Higher Way Financials
| 3268 Stock | TWD 23.80 0.05 0.21% |
Higher |
Understanding current and past Higher Way Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Higher Way's financial statements are interrelated, with each one affecting the others. For example, an increase in Higher Way's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Higher Way's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Higher Way Electronic. Check Higher Way's Beneish M Score to see the likelihood of Higher Way's management manipulating its earnings.
| Instrument | Taiwan Stock View All |
| Exchange | Taiwan OTC Exchange |
| ISIN | TW0003268009 |
| Business Address | No 925, Taiwan |
| Sector | Technology |
| Industry | Semiconductors |
| Benchmark | Dow Jones Industrial |
| Website | www.higherway.com.tw |
| Phone | 886 4 2355 0011 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Higher Way without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Higher Stock, because this is throwing your money away. Analyzing the key information contained in Higher Way's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Higher Way Key Financial Ratios
There are many critical financial ratios that Higher Way's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Higher Way Electronic reports annually and quarterly.| Return On Equity | 0.16 | |||
| Return On Asset | 0.0183 | |||
| Number Of Employees | 56 | |||
| Beta | 0.96 | |||
| Z Score | 14.8 |
Higher Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Higher Way's current stock value. Our valuation model uses many indicators to compare Higher Way value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Higher Way competition to find correlations between indicators driving Higher Way's intrinsic value. More Info.Higher Way Electronic 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 0.12 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Higher Way Electronic is roughly 8.52 . 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 Higher Way's earnings, one of the primary drivers of an investment's value.Higher Way Electronic Systematic Risk
Higher Way's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Higher Way 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Higher Way Electronic correlated with the market. If Beta is less than 0 Higher Way generally moves in the opposite direction as compared to the market. If Higher Way Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Higher Way Electronic is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Higher Way is generally in the same direction as the market. If Beta > 1 Higher Way moves generally in the same direction as, but more than the movement of the benchmark.
Higher Way Thematic Clasifications
Higher Way Electronic is part of Electronics 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. Electronic manufacturers. Companies manufacturing electronic appliances and goods
This theme covers Electronic manufacturers. Companies manufacturing electronic appliances and goods. Get More Thematic Ideas
| Electronics | View |
Higher Way December 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Higher Way help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Higher Way Electronic. We use our internally-developed statistical techniques to arrive at the intrinsic value of Higher Way Electronic based on widely used predictive technical indicators. In general, we focus on analyzing Higher Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Higher Way's daily price indicators and compare them against related drivers.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 13.05 | |||
| Value At Risk | (2.96) | |||
| Potential Upside | 3.05 |
Additional Tools for Higher Stock Analysis
When running Higher Way's price analysis, check to measure Higher Way'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 Higher Way is operating at the current time. Most of Higher Way's value examination focuses on studying past and present price action to predict the probability of Higher Way's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Higher Way's price. Additionally, you may evaluate how the addition of Higher Way to your portfolios can decrease your overall portfolio volatility.