Taichung Commercial Financials
| 2812 Stock | TWD 18.15 0.10 0.55% |
Taichung |
Understanding current and past Taichung Commercial Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Taichung Commercial's financial statements are interrelated, with each one affecting the others. For example, an increase in Taichung Commercial's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Taichung Commercial's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Taichung Commercial Bank. Check Taichung Commercial's Beneish M Score to see the likelihood of Taichung Commercial's management manipulating its earnings.
Taichung Commercial Stock Summary
Taichung Commercial competes with Fubon Financial, Cathay Financial, and ESUN Financial. Taichung Commercial Bank Co., Ltd. provides various banking products and services in Taiwan. Taichung Commercial Bank Co., Ltd. was founded in 1952 and is headquartered in Taichung, Taiwan. TAICHUNG COMMERCIAL operates under BanksRegional classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002812005 |
| Business Address | No 87, Min |
| Sector | Banks |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Website | www.tcbbank.com.tw |
| Phone | 886 4 2227 4567 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Taichung Commercial without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Taichung Stock, because this is throwing your money away. Analyzing the key information contained in Taichung Commercial's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Taichung Commercial Key Financial Ratios
There are many critical financial ratios that Taichung Commercial's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Taichung Commercial Bank reports annually and quarterly.| Return On Equity | 0.0828 | |||
| Return On Asset | 0.0067 | |||
| Target Price | 13.05 | |||
| Number Of Employees | 37 | |||
| Beta | 0.32 |
Taichung Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Taichung Commercial's current stock value. Our valuation model uses many indicators to compare Taichung Commercial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Taichung Commercial competition to find correlations between indicators driving Taichung Commercial's intrinsic value. More Info.Taichung Commercial Bank is rated fourth in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about 0.08 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Taichung Commercial Bank is roughly 12.36 . 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 Taichung Commercial's earnings, one of the primary drivers of an investment's value.Taichung Commercial Bank Systematic Risk
Taichung Commercial's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Taichung Commercial 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Taichung Commercial Bank correlated with the market. If Beta is less than 0 Taichung Commercial generally moves in the opposite direction as compared to the market. If Taichung Commercial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Taichung Commercial Bank is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Taichung Commercial is generally in the same direction as the market. If Beta > 1 Taichung Commercial moves generally in the same direction as, but more than the movement of the benchmark.
Taichung Commercial Thematic Clasifications
Taichung Commercial Bank is part of Banks 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. All money banks and credit services. Large and small money and credit banks and credit services
This theme covers All money banks and credit services. Large and small money and credit banks and credit services. Get More Thematic Ideas
| Banks | View |
Taichung Commercial November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Taichung Commercial help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Taichung Commercial Bank. We use our internally-developed statistical techniques to arrive at the intrinsic value of Taichung Commercial Bank based on widely used predictive technical indicators. In general, we focus on analyzing Taichung Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Taichung Commercial's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.701 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 3.33 | |||
| Value At Risk | (0.84) | |||
| Potential Upside | 1.13 |
Additional Tools for Taichung Stock Analysis
When running Taichung Commercial's price analysis, check to measure Taichung Commercial'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 Taichung Commercial is operating at the current time. Most of Taichung Commercial's value examination focuses on studying past and present price action to predict the probability of Taichung Commercial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taichung Commercial's price. Additionally, you may evaluate how the addition of Taichung Commercial to your portfolios can decrease your overall portfolio volatility.