Joinsoon Electronics (Taiwan) Performance
| 3322 Stock | TWD 17.95 0.15 0.83% |
The company retains a Market Volatility (i.e., Beta) of 0.31, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Joinsoon Electronics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Joinsoon Electronics is expected to be smaller as well. At this point, Joinsoon Electronics MFG has a negative expected return of -0.35%. Please make sure to check out Joinsoon Electronics' standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Joinsoon Electronics MFG 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 Joinsoon Electronics MFG has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in December 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 314.4 M | |
| Total Cashflows From Investing Activities | -323.7 M |
Joinsoon |
Joinsoon Electronics Relative Risk vs. Return Landscape
If you would invest 2,270 in Joinsoon Electronics MFG on August 29, 2024 and sell it today you would lose (475.00) from holding Joinsoon Electronics MFG or give up 20.93% of portfolio value over 90 days. Joinsoon Electronics MFG is generating negative expected returns and assumes 2.1992% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Joinsoon, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Joinsoon Electronics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Joinsoon Electronics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Joinsoon Electronics MFG, and traders can use it to determine the average amount a Joinsoon Electronics' 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 = -0.1584
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 3322 |
Estimated Market Risk
| 2.2 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Joinsoon Electronics 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 Joinsoon Electronics by adding Joinsoon Electronics to a well-diversified portfolio.
Joinsoon Electronics Fundamentals Growth
Joinsoon Stock prices reflect investors' perceptions of the future prospects and financial health of Joinsoon Electronics, and Joinsoon Electronics 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 Joinsoon Stock performance.
| Return On Equity | 0.22 | |||
| Return On Asset | 0.0363 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 2.27 B | |||
| Shares Outstanding | 107.47 M | |||
| Price To Book | 1.57 X | |||
| Price To Sales | 0.65 X | |||
| Revenue | 4.03 B | |||
| EBITDA | 376.39 M | |||
| Total Debt | 207.88 M | |||
| Book Value Per Share | 12.78 X | |||
| Cash Flow From Operations | 181.97 M | |||
| Earnings Per Share | 2.36 X | |||
| Total Asset | 2.58 B | |||
About Joinsoon Electronics Performance
Evaluating Joinsoon Electronics' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Joinsoon Electronics 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 Joinsoon Electronics 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.
Things to note about Joinsoon Electronics MFG performance evaluation
Checking the ongoing alerts about Joinsoon Electronics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Joinsoon Electronics MFG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Joinsoon Electronics generated a negative expected return over the last 90 days | |
| About 28.0% of the company shares are owned by insiders or employees |
- Analyzing Joinsoon Electronics' 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 Joinsoon Electronics' stock is overvalued or undervalued compared to its peers.
- Examining Joinsoon Electronics' 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 Joinsoon Electronics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Joinsoon Electronics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Joinsoon Electronics' stock. These opinions can provide insight into Joinsoon Electronics' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Joinsoon Stock Analysis
When running Joinsoon Electronics' price analysis, check to measure Joinsoon Electronics' 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 Joinsoon Electronics is operating at the current time. Most of Joinsoon Electronics' value examination focuses on studying past and present price action to predict the probability of Joinsoon Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Joinsoon Electronics' price. Additionally, you may evaluate how the addition of Joinsoon Electronics to your portfolios can decrease your overall portfolio volatility.