Formosan Rubber (Taiwan) Performance
| 2107 Stock | TWD 25.50 0.10 0.39% |
The firm shows a Beta (market volatility) of 0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, Formosan Rubber's returns are expected to increase less than the market. However, during the bear market, the loss of holding Formosan Rubber is expected to be smaller as well. At this point, Formosan Rubber Group has a negative expected return of -0.0713%. Please make sure to confirm Formosan Rubber's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Formosan Rubber Group 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 Formosan Rubber Group has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Formosan Rubber 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 | 1.4 B | |
| Total Cashflows From Investing Activities | -781.6 M |
Formosan |
Formosan Rubber Relative Risk vs. Return Landscape
If you would invest 2,670 in Formosan Rubber Group on September 1, 2024 and sell it today you would lose (120.00) from holding Formosan Rubber Group or give up 4.49% of portfolio value over 90 days. Formosan Rubber Group is generating negative expected returns and assumes 0.5756% volatility on return distribution over the 90 days horizon. Simply put, 5% of stocks are less volatile than Formosan, 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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Formosan Rubber Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Formosan Rubber's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Formosan Rubber Group, and traders can use it to determine the average amount a Formosan Rubber'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 = -0.1239
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| Negative Returns | 2107 |
Estimated Market Risk
| 0.58 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Formosan Rubber 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 Formosan Rubber by adding Formosan Rubber to a well-diversified portfolio.
Formosan Rubber Fundamentals Growth
Formosan Stock prices reflect investors' perceptions of the future prospects and financial health of Formosan Rubber, and Formosan Rubber 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 Formosan Stock performance.
| Return On Equity | 0.0773 | |||
| Return On Asset | 0.0226 | |||
| Profit Margin | 0.41 % | |||
| Operating Margin | 0.22 % | |||
| Current Valuation | 1.73 B | |||
| Shares Outstanding | 337.33 M | |||
| Price To Earning | 18.10 X | |||
| Price To Book | 0.62 X | |||
| Price To Sales | 3.32 X | |||
| Revenue | 2.79 B | |||
| EBITDA | 935.16 M | |||
| Cash And Equivalents | 3.74 B | |||
| Cash Per Share | 10.69 X | |||
| Total Debt | 2.02 B | |||
| Debt To Equity | 19.00 % | |||
| Book Value Per Share | 35.20 X | |||
| Cash Flow From Operations | 1.73 B | |||
| Earnings Per Share | 2.65 X | |||
| Total Asset | 13.12 B | |||
| Retained Earnings | 6.77 B | |||
| Current Asset | 10.11 B | |||
| Current Liabilities | 2.35 B | |||
About Formosan Rubber Performance
Evaluating Formosan Rubber's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Formosan Rubber 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 Formosan Rubber 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.
Formosan Rubber Group Inc. manufactures and sells plastic, rubber, and leather products. The company was founded in 1952 and is headquartered in Taoyuan, Taiwan. FORMOSAN RUBBER is traded on Taiwan Stock Exchange in Taiwan.Things to note about Formosan Rubber Group performance evaluation
Checking the ongoing alerts about Formosan Rubber for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Formosan Rubber Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Formosan Rubber generated a negative expected return over the last 90 days | |
| About 36.0% of the company shares are owned by insiders or employees |
- Analyzing Formosan Rubber'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 Formosan Rubber's stock is overvalued or undervalued compared to its peers.
- Examining Formosan Rubber'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 Formosan Rubber's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Formosan Rubber's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Formosan Rubber's stock. These opinions can provide insight into Formosan Rubber's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Formosan Stock Analysis
When running Formosan Rubber's price analysis, check to measure Formosan Rubber'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 Formosan Rubber is operating at the current time. Most of Formosan Rubber's value examination focuses on studying past and present price action to predict the probability of Formosan Rubber's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosan Rubber's price. Additionally, you may evaluate how the addition of Formosan Rubber to your portfolios can decrease your overall portfolio volatility.