Trinity Precision (Taiwan) Performance
| 4534 Stock | TWD 19.00 0.65 3.31% |
The entity has a beta of -0.33, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Trinity Precision are expected to decrease at a much lower rate. During the bear market, Trinity Precision is likely to outperform the market. At this point, Trinity Precision has a negative expected return of -0.6%. Please make sure to validate Trinity Precision's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if Trinity Precision 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 Trinity Precision Technology 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 | 349.2 M | |
| Total Cashflows From Investing Activities | -70.9 M |
Trinity |
Trinity Precision Relative Risk vs. Return Landscape
If you would invest 2,850 in Trinity Precision Technology on August 31, 2024 and sell it today you would lose (950.00) from holding Trinity Precision Technology or give up 33.33% of portfolio value over 90 days. Trinity Precision Technology is generating negative expected returns and assumes 3.1303% volatility on return distribution over the 90 days horizon. Simply put, 27% of stocks are less volatile than Trinity, 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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Trinity Precision Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trinity Precision's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Trinity Precision Technology, and traders can use it to determine the average amount a Trinity Precision'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 = -0.193
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| Negative Returns | 4534 |
Estimated Market Risk
| 3.13 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.6 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Trinity Precision 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 Trinity Precision by adding Trinity Precision to a well-diversified portfolio.
Trinity Precision Fundamentals Growth
Trinity Stock prices reflect investors' perceptions of the future prospects and financial health of Trinity Precision, and Trinity Precision 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 Trinity Stock performance.
| Return On Equity | -0.12 | |||
| Return On Asset | -0.0478 | |||
| Profit Margin | (0.12) % | |||
| Operating Margin | (0.14) % | |||
| Current Valuation | 972.69 M | |||
| Shares Outstanding | 86.79 M | |||
| Price To Book | 0.90 X | |||
| Price To Sales | 0.88 X | |||
| Revenue | 1.21 B | |||
| EBITDA | 171.06 M | |||
| Cash And Equivalents | 323.91 M | |||
| Cash Per Share | 3.73 X | |||
| Total Debt | 71.42 M | |||
| Debt To Equity | 0.52 % | |||
| Book Value Per Share | 10.21 X | |||
| Cash Flow From Operations | (21.05 M) | |||
| Earnings Per Share | (0.25) X | |||
| Total Asset | 1.75 B | |||
About Trinity Precision Performance
Evaluating Trinity Precision's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Trinity Precision 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 Trinity Precision 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.
Trinity Precision Technology Co., Ltd. designs, manufactures, and sells powder metal parts and gear boxes primarily in Taiwan. The company was founded in 1993 and is headquartered in Toufen, Taiwan. TRINITY PRECISION operates under Metal Fabrication classification in Taiwan and is traded on Taiwan OTC Exchange.Things to note about Trinity Precision performance evaluation
Checking the ongoing alerts about Trinity Precision for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Trinity Precision help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Trinity Precision generated a negative expected return over the last 90 days | |
| Trinity Precision has high historical volatility and very poor performance | |
| Trinity Precision Technology has accumulated about 323.91 M in cash with (21.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.73. | |
| Roughly 35.0% of the company shares are owned by insiders or employees |
- Analyzing Trinity Precision'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 Trinity Precision's stock is overvalued or undervalued compared to its peers.
- Examining Trinity Precision'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 Trinity Precision's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Trinity Precision's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Trinity Precision's stock. These opinions can provide insight into Trinity Precision's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Trinity Stock Analysis
When running Trinity Precision's price analysis, check to measure Trinity Precision'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 Trinity Precision is operating at the current time. Most of Trinity Precision's value examination focuses on studying past and present price action to predict the probability of Trinity Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trinity Precision's price. Additionally, you may evaluate how the addition of Trinity Precision to your portfolios can decrease your overall portfolio volatility.