Cheng Loong (Taiwan) Today
| 1904 Stock | TWD 28.85 0.35 1.20% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Cheng Loong is selling for under 28.85 as of the 25th of April 2024; that is -1.2 percent decrease since the beginning of the trading day. The stock's lowest day price was 28.85. Cheng Loong has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Cheng Loong Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of May 2022 and ending today, the 25th of April 2024. Click here to learn more.
Cheng Loong Corporation manufactures and sells paper products in Taiwan, China, and Southeast Asia. Cheng Loong Corporation was founded in 1954 and is headquartered in New Taipei City, Taiwan. CHENG LOONG operates under Paper Paper Products classification in Taiwan and is traded on Taiwan Stock Exchange.. The company has 1.11 B outstanding shares. More on Cheng Loong Corp
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Cheng Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cheng Loong's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cheng Loong or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Shuyun Zheng |
| Business Concentration | Materials, Containers & Packaging, Paper & Paper Products, Basic Materials (View all Sectors) |
Cheng Loong Corp (1904) is traded on Taiwan Stock Exchange in Taiwan and employs 22 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 31.75 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cheng Loong's market, we take the total number of its shares issued and multiply it by Cheng Loong'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. Cheng Loong Corp operates under Containers & Packaging sector and is part of Materials industry. The entity has 1.11 B outstanding shares.
Cheng Loong Corp has accumulated about 5.27 B in cash with 3.69 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.76.
Check Cheng Loong Probability Of Bankruptcy
Ownership AllocationCheng Loong Corp retains a total of 1.11 Billion outstanding shares. Cheng Loong Corp retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
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Cheng Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Cheng Loong jumping above the current price in 90 days from now is about 64.62%. The Cheng Loong Corp probability density function shows the probability of Cheng Loong stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Cheng Loong has a beta of 0.0775. This suggests as returns on the market go up, Cheng Loong average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cheng Loong Corp will be expected to be much smaller as well. Additionally, cheng Loong Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Cheng Loong to move above the current price in 90 days from now is about 64.62 (This Cheng Loong Corp probability density function shows the probability of Cheng Stock to fall within a particular range of prices over 90 days) .
Cheng Loong Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cheng Loong market risk premium is the additional return an investor will receive from holding Cheng Loong long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Cheng Loong. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Cheng Loong's alpha and beta are two of the key measurements used to evaluate Cheng Loong's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5217 | |||
| Semi Deviation | 0.6973 | |||
| Standard Deviation | 0.748 | |||
| Variance | 0.5595 |
Cheng Stock Against Markets
Picking the right benchmark for Cheng Loong stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cheng Loong stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cheng Loong is critical whether you are bullish or bearish towards Cheng Loong Corp at a given time. Please also check how Cheng Loong's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Cheng Loong without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Cheng Loong Corporate Directors
Cheng Loong corporate directors refer to members of a Cheng Loong board of directors. The board of directors generally takes responsibility for the Cheng Loong's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Cheng Loong's board members must vote for the resolution. The Cheng Loong board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Donghe Cai | General Manager, Director | Profile | |
| Qinghui You | Deputy General Manager, Head-Management, Director | Profile | |
| Qingbiao Zhang | Deputy General Manager, Director | Profile | |
| Wenming Zheng | Director | Profile |
How to buy Cheng Stock?
Before investing in Cheng Loong, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Cheng Loong. To buy Cheng Loong stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cheng Loong. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Cheng Loong stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Cheng Loong Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Cheng Loong Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Cheng Loong Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Cheng Loong Corp?
The danger of trading Cheng Loong Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cheng Loong is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cheng Loong. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cheng Loong Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheng Loong Corp. 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Cheng Stock analysis
When running Cheng Loong's price analysis, check to measure Cheng Loong'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 Cheng Loong is operating at the current time. Most of Cheng Loong's value examination focuses on studying past and present price action to predict the probability of Cheng Loong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheng Loong's price. Additionally, you may evaluate how the addition of Cheng Loong to your portfolios can decrease your overall portfolio volatility.
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