Sunspring Metal Financials
| 2062 Stock | TWD 31.15 0.05 0.16% |
Sunspring |
Understanding current and past Sunspring Metal Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Sunspring Metal's financial statements are interrelated, with each one affecting the others. For example, an increase in Sunspring Metal's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Sunspring Metal's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Sunspring Metal Corp. Check Sunspring Metal's Beneish M Score to see the likelihood of Sunspring Metal's management manipulating its earnings.
Sunspring Metal Stock Summary
Sunspring Metal competes with Sunny Friend, TTET Union, ECOVE Environment, and Yulon Finance. Sunspring Metal Corporation manufactures and sells zinc, brass, and plastic parts worldwide. Sunspring Metal Corporation was founded in 1973 and is headquartered in Taichung, Taiwan. SUNSPRING METAL operates under Building Products Equipment classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002062007 |
| Business Address | No 386, Taichung, |
| Sector | Building Products |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.sunspring.com.tw |
| Phone | 886 4 2258 2062 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Sunspring Metal without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Sunspring Stock, because this is throwing your money away. Analyzing the key information contained in Sunspring Metal's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Sunspring Metal Key Financial Ratios
There are many critical financial ratios that Sunspring Metal's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Sunspring Metal Corp reports annually and quarterly.Sunspring Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sunspring Metal's current stock value. Our valuation model uses many indicators to compare Sunspring Metal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sunspring Metal competition to find correlations between indicators driving Sunspring Metal's intrinsic value. More Info.Sunspring Metal Corp 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 reporting about 0.30 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sunspring Metal Corp is roughly 3.30 . 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 Sunspring Metal's earnings, one of the primary drivers of an investment's value.Sunspring Metal Corp Systematic Risk
Sunspring Metal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sunspring Metal 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 Sunspring Metal Corp correlated with the market. If Beta is less than 0 Sunspring Metal generally moves in the opposite direction as compared to the market. If Sunspring Metal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sunspring Metal Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sunspring Metal is generally in the same direction as the market. If Beta > 1 Sunspring Metal moves generally in the same direction as, but more than the movement of the benchmark.
Sunspring Metal Thematic Clasifications
Sunspring Metal Corp is part of several thematic ideas from Heavy Metals to Copper. 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. Get More Thematic IdeasSunspring Metal November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Sunspring Metal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sunspring Metal Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sunspring Metal Corp based on widely used predictive technical indicators. In general, we focus on analyzing Sunspring Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sunspring Metal's daily price indicators and compare them against related drivers.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 13.53 | |||
| Value At Risk | (4.92) | |||
| Potential Upside | 4.41 |
Additional Tools for Sunspring Stock Analysis
When running Sunspring Metal's price analysis, check to measure Sunspring Metal'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 Sunspring Metal is operating at the current time. Most of Sunspring Metal's value examination focuses on studying past and present price action to predict the probability of Sunspring Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunspring Metal's price. Additionally, you may evaluate how the addition of Sunspring Metal to your portfolios can decrease your overall portfolio volatility.