New Advanced (Taiwan) Performance
| 3465 Stock | TWD 53.50 1.50 2.88% |
The company secures a Beta (Market Risk) of 0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, New Advanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding New Advanced is expected to be smaller as well. At this point, New Advanced Electronics has a negative expected return of -0.28%. Please make sure to verify New Advanced's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if New Advanced Electronics 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 New Advanced Electronics 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 | 112.6 M | |
| Total Cashflows From Investing Activities | -193.6 M | |
| Free Cash Flow | -65.2 M |
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New Advanced Relative Risk vs. Return Landscape
If you would invest 6,450 in New Advanced Electronics on August 26, 2024 and sell it today you would lose (1,100) from holding New Advanced Electronics or give up 17.05% of portfolio value over 90 days. New Advanced Electronics is generating negative expected returns and assumes 1.5171% volatility on return distribution over the 90 days horizon. Simply put, 13% of stocks are less volatile than New, 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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New Advanced Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Advanced's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as New Advanced Electronics, and traders can use it to determine the average amount a New Advanced'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 = -0.1847
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| Negative Returns | 3465 |
Estimated Market Risk
| 1.52 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average New Advanced 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 New Advanced by adding New Advanced to a well-diversified portfolio.
New Advanced Fundamentals Growth
New Stock prices reflect investors' perceptions of the future prospects and financial health of New Advanced, and New Advanced 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 New Stock performance.
| Return On Equity | 0.35 | |||
| Return On Asset | 0.0833 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.13 % | |||
| Current Valuation | 3.04 B | |||
| Shares Outstanding | 32.33 M | |||
| Price To Book | 3.44 X | |||
| Price To Sales | 1.31 X | |||
| Revenue | 3.05 B | |||
| EBITDA | 627.31 M | |||
| Cash And Equivalents | 58.25 M | |||
| Cash Per Share | 2.76 X | |||
| Total Debt | 553.31 M | |||
| Book Value Per Share | 24.37 X | |||
| Cash Flow From Operations | 49.24 M | |||
| Earnings Per Share | 7.85 X | |||
| Total Asset | 1.87 B | |||
About New Advanced Performance
Evaluating New Advanced's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if New Advanced 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 New Advanced 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.
New Advanced Electronics Technologies Co., Ltd. researches and develops, manufactures, and sells portable power supplies and related power supply products in Taiwan and internationally. New Advanced Electronics Technologies Co., Ltd. was founded in 1993 and is headquartered in Taipei City, Taiwan. NEW ADVANCED is traded on Taiwan OTC Exchange in Taiwan.Things to note about New Advanced Electronics performance evaluation
Checking the ongoing alerts about New Advanced for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for New Advanced Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| New Advanced generated a negative expected return over the last 90 days | |
| About 70.0% of the company shares are owned by insiders or employees |
- Analyzing New Advanced'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 New Advanced's stock is overvalued or undervalued compared to its peers.
- Examining New Advanced'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 New Advanced's management team can have a significant impact on its success or failure. Reviewing the track record and experience of New Advanced's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of New Advanced's stock. These opinions can provide insight into New Advanced's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for New Stock Analysis
When running New Advanced's price analysis, check to measure New Advanced'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 New Advanced is operating at the current time. Most of New Advanced's value examination focuses on studying past and present price action to predict the probability of New Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Advanced's price. Additionally, you may evaluate how the addition of New Advanced to your portfolios can decrease your overall portfolio volatility.