Tex Ray (Taiwan) Performance
| 1467 Stock | TWD 10.45 0.10 0.97% |
The entity has a beta of 0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tex Ray's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tex Ray is expected to be smaller as well. At this point, Tex Ray Industrial has a negative expected return of -0.14%. Please make sure to validate Tex Ray's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Tex Ray Industrial performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Tex Ray Industrial Co has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 1.4 B | |
| Total Cashflows From Investing Activities | -179 M |
Tex |
Tex Ray Relative Risk vs. Return Landscape
If you would invest 1,135 in Tex Ray Industrial Co on November 19, 2024 and sell it today you would lose (90.00) from holding Tex Ray Industrial Co or give up 7.93% of portfolio value over 90 days. Tex Ray Industrial Co is generating negative expected returns and assumes 0.8902% volatility on return distribution over the 90 days horizon. Simply put, 7% of stocks are less volatile than Tex, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Tex Ray Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tex Ray's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tex Ray Industrial Co, and traders can use it to determine the average amount a Tex Ray's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1583
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1467 |
Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tex Ray is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Tex Ray by adding Tex Ray to a well-diversified portfolio.
Tex Ray Fundamentals Growth
Tex Stock prices reflect investors' perceptions of the future prospects and financial health of Tex Ray, and Tex Ray fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Tex Stock performance.
| Return On Equity | 0.0185 | |||
| Return On Asset | 0.0095 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 4.84 B | |||
| Shares Outstanding | 233.62 M | |||
| Price To Earning | 38.37 X | |||
| Price To Book | 0.91 X | |||
| Price To Sales | 0.41 X | |||
| Revenue | 6.64 B | |||
| EBITDA | 392.59 M | |||
| Cash And Equivalents | 1.03 B | |||
| Cash Per Share | 4.42 X | |||
| Total Debt | 1.69 B | |||
| Debt To Equity | 121.20 % | |||
| Book Value Per Share | 13.40 X | |||
| Cash Flow From Operations | (329.95 M) | |||
| Earnings Per Share | 0.30 X | |||
| Total Asset | 8.62 B | |||
| Retained Earnings | 373 M | |||
| Current Asset | 4.05 B | |||
| Current Liabilities | 2.87 B | |||
About Tex Ray Performance
Evaluating Tex Ray's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tex Ray has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Tex Ray has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Tex-Ray Industrial Co., Ltd. manufactures and retails yarns and fabrics. The company was founded in 1978 and is headquartered in Taipei City, Taiwan. TEX RAY operates under Apparel Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Tex Ray Industrial performance evaluation
Checking the ongoing alerts about Tex Ray for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tex Ray Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tex Ray Industrial generated a negative expected return over the last 90 days | |
| Tex Ray Industrial has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 6.64 B. Net Loss for the year was (30.88 M) with profit before overhead, payroll, taxes, and interest of 1.33 B. | |
| Tex Ray Industrial Co has accumulated about 1.03 B in cash with (329.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.42. | |
| Roughly 55.0% of the company shares are owned by insiders or employees |
- Analyzing Tex Ray's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Tex Ray's stock is overvalued or undervalued compared to its peers.
- Examining Tex Ray's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Tex Ray's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tex Ray's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tex Ray's stock. These opinions can provide insight into Tex Ray's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Tex Stock Analysis
When running Tex Ray's price analysis, check to measure Tex Ray'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 Tex Ray is operating at the current time. Most of Tex Ray's value examination focuses on studying past and present price action to predict the probability of Tex Ray's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tex Ray's price. Additionally, you may evaluate how the addition of Tex Ray to your portfolios can decrease your overall portfolio volatility.