Sitronix Technology (Taiwan) Today
| 8016 Stock | TWD 274.00 6.50 2.43% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Sitronix Technology is selling for under 274.00 as of the 25th of April 2024; that is 2.43 percent increase since the beginning of the trading day. The stock's lowest day price was 269.0. Sitronix Technology 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 Sitronix Technology Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Sitronix Technology Corporation, a fabless semiconductor company, offers display driver integrated circuits . Sitronix Technology Corporation was incorporated in 1992 and is headquartered in Zhubei City, Taiwan. SITRONIX TECHNOLOGY operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.. The company has 119.59 M outstanding shares. More on Sitronix Technology Corp
Moving together with Sitronix Stock
| 0.71 | 8086 | Advanced Wireless Earnings Call This Week | PairCorr |
Moving against Sitronix Stock
| 0.52 | 6674 | Compal Broadband Networks | PairCorr |
Sitronix 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. Sitronix Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sitronix Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Yingwen Mao |
| Thematic Ideas | (View all Themes) |
| Business Concentration | IT, Computers, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductors, Technology, Computing (View all Sectors) |
Sitronix Technology Corp (8016) is traded on Taiwan Stock Exchange in Taiwan and employs 18 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 25.17 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sitronix Technology's market, we take the total number of its shares issued and multiply it by Sitronix Technology'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. Sitronix Technology Corp operates under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 119.59 M outstanding shares.
Sitronix Technology Corp has accumulated about 11.68 B in cash with 8.42 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 97.53.
Check Sitronix Technology Probability Of Bankruptcy
Ownership AllocationSitronix Technology maintains a total of 119.59 Million outstanding shares. Sitronix Technology Corp has 9.84 % of its outstanding shares held by insiders and 15.89 % owned by institutional holders. 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.
Check Sitronix Ownership Details
Sitronix Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Sitronix Technology jumping above the current price in 90 days from now is about 86.96%. The Sitronix Technology Corp probability density function shows the probability of Sitronix Technology stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Sitronix Technology has a beta of 0.3418. This suggests as returns on the market go up, Sitronix Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sitronix Technology Corp will be expected to be much smaller as well. Additionally, sitronix Technology 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 Sitronix Technology to move above the current price in 90 days from now is about 86.96 (This Sitronix Technology Corp probability density function shows the probability of Sitronix Stock to fall within a particular range of prices over 90 days) .
Sitronix Technology Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Sitronix Technology market risk premium is the additional return an investor will receive from holding Sitronix Technology 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 Sitronix Technology. 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 Sitronix Technology's alpha and beta are two of the key measurements used to evaluate Sitronix Technology's performance over the market, the standard measures of volatility play an important role as well.
Sitronix Stock Against Markets
Picking the right benchmark for Sitronix Technology 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 Sitronix Technology 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 Sitronix Technology is critical whether you are bullish or bearish towards Sitronix Technology Corp at a given time. Please also check how Sitronix Technology's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Sitronix Technology 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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Sitronix Technology Corporate Directors
Sitronix Technology corporate directors refer to members of a Sitronix Technology board of directors. The board of directors generally takes responsibility for the Sitronix Technology'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 Sitronix Technology's board members must vote for the resolution. The Sitronix Technology board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Yunu Lin | Independent Director | Profile | |
| Yixi Zheng | Chief Research and Development Officer, Director | Profile | |
| Jiesheng Xiao | Independent Director | Profile | |
| Decheng Du | Director | Profile |
How to buy Sitronix Stock?
Before investing in Sitronix Technology, 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 Sitronix Technology. To buy Sitronix Technology stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sitronix Technology. 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 Sitronix Technology stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sitronix Technology 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 Sitronix Technology 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 Sitronix Technology 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 Sitronix Technology Corp?
The danger of trading Sitronix Technology 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 Sitronix Technology 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 Sitronix Technology. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sitronix Technology 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 Sitronix Technology 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Sitronix Stock analysis
When running Sitronix Technology's price analysis, check to measure Sitronix 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 Sitronix Technology is operating at the current time. Most of Sitronix Technology's value examination focuses on studying past and present price action to predict the probability of Sitronix 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 Sitronix Technology's price. Additionally, you may evaluate how the addition of Sitronix Technology to your portfolios can decrease your overall portfolio volatility.
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