Sports Gear Financials
| 6768 Stock | TWD 147.50 1.00 0.67% |
Sports |
Understanding current and past Sports Gear Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Sports Gear's financial statements are interrelated, with each one affecting the others. For example, an increase in Sports Gear's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Sports Gear's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Sports Gear Co. Check Sports Gear's Beneish M Score to see the likelihood of Sports Gear's management manipulating its earnings.
Sports Gear Stock Summary
Sports Gear competes with Giant Manufacturing, Johnson Health, Power Wind. Sports Gear Co., Ltd., an OEM manufacturer company, produces and sells football shoes, footballs, and American footballs in Taiwan and internationally. The company was founded in 1992 and is based in Taichung City, Taiwan. SPORTS GEAR is traded on Taiwan Stock Exchange in Taiwan.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | KYG8368S1003 |
| Business Address | No 266, Shifen |
| Sector | Consumer Cyclical |
| Industry | Leisure |
| Benchmark | Dow Jones Industrial |
| Website | www.sportsgear.com.tw |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Sports Gear without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Sports Stock, because this is throwing your money away. Analyzing the key information contained in Sports Gear's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Sports Gear Key Financial Ratios
There are many critical financial ratios that Sports Gear's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Sports Gear reports annually and quarterly.Sports Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sports Gear's current stock value. Our valuation model uses many indicators to compare Sports Gear value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sports Gear competition to find correlations between indicators driving Sports Gear's intrinsic value. More Info.Sports Gear 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 reporting about 0.51 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sports Gear Co is roughly 1.95 . 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 Sports Gear's earnings, one of the primary drivers of an investment's value.Sports Gear Systematic Risk
Sports Gear's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sports Gear 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 Sports Gear correlated with the market. If Beta is less than 0 Sports Gear generally moves in the opposite direction as compared to the market. If Sports Gear Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sports Gear is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sports Gear is generally in the same direction as the market. If Beta > 1 Sports Gear moves generally in the same direction as, but more than the movement of the benchmark.
Sports Gear Thematic Clasifications
Sports Gear Co is part of several thematic ideas from Sport Products to Entertainment. 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. Get More Thematic IdeasSports Gear November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Sports Gear help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sports Gear Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sports Gear Co based on widely used predictive technical indicators. In general, we focus on analyzing Sports Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sports Gear's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.35 | |||
| Information Ratio | 0.2283 | |||
| Maximum Drawdown | 16.76 | |||
| Value At Risk | (3.14) | |||
| Potential Upside | 8.54 |
Additional Tools for Sports Stock Analysis
When running Sports Gear's price analysis, check to measure Sports Gear'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 Sports Gear is operating at the current time. Most of Sports Gear's value examination focuses on studying past and present price action to predict the probability of Sports Gear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sports Gear's price. Additionally, you may evaluate how the addition of Sports Gear to your portfolios can decrease your overall portfolio volatility.