Asia Optical (Taiwan) Performance
| 3019 Stock | TWD 107.50 3.00 2.87% |
The firm shows a Beta (market volatility) of 0.039, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Asia Optical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Asia Optical is expected to be smaller as well. At this point, Asia Optical has a negative expected return of -0.14%. Please make sure to confirm Asia Optical's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Asia Optical 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 Asia Optical Co has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 10 B | |
| Total Cashflows From Investing Activities | -502.4 M |
Asia |
Asia Optical Relative Risk vs. Return Landscape
If you would invest 12,100 in Asia Optical Co on September 2, 2024 and sell it today you would lose (1,350) from holding Asia Optical Co or give up 11.16% of portfolio value over 90 days. Asia Optical Co is generating negative expected returns and assumes 3.0467% volatility on return distribution over the 90 days horizon. Simply put, 27% of stocks are less volatile than Asia, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Asia Optical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asia Optical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Asia Optical Co, and traders can use it to determine the average amount a Asia Optical'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 = -0.0455
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| Negative Returns | 3019 |
Estimated Market Risk
| 3.05 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Asia Optical 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 Asia Optical by adding Asia Optical to a well-diversified portfolio.
Asia Optical Fundamentals Growth
Asia Stock prices reflect investors' perceptions of the future prospects and financial health of Asia Optical, and Asia Optical 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 Asia Stock performance.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0441 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 8.41 B | |||
| Shares Outstanding | 279.24 M | |||
| Price To Earning | 21.96 X | |||
| Price To Book | 1.39 X | |||
| Price To Sales | 0.88 X | |||
| Revenue | 20.98 B | |||
| EBITDA | 2.66 B | |||
| Cash And Equivalents | 9.98 B | |||
| Cash Per Share | 35.52 X | |||
| Total Debt | 74.25 M | |||
| Debt To Equity | 0.40 % | |||
| Book Value Per Share | 45.16 X | |||
| Cash Flow From Operations | 1.59 B | |||
| Earnings Per Share | 4.42 X | |||
| Total Asset | 22.62 B | |||
| Retained Earnings | 2.14 B | |||
| Current Asset | 14.86 B | |||
| Current Liabilities | 4.63 B | |||
About Asia Optical Performance
Evaluating Asia Optical's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Asia Optical 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 Asia Optical 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.
Asia Optical Co., Inc. manufactures, processes, and sells cameras, riflescopes, photocopier lens, scanner lens, and optical components in Asia and the United States. The company was founded in 1980 and is headquartered in Taichung City, Taiwan. ASIA OPTICAL operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Asia Optical performance evaluation
Checking the ongoing alerts about Asia Optical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Asia Optical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Asia Optical generated a negative expected return over the last 90 days | |
| Asia Optical has high historical volatility and very poor performance | |
| About 23.0% of the company shares are owned by insiders or employees |
- Analyzing Asia Optical'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 Asia Optical's stock is overvalued or undervalued compared to its peers.
- Examining Asia Optical'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 Asia Optical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Asia Optical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Asia Optical's stock. These opinions can provide insight into Asia Optical's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Asia Stock Analysis
When running Asia Optical's price analysis, check to measure Asia Optical'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 Asia Optical is operating at the current time. Most of Asia Optical's value examination focuses on studying past and present price action to predict the probability of Asia Optical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Optical's price. Additionally, you may evaluate how the addition of Asia Optical to your portfolios can decrease your overall portfolio volatility.