ITE Tech Financials
| 3014 Stock | TWD 140.50 2.00 1.44% |
ITE |
Understanding current and past ITE Tech Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ITE Tech's financial statements are interrelated, with each one affecting the others. For example, an increase in ITE Tech's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in ITE Tech's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ITE Tech. Check ITE Tech's Beneish M Score to see the likelihood of ITE Tech's management manipulating its earnings.
ITE Tech Stock Summary
ITE Tech competes with United Microelectronics, and Winbond Electronics. Inc, a professional fabless IC design company, provides IO, keyboard, and embedded controller technology products in Taiwan and internationally. Inc was founded in 1996 and is headquartered in Hsinchu, Taiwan. ITE TECH operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0003014007 |
| Business Address | No 13, Chuangsin |
| Sector | Semiconductors & Semiconductor Equipment |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.ite.com.tw |
| Phone | 886 3 579 8658 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in ITE Tech without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of ITE Stock, because this is throwing your money away. Analyzing the key information contained in ITE Tech's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
ITE Tech Key Financial Ratios
There are many critical financial ratios that ITE Tech's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that ITE Tech reports annually and quarterly.ITE Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ITE Tech's current stock value. Our valuation model uses many indicators to compare ITE Tech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ITE Tech competition to find correlations between indicators driving ITE Tech's intrinsic value. More Info.ITE Tech is rated second in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about 0.52 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ITE Tech is roughly 1.93 . 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 ITE Tech's earnings, one of the primary drivers of an investment's value.ITE Tech Systematic Risk
ITE Tech's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ITE Tech 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on ITE Tech correlated with the market. If Beta is less than 0 ITE Tech generally moves in the opposite direction as compared to the market. If ITE Tech Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ITE Tech is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ITE Tech is generally in the same direction as the market. If Beta > 1 ITE Tech moves generally in the same direction as, but more than the movement of the benchmark.
ITE Tech November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ITE Tech help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ITE Tech. We use our internally-developed statistical techniques to arrive at the intrinsic value of ITE Tech based on widely used predictive technical indicators. In general, we focus on analyzing ITE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ITE Tech's daily price indicators and compare them against related drivers.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 14.05 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 2.6 |
Additional Tools for ITE Stock Analysis
When running ITE Tech's price analysis, check to measure ITE Tech'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 ITE Tech is operating at the current time. Most of ITE Tech's value examination focuses on studying past and present price action to predict the probability of ITE Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITE Tech's price. Additionally, you may evaluate how the addition of ITE Tech to your portfolios can decrease your overall portfolio volatility.