Fortune Electric (Taiwan) Performance
| 1519 Stock | TWD 550.00 7.00 1.29% |
The firm shows a Beta (market volatility) of 0.94, which means possible diversification benefits within a given portfolio. Fortune Electric returns are very sensitive to returns on the market. As the market goes up or down, Fortune Electric is expected to follow. At this point, Fortune Electric has a negative expected return of -0.21%. Please make sure to confirm Fortune Electric's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Fortune Electric performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Fortune Electric Co has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in December 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 214.5 M | |
| Total Cashflows From Investing Activities | -477.5 M |
Fortune |
Fortune Electric Relative Risk vs. Return Landscape
If you would invest 65,200 in Fortune Electric Co on September 1, 2024 and sell it today you would lose (10,200) from holding Fortune Electric Co or give up 15.64% of portfolio value over 90 days. Fortune Electric Co is generating negative expected returns and assumes 3.2326% volatility on return distribution over the 90 days horizon. Simply put, 28% of stocks are less volatile than Fortune, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Fortune Electric Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fortune Electric's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Fortune Electric Co, and traders can use it to determine the average amount a Fortune Electric'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 = -0.0662
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1519 |
Estimated Market Risk
| 3.23 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fortune Electric 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 Fortune Electric by adding Fortune Electric to a well-diversified portfolio.
Fortune Electric Fundamentals Growth
Fortune Stock prices reflect investors' perceptions of the future prospects and financial health of Fortune Electric, and Fortune Electric 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 Fortune Stock performance.
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0295 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.06 % | |||
| Current Valuation | 14.51 B | |||
| Shares Outstanding | 261.06 M | |||
| Price To Earning | 26.31 X | |||
| Price To Book | 3.50 X | |||
| Price To Sales | 1.58 X | |||
| Revenue | 9.02 B | |||
| EBITDA | 536.42 M | |||
| Cash And Equivalents | 332.4 M | |||
| Cash Per Share | 1.27 X | |||
| Total Debt | 1.2 B | |||
| Debt To Equity | 70.70 % | |||
| Book Value Per Share | 13.95 X | |||
| Cash Flow From Operations | (437.95 M) | |||
| Earnings Per Share | 2.03 X | |||
| Total Asset | 9.92 B | |||
| Retained Earnings | 651 M | |||
| Current Asset | 5.05 B | |||
| Current Liabilities | 2.81 B | |||
About Fortune Electric Performance
Evaluating Fortune Electric's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Fortune Electric 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 Fortune Electric 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.
Fortune Electric Co., Ltd. manufactures and sells transformers in Taiwan, the United States, and Canada. Fortune Electric Co., Ltd. was founded in 1969 and is headquartered in Taoyuan, Taiwan. FORTUNE ELECTRIC operates under Diversified Industrials classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Fortune Electric performance evaluation
Checking the ongoing alerts about Fortune Electric for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Fortune Electric help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Fortune Electric generated a negative expected return over the last 90 days | |
| Fortune Electric has high historical volatility and very poor performance | |
| Fortune Electric has accumulated NT$1.2 Billion in debt which can lead to volatile earnings | |
| Fortune Electric Co has accumulated about 332.4 M in cash with (437.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.27. | |
| Roughly 50.0% of the company shares are owned by insiders or employees |
- Analyzing Fortune Electric'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 Fortune Electric's stock is overvalued or undervalued compared to its peers.
- Examining Fortune Electric'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 Fortune Electric's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fortune Electric's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Fortune Electric's stock. These opinions can provide insight into Fortune Electric's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Fortune Stock Analysis
When running Fortune Electric's price analysis, check to measure Fortune Electric'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 Fortune Electric is operating at the current time. Most of Fortune Electric's value examination focuses on studying past and present price action to predict the probability of Fortune Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortune Electric's price. Additionally, you may evaluate how the addition of Fortune Electric to your portfolios can decrease your overall portfolio volatility.