Sunspring Metal (Taiwan) Performance
| 2062 Stock | TWD 31.90 0.20 0.63% |
The entity has a beta of 0.88, which indicates possible diversification benefits within a given portfolio. Sunspring Metal returns are very sensitive to returns on the market. As the market goes up or down, Sunspring Metal is expected to follow. At this point, Sunspring Metal Corp has a negative expected return of -0.27%. Please make sure to validate Sunspring Metal's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Sunspring Metal Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Sunspring Metal Corp 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 | 696.7 M | |
| Total Cashflows From Investing Activities | -341.2 M |
Sunspring |
Sunspring Metal Relative Risk vs. Return Landscape
If you would invest 3,885 in Sunspring Metal Corp on August 29, 2024 and sell it today you would lose (695.00) from holding Sunspring Metal Corp or give up 17.89% of portfolio value over 90 days. Sunspring Metal Corp is generating negative expected returns and assumes 2.8477% volatility on return distribution over the 90 days horizon. Simply put, 25% of stocks are less volatile than Sunspring, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Sunspring Metal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sunspring Metal's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sunspring Metal Corp, and traders can use it to determine the average amount a Sunspring Metal'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 = -0.0956
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| Negative Returns | 2062 |
Estimated Market Risk
| 2.85 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sunspring Metal 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 Sunspring Metal by adding Sunspring Metal to a well-diversified portfolio.
Sunspring Metal Fundamentals Growth
Sunspring Stock prices reflect investors' perceptions of the future prospects and financial health of Sunspring Metal, and Sunspring Metal 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 Sunspring Stock performance.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0369 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 8.18 B | |||
| Shares Outstanding | 199.99 M | |||
| Price To Earning | 45.69 X | |||
| Price To Book | 0.61 X | |||
| Price To Sales | 0.50 X | |||
| Revenue | 9.64 B | |||
| EBITDA | 1.32 B | |||
| Cash And Equivalents | 577.49 M | |||
| Cash Per Share | 3.50 X | |||
| Total Debt | 2.99 B | |||
| Debt To Equity | 1.06 % | |||
| Book Value Per Share | 36.67 X | |||
| Cash Flow From Operations | (1.06 B) | |||
| Earnings Per Share | 4.14 X | |||
| Total Asset | 14.26 B | |||
About Sunspring Metal Performance
Evaluating Sunspring Metal's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Sunspring Metal 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 Sunspring Metal 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.
Sunspring Metal Corporation manufactures and sells zinc, brass, and plastic parts worldwide. Sunspring Metal Corporation was founded in 1973 and is headquartered in Taichung, Taiwan. SUNSPRING METAL operates under Building Products Equipment classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Sunspring Metal Corp performance evaluation
Checking the ongoing alerts about Sunspring Metal for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sunspring Metal Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sunspring Metal Corp generated a negative expected return over the last 90 days | |
| Sunspring Metal Corp has accumulated about 577.49 M in cash with (1.06 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.5. | |
| Roughly 55.0% of the company shares are owned by insiders or employees |
- Analyzing Sunspring Metal'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 Sunspring Metal's stock is overvalued or undervalued compared to its peers.
- Examining Sunspring Metal'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 Sunspring Metal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sunspring Metal's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sunspring Metal's stock. These opinions can provide insight into Sunspring Metal's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Sunspring Stock Analysis
When running Sunspring Metal's price analysis, check to measure Sunspring Metal'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 Sunspring Metal is operating at the current time. Most of Sunspring Metal's value examination focuses on studying past and present price action to predict the probability of Sunspring Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunspring Metal's price. Additionally, you may evaluate how the addition of Sunspring Metal to your portfolios can decrease your overall portfolio volatility.