Coremax Corp Financials
4739 Stock | TWD 62.00 0.60 0.96% |
Coremax |
Understanding current and past Coremax Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Coremax Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Coremax Corp's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Coremax Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Coremax Corp. Check Coremax Corp's Beneish M Score to see the likelihood of Coremax Corp's management manipulating its earnings.
Coremax Corp Stock Summary
Coremax Corp competes with Delta Electronics, China Steel, Hota Industrial, Ruentex Development, and Symtek Automation. Coremax Corporation researches, develops, produces, manufactures, and sells metal-based specialty chemicals and electronic materials in Taiwan, China, and Thailand. The company was founded in 1992 and is headquartered in Hsinchu City, Taiwan. COREMAX CORPORATION operates under Specialty Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange.Instrument | Taiwan Stock View All |
Exchange | Taiwan Stock Exchange |
ISIN | TW0004739008 |
Business Address | No11, Wenhua Road, |
Sector | Basic Materials |
Industry | Specialty Chemicals |
Benchmark | Dow Jones Industrial |
Website | www.coremaxcorp.com |
Phone | 886 3 598 3101 |
Currency | TWD - New Taiwan Dollar |
You should never invest in Coremax Corp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Coremax Stock, because this is throwing your money away. Analyzing the key information contained in Coremax Corp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Coremax Corp Key Financial Ratios
There are many critical financial ratios that Coremax Corp's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Coremax Corp reports annually and quarterly.Return On Equity | 0.12 | |||
Return On Asset | 0.0453 | |||
Target Price | 179.0 | |||
Number Of Employees | 17 | |||
Beta | 1.49 |
Coremax Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Coremax Corp's current stock value. Our valuation model uses many indicators to compare Coremax Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Coremax Corp competition to find correlations between indicators driving Coremax Corp's intrinsic value. More Info.Coremax Corp 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 0.39 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Coremax Corp is roughly 2.58 . 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 Coremax Corp's earnings, one of the primary drivers of an investment's value.Coremax Corp Systematic Risk
Coremax Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Coremax Corp 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 Coremax Corp correlated with the market. If Beta is less than 0 Coremax Corp generally moves in the opposite direction as compared to the market. If Coremax Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Coremax Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Coremax Corp is generally in the same direction as the market. If Beta > 1 Coremax Corp moves generally in the same direction as, but more than the movement of the benchmark.
Coremax Corp November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Coremax Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Coremax Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Coremax Corp based on widely used predictive technical indicators. In general, we focus on analyzing Coremax Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Coremax Corp's daily price indicators and compare them against related drivers.
Downside Deviation | 1.73 | |||
Information Ratio | (0.04) | |||
Maximum Drawdown | 7.4 | |||
Value At Risk | (2.10) | |||
Potential Upside | 2.88 |
Additional Tools for Coremax Stock Analysis
When running Coremax Corp's price analysis, check to measure Coremax Corp'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 Coremax Corp is operating at the current time. Most of Coremax Corp's value examination focuses on studying past and present price action to predict the probability of Coremax Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coremax Corp's price. Additionally, you may evaluate how the addition of Coremax Corp to your portfolios can decrease your overall portfolio volatility.