Taita Chemical Financials
1309 Stock | TWD 16.20 0.15 0.92% |
Taita |
Understanding current and past Taita Chemical Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Taita Chemical's financial statements are interrelated, with each one affecting the others. For example, an increase in Taita Chemical's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Taita Chemical's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Taita Chemical Co. Check Taita Chemical's Beneish M Score to see the likelihood of Taita Chemical's management manipulating its earnings.
Taita Chemical Stock Summary
Taita Chemical competes with China General, Asia Polymer, USI Corp, Grand Pacific, and UPC Technology. Taita Chemical Company, Limited produces and sells styrenics in Taiwan, Mainland China, Hong Kong, and the United States. Taita Chemical Company, Limited was incorporated in 1960 and is headquartered in Taipei, Taiwan. TAITA CHEMICAL operates under Specialty Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange.Instrument | Taiwan Stock View All |
Exchange | Taiwan Stock Exchange |
ISIN | TW0001309003 |
Business Address | No 37, Jihu |
Sector | Chemicals |
Industry | Materials |
Benchmark | Dow Jones Industrial |
Website | www.ttc.com.tw |
Phone | 886 2 8751 6888 |
Currency | TWD - New Taiwan Dollar |
You should never invest in Taita Chemical without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Taita Stock, because this is throwing your money away. Analyzing the key information contained in Taita Chemical's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Taita Chemical Key Financial Ratios
There are many critical financial ratios that Taita Chemical's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Taita Chemical reports annually and quarterly.Taita Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Taita Chemical's current stock value. Our valuation model uses many indicators to compare Taita Chemical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Taita Chemical competition to find correlations between indicators driving Taita Chemical's intrinsic value. More Info.Taita Chemical Co is rated second in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about 0.39 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Taita Chemical Co is roughly 2.54 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Taita Chemical's earnings, one of the primary drivers of an investment's value.Taita Chemical Systematic Risk
Taita Chemical's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Taita Chemical volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Taita Chemical correlated with the market. If Beta is less than 0 Taita Chemical generally moves in the opposite direction as compared to the market. If Taita Chemical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Taita Chemical is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Taita Chemical is generally in the same direction as the market. If Beta > 1 Taita Chemical moves generally in the same direction as, but more than the movement of the benchmark.
Taita Chemical Thematic Clasifications
Taita Chemical Co is part of Synthetics investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Synthetics production and silicon. Companies involved in production of silicon and other synthetic products
This theme covers Synthetics production and silicon. Companies involved in production of silicon and other synthetic products . Get More Thematic Ideas
Synthetics | View |
Taita Chemical November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Taita Chemical help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Taita Chemical Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Taita Chemical Co based on widely used predictive technical indicators. In general, we focus on analyzing Taita Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Taita Chemical's daily price indicators and compare them against related drivers.
Information Ratio | (0.06) | |||
Maximum Drawdown | 17.33 | |||
Value At Risk | (4.70) | |||
Potential Upside | 4.5 |
Additional Tools for Taita Stock Analysis
When running Taita Chemical's price analysis, check to measure Taita Chemical'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 Taita Chemical is operating at the current time. Most of Taita Chemical's value examination focuses on studying past and present price action to predict the probability of Taita Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taita Chemical's price. Additionally, you may evaluate how the addition of Taita Chemical to your portfolios can decrease your overall portfolio volatility.