Medtecs International (Taiwan) Today
| 9103 Stock | TWD 6.85 0.10 1.44% |
Performance0 of 100
| Odds Of DistressLess than 45
|
Medtecs International is selling for under 6.85 as of the 16th of May 2024; that is -1.44 percent decrease since the beginning of the trading day. The stock's lowest day price was 6.85. Medtecs International has 45 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Medtecs International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of May 2022 and ending today, the 16th of May 2024. Click here to learn more.
Medtecs International Corporation Limited, an integrated healthcare products and services provider, manufactures and distributes medical consumables for healthcare distributors, pharmaceutical companies, and hospital groups worldwide. The company was founded in 1989 and is headquartered in Taipei City, Taiwan. The company has 544.91 M outstanding shares. More on Medtecs International
Moving together with Medtecs Stock
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Moving against Medtecs Stock
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| 0.59 | 0057 | Fubon MSCI Taiwan | PairCorr |
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| 0.51 | 4126 | Pacific Hospital Supply | PairCorr |
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Follow Valuation Odds of Bankruptcy
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Medtecs 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. Medtecs International's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Medtecs International or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Chairman | Weiyuan Yang |
| Business Concentration | Medical Devices, Healthcare (View all Sectors) |
Medtecs International (9103) is traded on Taiwan Stock Exchange in Taiwan and employs 15 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.9 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Medtecs International's market, we take the total number of its shares issued and multiply it by Medtecs International'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. Medtecs International operates under Healthcare sector and is part of Medical Devices industry. The entity has 544.91 M outstanding shares.
Medtecs International has accumulated about 8.21 M in cash with 29.76 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Medtecs International Probability Of Bankruptcy
Medtecs Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Medtecs International jumping above the current price in 90 days from now is about 71.26%. The Medtecs International probability density function shows the probability of Medtecs International stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Medtecs International has a beta of 0.4565. This suggests as returns on the market go up, Medtecs International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Medtecs International will be expected to be much smaller as well. Additionally, medtecs International 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 Medtecs International to move above the current price in 90 days from now is about 71.26 (This Medtecs International probability density function shows the probability of Medtecs Stock to fall within a particular range of prices over 90 days) .
Medtecs International Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Medtecs International market risk premium is the additional return an investor will receive from holding Medtecs International 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 Medtecs International. 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 Medtecs International's alpha and beta are two of the key measurements used to evaluate Medtecs International's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.01 | |||
| Standard Deviation | 2.89 | |||
| Variance | 8.35 | |||
| Risk Adjusted Performance | 0.0072 |
Medtecs Stock Against Markets
Picking the right benchmark for Medtecs International 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 Medtecs International 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 Medtecs International is critical whether you are bullish or bearish towards Medtecs International at a given time. Please also check how Medtecs International'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 Medtecs International 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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Medtecs International Corporate Management
Elected by the shareholders, the Medtecs International's board of directors comprises two types of representatives: Medtecs International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Medtecs. The board's role is to monitor Medtecs International's management team and ensure that shareholders' interests are well served. Medtecs International's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Medtecs International's outside directors are responsible for providing unbiased perspectives on the board's policies.
| KerYi Yang | VP Marketing | Profile | |
| Chien Wan | G Counsel | Profile | |
| YiChing Lin | Chief Officer | Profile | |
| LLB LLB | Company Sec | Profile |
How to buy Medtecs Stock?
Before investing in Medtecs International, 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 Medtecs International. To buy Medtecs International stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Medtecs International. 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 Medtecs International stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Medtecs International 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 Medtecs International 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 Medtecs International, 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 Medtecs International?
The danger of trading Medtecs International 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 Medtecs International 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 Medtecs International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Medtecs International 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 Medtecs International. 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 Medtecs Stock analysis
When running Medtecs International's price analysis, check to measure Medtecs International'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 Medtecs International is operating at the current time. Most of Medtecs International's value examination focuses on studying past and present price action to predict the probability of Medtecs International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medtecs International's price. Additionally, you may evaluate how the addition of Medtecs International to your portfolios can decrease your overall portfolio volatility.
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