Optimax Technology Financials
| 3051 Stock | TWD 31.85 0.35 1.11% |
Optimax |
Understanding current and past Optimax Technology Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Optimax Technology's financial statements are interrelated, with each one affecting the others. For example, an increase in Optimax Technology's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Optimax Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Optimax Technology Corp. Check Optimax Technology's Beneish M Score to see the likelihood of Optimax Technology's management manipulating its earnings.
Optimax Technology Stock Summary
Optimax Technology competes with Asia Optical, Novatek Microelectronics, AU Optronics, HannsTouch Solution, and Hannstar Display. Optimax Technology Corporation manufactures and sells polarizers for liquid crystal display manufacturers. The company was founded in 1987 and is based in Taoyuan, Taiwan. OPTIMAX TECHNOLOGY is traded on Taiwan Stock Exchange in Taiwan.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0003051009 |
| Business Address | No 37, Ping-Dong |
| Sector | Electronic Equipment, Instruments & Components |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.optimax.com.tw/english/01.htm |
| Phone | 886 3 460 6677 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Optimax Technology without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Optimax Stock, because this is throwing your money away. Analyzing the key information contained in Optimax Technology's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Optimax Technology Key Financial Ratios
There are many critical financial ratios that Optimax Technology's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Optimax Technology Corp reports annually and quarterly.Optimax Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Optimax Technology's current stock value. Our valuation model uses many indicators to compare Optimax Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Optimax Technology competition to find correlations between indicators driving Optimax Technology's intrinsic value. More Info.Optimax Technology Corp 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 0.21 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Optimax Technology Corp is roughly 4.77 . 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 Optimax Technology's earnings, one of the primary drivers of an investment's value.Optimax Technology Corp Systematic Risk
Optimax Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Optimax Technology 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 Optimax Technology Corp correlated with the market. If Beta is less than 0 Optimax Technology generally moves in the opposite direction as compared to the market. If Optimax Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Optimax Technology Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Optimax Technology is generally in the same direction as the market. If Beta > 1 Optimax Technology moves generally in the same direction as, but more than the movement of the benchmark.
Optimax Technology November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Optimax Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Optimax Technology Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Optimax Technology Corp based on widely used predictive technical indicators. In general, we focus on analyzing Optimax Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Optimax Technology's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.13 | |||
| Information Ratio | 0.0451 | |||
| Maximum Drawdown | 12.74 | |||
| Value At Risk | (2.93) | |||
| Potential Upside | 4.84 |
Additional Tools for Optimax Stock Analysis
When running Optimax Technology's price analysis, check to measure Optimax Technology'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 Optimax Technology is operating at the current time. Most of Optimax Technology's value examination focuses on studying past and present price action to predict the probability of Optimax Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optimax Technology's price. Additionally, you may evaluate how the addition of Optimax Technology to your portfolios can decrease your overall portfolio volatility.