Cheng Shin (Taiwan) Performance
| 2105 Stock | TWD 50.60 0.20 0.40% |
Cheng Shin has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cheng Shin are expected to decrease at a much lower rate. During the bear market, Cheng Shin is likely to outperform the market. Cheng Shin Rubber right now shows a risk of 2.22%. Please confirm Cheng Shin Rubber market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Cheng Shin Rubber will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Cheng Shin Rubber are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, Cheng Shin is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 19.1 B | |
| Total Cashflows From Investing Activities | -4.3 B |
Cheng |
Cheng Shin Relative Risk vs. Return Landscape
If you would invest 5,000 in Cheng Shin Rubber on September 1, 2024 and sell it today you would earn a total of 60.00 from holding Cheng Shin Rubber or generate 1.2% return on investment over 90 days. Cheng Shin Rubber is generating 0.0425% of daily returns and assumes 2.2227% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Cheng, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Cheng Shin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cheng Shin's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cheng Shin Rubber, and traders can use it to determine the average amount a Cheng Shin'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 = 0.0191
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| Negative Returns | 2105 |
Estimated Market Risk
| 2.22 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Cheng Shin is performing at about 1% of its full potential. 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 Cheng Shin by adding it to a well-diversified portfolio.
Cheng Shin Fundamentals Growth
Cheng Stock prices reflect investors' perceptions of the future prospects and financial health of Cheng Shin, and Cheng Shin 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 Cheng Stock performance.
| Return On Equity | 0.0608 | |||
| Return On Asset | 0.0297 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 135.29 B | |||
| Shares Outstanding | 3.24 B | |||
| Price To Earning | 39.03 X | |||
| Price To Book | 1.34 X | |||
| Price To Sales | 1.11 X | |||
| Revenue | 101.54 B | |||
| EBITDA | 18.93 B | |||
| Cash And Equivalents | 27.8 B | |||
| Cash Per Share | 8.58 X | |||
| Total Debt | 28.77 B | |||
| Debt To Equity | 86.10 % | |||
| Book Value Per Share | 25.71 X | |||
| Cash Flow From Operations | 15.5 B | |||
| Earnings Per Share | 1.52 X | |||
| Total Asset | 149.72 B | |||
| Retained Earnings | 56.16 B | |||
| Current Asset | 55.16 B | |||
| Current Liabilities | 39.65 B | |||
About Cheng Shin Performance
Evaluating Cheng Shin's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Cheng Shin 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 Cheng Shin 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.
Co., Ltd., together with subsidiaries, processes, manufactures, and trades in bicycle tires, electrical vehicle tires, reclaimed rubbers, various rubbers and resins, and other rubber products. Co., Ltd. was founded in 1967 and is headquartered in Changhua, Taiwan. CHENG SHIN operates under Rubber Plastics classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 30909 people.Things to note about Cheng Shin Rubber performance evaluation
Checking the ongoing alerts about Cheng Shin for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cheng Shin Rubber help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cheng Shin Rubber has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 49.0% of the company shares are owned by insiders or employees |
- Analyzing Cheng Shin'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 Cheng Shin's stock is overvalued or undervalued compared to its peers.
- Examining Cheng Shin'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 Cheng Shin's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cheng Shin's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cheng Shin's stock. These opinions can provide insight into Cheng Shin's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Cheng Stock Analysis
When running Cheng Shin's price analysis, check to measure Cheng Shin'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 Cheng Shin is operating at the current time. Most of Cheng Shin's value examination focuses on studying past and present price action to predict the probability of Cheng Shin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheng Shin's price. Additionally, you may evaluate how the addition of Cheng Shin to your portfolios can decrease your overall portfolio volatility.