Tripod Technology (Taiwan) Performance
| 3044 Stock | TWD 189.00 0.50 0.27% |
The entity has a beta of 0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tripod Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tripod Technology is expected to be smaller as well. At this point, Tripod Technology Corp has a negative expected return of -0.13%. Please make sure to validate Tripod Technology's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Tripod Technology Corp 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 Tripod Technology Corp 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 | 26 B | |
| Total Cashflows From Investing Activities | -10.7 B | |
| Free Cash Flow | -4 B |
Tripod |
Tripod Technology Relative Risk vs. Return Landscape
If you would invest 20,800 in Tripod Technology Corp on September 2, 2024 and sell it today you would lose (1,900) from holding Tripod Technology Corp or give up 9.13% of portfolio value over 90 days. Tripod Technology Corp is generating negative expected returns and assumes 1.7181% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than Tripod, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Tripod Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tripod Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tripod Technology Corp, and traders can use it to determine the average amount a Tripod Technology'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 = -0.0786
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| Negative Returns | 3044 |
Estimated Market Risk
| 1.72 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tripod Technology 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 Tripod Technology by adding Tripod Technology to a well-diversified portfolio.
Tripod Technology Fundamentals Growth
Tripod Stock prices reflect investors' perceptions of the future prospects and financial health of Tripod Technology, and Tripod Technology 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 Tripod Stock performance.
| Return On Equity | 0.16 | |||
| Return On Asset | 0.0508 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.10 % | |||
| Current Valuation | 47.57 B | |||
| Shares Outstanding | 525.61 M | |||
| Price To Earning | 10.76 X | |||
| Price To Book | 1.24 X | |||
| Price To Sales | 0.77 X | |||
| Revenue | 63 B | |||
| EBITDA | 11.65 B | |||
| Cash And Equivalents | 24.41 B | |||
| Cash Per Share | 46.44 X | |||
| Total Debt | 11.61 B | |||
| Debt To Equity | 33.80 % | |||
| Book Value Per Share | 78.19 X | |||
| Cash Flow From Operations | 4.53 B | |||
| Earnings Per Share | 11.41 X | |||
| Total Asset | 84.79 B | |||
| Retained Earnings | 23.51 B | |||
| Current Asset | 43.12 B | |||
| Current Liabilities | 27.76 B | |||
About Tripod Technology Performance
Evaluating Tripod Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tripod Technology 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 Tripod Technology 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.
Tripod Technology Corporation processes, manufactures and sells printed circuit boards in Taiwan, China, Vietnam, Thailand, South Korea, Malaysia, and internationally. Tripod Technology Corporation was founded in 1998 and is based in Taoyuan, Taiwan. TRIPOD TECHNOLOGY is traded on Taiwan Stock Exchange in Taiwan.Things to note about Tripod Technology Corp performance evaluation
Checking the ongoing alerts about Tripod Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tripod Technology Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tripod Technology generated a negative expected return over the last 90 days | |
| About 15.0% of the company shares are owned by insiders or employees |
- Analyzing Tripod Technology'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 Tripod Technology's stock is overvalued or undervalued compared to its peers.
- Examining Tripod Technology'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 Tripod Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tripod Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tripod Technology's stock. These opinions can provide insight into Tripod Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Tripod Stock Analysis
When running Tripod Technology's price analysis, check to measure Tripod Technology'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 Tripod Technology is operating at the current time. Most of Tripod Technology's value examination focuses on studying past and present price action to predict the probability of Tripod Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tripod Technology's price. Additionally, you may evaluate how the addition of Tripod Technology to your portfolios can decrease your overall portfolio volatility.