Logah Technology (Taiwan) Performance
| 3593 Stock | TWD 7.60 0.65 9.35% |
The company secures a Beta (Market Risk) of 0.29, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Logah Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Logah Technology is expected to be smaller as well. At this point, Logah Technology Corp has a negative expected return of -0.81%. Please make sure to verify Logah Technology's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Logah 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 Logah Technology Corp 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 February 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 38.7 M | |
| Total Cashflows From Investing Activities | -33.1 M |
Logah |
Logah Technology Relative Risk vs. Return Landscape
If you would invest 1,395 in Logah Technology Corp on October 11, 2024 and sell it today you would lose (635.00) from holding Logah Technology Corp or give up 45.52% of portfolio value over 90 days. Logah Technology Corp is generating negative expected returns and assumes 5.26% volatility on return distribution over the 90 days horizon. Simply put, 46% of stocks are less volatile than Logah, 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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Logah Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Logah Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Logah Technology Corp, and traders can use it to determine the average amount a Logah 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 = -0.1535
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| Negative Returns | 3593 |
Estimated Market Risk
| 5.26 actual daily | 46 54% of assets are more volatile |
Expected Return
| -0.81 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Logah 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 Logah Technology by adding Logah Technology to a well-diversified portfolio.
Logah Technology Fundamentals Growth
Logah Stock prices reflect investors' perceptions of the future prospects and financial health of Logah Technology, and Logah 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 Logah Stock performance.
| Return On Equity | -0.14 | |||
| Return On Asset | -0.0308 | |||
| Profit Margin | (0.08) % | |||
| Operating Margin | (0.07) % | |||
| Current Valuation | 1.52 B | |||
| Shares Outstanding | 93.04 M | |||
| Price To Earning | 17.71 X | |||
| Price To Book | 2.35 X | |||
| Price To Sales | 1.28 X | |||
| Revenue | 1.21 B | |||
| EBITDA | 83.4 M | |||
| Cash And Equivalents | 72.83 M | |||
| Cash Per Share | 0.78 X | |||
| Total Debt | 24.67 M | |||
| Debt To Equity | 0.41 % | |||
| Book Value Per Share | 5.95 X | |||
| Cash Flow From Operations | 98.78 M | |||
| Earnings Per Share | (0.38) X | |||
| Total Asset | 1.46 B | |||
| Retained Earnings | (403 M) | |||
| Current Asset | 529 M | |||
| Current Liabilities | 782 M | |||
About Logah Technology Performance
Evaluating Logah Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Logah 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 Logah 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.
Logah Technology Corp. engages in the design, development, and manufacture of professional precision molds, precision plastic parts forming, spraying, printing, hot-melting, automatic pinning, electroplating, and assembly products in Taiwan. Logah Technology Corp. was founded in 2003 and is headquartered in Kaohsiung, Taiwan. LOGAH TECHNOLOGY operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Logah Technology Corp performance evaluation
Checking the ongoing alerts about Logah Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Logah Technology Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Logah Technology generated a negative expected return over the last 90 days | |
| Logah Technology has high historical volatility and very poor performance | |
| Logah Technology Corp has accumulated 24.67 M in total debt with debt to equity ratio (D/E) of 0.41, which is about average as compared to similar companies. Logah Technology Corp has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Logah Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Logah Technology's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Logah Technology Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Logah to invest in growth at high rates of return. When we think about Logah Technology's use of debt, we should always consider it together with cash and equity. | |
| About 61.0% of Logah Technology shares are owned by insiders or employees |
- Analyzing Logah 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 Logah Technology's stock is overvalued or undervalued compared to its peers.
- Examining Logah 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 Logah Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Logah Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Logah Technology's stock. These opinions can provide insight into Logah Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Logah Stock Analysis
When running Logah Technology's price analysis, check to measure Logah 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 Logah Technology is operating at the current time. Most of Logah Technology's value examination focuses on studying past and present price action to predict the probability of Logah 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 Logah Technology's price. Additionally, you may evaluate how the addition of Logah Technology to your portfolios can decrease your overall portfolio volatility.