Victory New Financials
| 1340 Stock | TWD 9.86 0.08 0.80% |
Victory |
Understanding current and past Victory New Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Victory New's financial statements are interrelated, with each one affecting the others. For example, an increase in Victory New's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Victory New's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Victory New Materials. Check Victory New's Beneish M Score to see the likelihood of Victory New's management manipulating its earnings.
Victory New Stock Summary
Victory New competes with Asia Plastic, Hunya Foods, Jinli Group, Kwong Fong, and De Licacy. Victory New Materials Limited Company manufactures and sells shoe materials in China and internationally. The company was founded in 2012 and is based in Jinjiang, China. VICTORY NEW is traded on Taiwan Stock Exchange in Taiwan.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | KYG935971054 |
| Business Address | Lianyu Industrial Zone, |
| Sector | Consumer Cyclical |
| Industry | Footwear & Accessories |
| Benchmark | Dow Jones Industrial |
| Website | www.vnm.com.tw |
| Phone | 86 595 8288 9862 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Victory New without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Victory Stock, because this is throwing your money away. Analyzing the key information contained in Victory New's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Victory New Key Financial Ratios
There are many critical financial ratios that Victory New's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Victory New Materials reports annually and quarterly.| Return On Equity | -0.1 | |||
| Return On Asset | -0.0605 | |||
| Target Price | 4.01 | |||
| Number Of Employees | 11 | |||
| Beta | 0.88 |
Victory Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Victory New's current stock value. Our valuation model uses many indicators to compare Victory New value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Victory New competition to find correlations between indicators driving Victory New's intrinsic value. More Info.Victory New Materials is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . 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 Victory New's earnings, one of the primary drivers of an investment's value.Victory New Materials Systematic Risk
Victory New's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Victory New 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Victory New Materials correlated with the market. If Beta is less than 0 Victory New generally moves in the opposite direction as compared to the market. If Victory New Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Victory New Materials is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Victory New is generally in the same direction as the market. If Beta > 1 Victory New moves generally in the same direction as, but more than the movement of the benchmark.
Victory New Thematic Clasifications
Victory New Materials is part of Plastics 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. Rubber and plastics accessories. Companies manufacturing rubber and plastics accessories
This theme covers Rubber and plastics accessories. Companies manufacturing rubber and plastics accessories. Get More Thematic Ideas
| Plastics | View |
Victory New November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Victory New help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Victory New Materials. We use our internally-developed statistical techniques to arrive at the intrinsic value of Victory New Materials based on widely used predictive technical indicators. In general, we focus on analyzing Victory Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Victory New's daily price indicators and compare them against related drivers.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 11.78 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 1.9 |
Additional Tools for Victory Stock Analysis
When running Victory New's price analysis, check to measure Victory New'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 Victory New is operating at the current time. Most of Victory New's value examination focuses on studying past and present price action to predict the probability of Victory New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Victory New's price. Additionally, you may evaluate how the addition of Victory New to your portfolios can decrease your overall portfolio volatility.