomedical coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Li Kang Biomedical is priced more or less accurately, providing market reflects its prevailing price of 50.4 per share.

Li Kang Biomedical Price Movement Analysis

Li Kang Predictive Daily Indicators

Li Kang Forecast Models

Li Kang's time-series forecasting models are one of many Li Kang's 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 Li Kang's 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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Li Kang 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 6242 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 Li Kang. By using and applying 6242 Stock analysis, traders can create a robust methodology for identifying 6242 entry and exit points for their positions.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Li Kang Biomedical. 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

When running Li Kang's price analysis, check to measure Li Kang'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 Li Kang is operating at the current time. Most of Li Kang's value examination focuses on studying past and present price action to predict the probability of Li Kang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Li Kang's price. Additionally, you may evaluate how the addition of Li Kang to your portfolios can decrease your overall portfolio volatility.