Elitegroup Computer (Taiwan) Performance
| 2331 Stock | TWD 24.80 0.25 1.00% |
The firm shows a Beta (market volatility) of 0.78, which means possible diversification benefits within a given portfolio. As returns on the market increase, Elitegroup Computer's returns are expected to increase less than the market. However, during the bear market, the loss of holding Elitegroup Computer is expected to be smaller as well. At this point, Elitegroup Computer has a negative expected return of -0.0879%. Please make sure to confirm Elitegroup Computer's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Elitegroup Computer 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 Elitegroup Computer Systems has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Elitegroup Computer 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 | 4.5 B | |
| Total Cashflows From Investing Activities | 1.3 B |
Elitegroup |
Elitegroup Computer Relative Risk vs. Return Landscape
If you would invest 2,650 in Elitegroup Computer Systems on August 28, 2024 and sell it today you would lose (170.00) from holding Elitegroup Computer Systems or give up 6.42% of portfolio value over 90 days. Elitegroup Computer Systems is generating negative expected returns and assumes 1.9638% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Elitegroup, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Elitegroup Computer Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elitegroup Computer's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Elitegroup Computer Systems, and traders can use it to determine the average amount a Elitegroup Computer'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 = -0.0447
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| Negative Returns | 2331 |
Estimated Market Risk
| 1.96 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Elitegroup Computer 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 Elitegroup Computer by adding Elitegroup Computer to a well-diversified portfolio.
Elitegroup Computer Fundamentals Growth
Elitegroup Stock prices reflect investors' perceptions of the future prospects and financial health of Elitegroup Computer, and Elitegroup Computer 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 Elitegroup Stock performance.
| Return On Equity | 0.0948 | |||
| Return On Asset | 0.0088 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 3.52 B | |||
| Shares Outstanding | 557.4 M | |||
| Price To Earning | 414.91 X | |||
| Price To Book | 1.05 X | |||
| Price To Sales | 0.36 X | |||
| Revenue | 31.94 B | |||
| EBITDA | 883.75 M | |||
| Cash And Equivalents | 7.03 B | |||
| Cash Per Share | 12.62 X | |||
| Total Debt | 1.47 B | |||
| Debt To Equity | 0.14 % | |||
| Book Value Per Share | 20.85 X | |||
| Cash Flow From Operations | (2 B) | |||
| Earnings Per Share | 1.83 X | |||
| Total Asset | 24.13 B | |||
| Retained Earnings | (294 M) | |||
| Current Asset | 15.19 B | |||
| Current Liabilities | 10 B | |||
About Elitegroup Computer Performance
Evaluating Elitegroup Computer's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Elitegroup Computer 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 Elitegroup Computer 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.
,Ltd. manufactures and supplies various computer products in Taiwan and internationally. The company was founded in 1987 and is headquartered in Taipei, Taiwan. ELITEGROUP COMPUTER operates under Computer Hardware classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Elitegroup Computer performance evaluation
Checking the ongoing alerts about Elitegroup Computer for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Elitegroup Computer help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Elitegroup Computer generated a negative expected return over the last 90 days | |
| Elitegroup Computer Systems has accumulated about 7.03 B in cash with (2 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 12.62. | |
| Roughly 52.0% of the company shares are owned by insiders or employees |
- Analyzing Elitegroup Computer'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 Elitegroup Computer's stock is overvalued or undervalued compared to its peers.
- Examining Elitegroup Computer'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 Elitegroup Computer's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Elitegroup Computer's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Elitegroup Computer's stock. These opinions can provide insight into Elitegroup Computer's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Elitegroup Stock Analysis
When running Elitegroup Computer's price analysis, check to measure Elitegroup Computer'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 Elitegroup Computer is operating at the current time. Most of Elitegroup Computer's value examination focuses on studying past and present price action to predict the probability of Elitegroup Computer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elitegroup Computer's price. Additionally, you may evaluate how the addition of Elitegroup Computer to your portfolios can decrease your overall portfolio volatility.