Shin Zu (Taiwan) Quote Today

Shin Zu is selling for under 84.40 as of the 2nd of February 2023; that is 2.43 percent increase since the beginning of the trading day. The stock's lowest day price was 82.5. Equity ratings for Shin Zu Shing are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of January 2023 and ending today, the 2nd of February 2023. Click here to learn more.
Fiscal Year End
December
Business Domain
Capital Goods
Category
Industrials
Classification
Industrials
ISIN
TW0003376000
Valuation
Check how we calculate scores

Shin Zu 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. Shin Zu's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Shin Zu or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Shin Zu Shing is not yet fully synchronised with the market data
Shin Zu Shing is unlikely to experience financial distress in the next 2 years
About 21.0% of the company shares are owned by insiders or employees
CEO, General Manager, DirectorQingzheng Lin
Fama & French Classification
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Shin Zu's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
Shin Zu Shing (3376) is traded on Taiwan Exchange in Taiwan and employs 22 people. Shin Zu is listed under Industrial Machinery category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 15.85 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Shin Zu's market, we take the total number of its shares issued and multiply it by Shin Zu'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. Shin Zu Shing operates under Machinery sector and is part of Industrials industry. The entity has 187.75 M outstanding shares. Shin Zu Shing has accumulated about 5.89 B in cash with 2.23 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 32.94.
Check Shin Zu Probability Of Bankruptcy

Shin Zu Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Shin Zu jumping above the current price in 90 days from now is about 10.39%. The Shin Zu Shing probability density function shows the probability of Shin Zu stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Shin Zu Shing has a beta of -0.1547. This suggests as returns on benchmark increase, returns on holding Shin Zu are expected to decrease at a much lower rate. During the bear market, however, Shin Zu Shing is likely to outperform the market. Additionally, the company has an alpha of 0.1513, implying that it can generate a 0.15 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 84.4HorizonTargetOdds Above 84.4
89.41%90 days
 84.40 
10.39%
Based on a normal probability distribution, the odds of Shin Zu to move above the current price in 90 days from now is about 10.39 (This Shin Zu Shing probability density function shows the probability of Shin Zu Stock to fall within a particular range of prices over 90 days) .

Shin Zu Shing Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Shin Zu market risk premium is the additional return an investor will receive from holding Shin Zu 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 Shin Zu. 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 Shin Zu's alpha and beta are two of the key measurements used to evaluate Shin Zu's performance over the market, the standard measures of volatility play an important role as well.

Shin Zu Stock Against Markets

Picking the right benchmark for Shin Zu 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 Shin Zu 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 Shin Zu is critical whether you are bullish or bearish towards Shin Zu Shing at a given time.

Shin Zu Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Shin Zu stock to make a market-neutral strategy. Peer analysis of Shin Zu could also be used in its relative valuation, which is a method of valuing Shin Zu by comparing valuation metrics with similar companies.
Tong-Tai Machine ToolTycoons Group EnterpriseNational AerospaceShin Zu ShingKaori Heat TreatmentSunonwealth ElectricGoodway Machine CorpAirtac InternationalWaffer Technology CorpAmerican AirlinesAlcoa CorpApple IncBest BuyCitigroupSentinelOne
 Risk & Return  Correlation

Shin Zu Corporate Directors

Shin Zu corporate directors refer to members of a Shin Zu board of directors. The board of directors generally takes responsibility for the Shin Zu'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 Shin Zu's board members must vote for the resolution. The Shin Zu board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Chaozong Ruan - Deputy General Manager, DirectorProfile
Zhifa Zheng - Independent DirectorProfile
Tingxiang Min - Independent DirectorProfile
Minwen Lu - DirectorProfile

Invested in Shin Zu Shing?

The danger of trading Shin Zu Shing 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 Shin Zu 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 Shin Zu. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Shin Zu Shing 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.
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When running Shin Zu Shing 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 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.
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Please note, there is a significant difference between Shin Zu's value and its price as these two are different measures arrived at by different means. Investors typically determine Shin Zu value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shin Zu's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.