Ichia Technologies (Taiwan) Performance
| 2402 Stock | TWD 41.40 0.80 1.97% |
The company retains a Market Volatility (i.e., Beta) of 0.71, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Ichia Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Ichia Technologies is expected to be smaller as well. At this point, Ichia Technologies has a negative expected return of -0.083%. Please make sure to check out Ichia Technologies' coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Ichia Technologies 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 Ichia Technologies has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Ichia Technologies 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 | 1.9 B | |
| Total Cashflows From Investing Activities | -462.9 M |
Ichia |
Ichia Technologies Relative Risk vs. Return Landscape
If you would invest 4,425 in Ichia Technologies on August 31, 2024 and sell it today you would lose (285.00) from holding Ichia Technologies or give up 6.44% of portfolio value over 90 days. Ichia Technologies is generating negative expected returns and assumes 2.1454% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Ichia, 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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Ichia Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ichia Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ichia Technologies, and traders can use it to determine the average amount a Ichia Technologies' 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 = -0.0387
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| Negative Returns | 2402 |
Estimated Market Risk
| 2.15 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.08 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 Ichia Technologies 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 Ichia Technologies by adding Ichia Technologies to a well-diversified portfolio.
Ichia Technologies Fundamentals Growth
Ichia Stock prices reflect investors' perceptions of the future prospects and financial health of Ichia Technologies, and Ichia Technologies 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 Ichia Stock performance.
| Return On Equity | 0.0468 | |||
| Return On Asset | 0.0168 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 5.23 B | |||
| Shares Outstanding | 297.54 M | |||
| Price To Earning | 20.72 X | |||
| Price To Book | 0.94 X | |||
| Price To Sales | 0.79 X | |||
| Revenue | 6.48 B | |||
| EBITDA | 681.36 M | |||
| Cash And Equivalents | 2.21 B | |||
| Cash Per Share | 7.19 X | |||
| Total Debt | 544.93 M | |||
| Debt To Equity | 30.00 % | |||
| Book Value Per Share | 20.25 X | |||
| Cash Flow From Operations | 395.61 M | |||
| Earnings Per Share | 0.92 X | |||
| Total Asset | 9.07 B | |||
| Retained Earnings | 1.02 B | |||
| Current Asset | 6.42 B | |||
| Current Liabilities | 3.86 B | |||
About Ichia Technologies Performance
Evaluating Ichia Technologies' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Ichia Technologies 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 Ichia Technologies 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.
Ichia Technologies, Inc. manufactures and sells electronic components worldwide. The company was founded in 1983 and is headquartered in Taoyuan, Taiwan. ICHIA TECHNOLOGIES is traded on Taiwan Stock Exchange in Taiwan.Things to note about Ichia Technologies performance evaluation
Checking the ongoing alerts about Ichia Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ichia Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ichia Technologies generated a negative expected return over the last 90 days | |
| About 22.0% of the company shares are owned by insiders or employees |
- Analyzing Ichia Technologies' 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 Ichia Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Ichia Technologies' 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 Ichia Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ichia Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ichia Technologies' stock. These opinions can provide insight into Ichia Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Ichia Stock Analysis
When running Ichia Technologies' price analysis, check to measure Ichia Technologies' 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 Ichia Technologies is operating at the current time. Most of Ichia Technologies' value examination focuses on studying past and present price action to predict the probability of Ichia Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ichia Technologies' price. Additionally, you may evaluate how the addition of Ichia Technologies to your portfolios can decrease your overall portfolio volatility.