Newmax Technology Financials
| 3630 Stock | TWD 26.00 0.05 0.19% |
Newmax |
Understanding current and past Newmax Technology Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Newmax Technology's financial statements are interrelated, with each one affecting the others. For example, an increase in Newmax Technology's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Newmax Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Newmax Technology Co. Check Newmax Technology's Beneish M Score to see the likelihood of Newmax Technology's management manipulating its earnings.
Newmax Technology Stock Summary
Newmax Technology competes with Genius Electronic, Asia Optical, LARGAN Precision, Sino American, and Ability Opto. Newmax Technology Co., Ltd. engages in the manufacture, sale, and design of photographicoptical equipment, electronic partscomponents, and electrical machinerysupplies in China, Taiwan, Japan, and Vietnam. The company was founded in 1999 and is based in Taichung, Taiwan. NEWMAX TECHNOLOGY operates under Electronic Components classification in Taiwan and is traded on Taiwan OTC Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan OTC Exchange |
| ISIN | TW0003630000 |
| Business Address | No 269, Houke |
| Sector | Technology |
| Industry | Electronic Components |
| Benchmark | Dow Jones Industrial |
| Website | www.newmax.com.tw |
| Phone | 886 4 2369 6889 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Newmax Technology without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Newmax Stock, because this is throwing your money away. Analyzing the key information contained in Newmax Technology's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Newmax Technology Key Financial Ratios
There are many critical financial ratios that Newmax Technology's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Newmax Technology reports annually and quarterly.| Return On Equity | -0.15 | |||
| Return On Asset | -0.0597 | |||
| Number Of Employees | 29 | |||
| Beta | 1.19 | |||
| Z Score | 1.8 |
Newmax Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Newmax Technology's current stock value. Our valuation model uses many indicators to compare Newmax Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Newmax Technology competition to find correlations between indicators driving Newmax Technology's intrinsic value. More Info.Newmax Technology Co is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers . 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 Newmax Technology's earnings, one of the primary drivers of an investment's value.Newmax Technology Systematic Risk
Newmax Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Newmax 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 fourty-two with a total number of output elements of nineteen. The Beta measures systematic risk based on how returns on Newmax Technology correlated with the market. If Beta is less than 0 Newmax Technology generally moves in the opposite direction as compared to the market. If Newmax Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Newmax Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Newmax Technology is generally in the same direction as the market. If Beta > 1 Newmax Technology moves generally in the same direction as, but more than the movement of the benchmark.
Newmax Technology December 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Newmax Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Newmax Technology Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Newmax Technology Co based on widely used predictive technical indicators. In general, we focus on analyzing Newmax Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Newmax Technology's daily price indicators and compare them against related drivers.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 8.14 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 2.39 |
Additional Tools for Newmax Stock Analysis
When running Newmax Technology's price analysis, check to measure Newmax 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 Newmax Technology is operating at the current time. Most of Newmax Technology's value examination focuses on studying past and present price action to predict the probability of Newmax 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 Newmax Technology's price. Additionally, you may evaluate how the addition of Newmax Technology to your portfolios can decrease your overall portfolio volatility.