Good Finance Financials
| 6021 Stock | TWD 24.10 0.05 0.21% |
Good |
Understanding current and past Good Finance Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Good Finance's financial statements are interrelated, with each one affecting the others. For example, an increase in Good Finance's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Good Finance's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Good Finance Securities. Check Good Finance's Beneish M Score to see the likelihood of Good Finance's management manipulating its earnings.
Good Finance Stock Summary
Good Finance competes with IBF Financial, Capital Securities, President Securities, China Bills, and Yuanta Futures. Ta Ching Securities Co., Ltd. provides investment and financial services in Taiwan. Ta Ching Securities Co., Ltd. was founded in 1988 and is headquartered in Taipei, Taiwan. TA CHING operates under Capital Markets classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 348 people.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan OTC Exchange |
| ISIN | TW0006021009 |
| Business Address | No 174 and |
| Sector | Financial Services |
| Industry | Capital Markets |
| Benchmark | Dow Jones Industrial |
| Website | www.tcstock.com.tw |
| Phone | 886 2 2508 4888 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Good Finance without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Good Stock, because this is throwing your money away. Analyzing the key information contained in Good Finance's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Good Finance Key Financial Ratios
There are many critical financial ratios that Good Finance's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Good Finance Securities reports annually and quarterly.| Return On Equity | 0.0209 | |||
| Return On Asset | 0.0079 | |||
| Number Of Employees | 37 | |||
| Beta | 0.3 | |||
| Z Score | 3.0 |
Good Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Good Finance's current stock value. Our valuation model uses many indicators to compare Good Finance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Good Finance competition to find correlations between indicators driving Good Finance's intrinsic value. More Info.Good Finance Securities is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 0.38 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Good Finance Securities is roughly 2.65 . 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 Good Finance's earnings, one of the primary drivers of an investment's value.Good Finance Securities Systematic Risk
Good Finance's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Good Finance 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Good Finance Securities correlated with the market. If Beta is less than 0 Good Finance generally moves in the opposite direction as compared to the market. If Good Finance Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Good Finance Securities is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Good Finance is generally in the same direction as the market. If Beta > 1 Good Finance moves generally in the same direction as, but more than the movement of the benchmark.
Good Finance December 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Good Finance help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Good Finance Securities. We use our internally-developed statistical techniques to arrive at the intrinsic value of Good Finance Securities based on widely used predictive technical indicators. In general, we focus on analyzing Good Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Good Finance's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.47 | |||
| Information Ratio | 6.0E-4 | |||
| Maximum Drawdown | 13.65 | |||
| Value At Risk | (2.12) | |||
| Potential Upside | 3.8 |
Additional Tools for Good Stock Analysis
When running Good Finance's price analysis, check to measure Good Finance'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 Good Finance is operating at the current time. Most of Good Finance's value examination focuses on studying past and present price action to predict the probability of Good Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Good Finance's price. Additionally, you may evaluate how the addition of Good Finance to your portfolios can decrease your overall portfolio volatility.