Prime Electronics (Taiwan) Performance
| 6152 Stock | TWD 13.35 0.10 0.75% |
The company holds a Beta of 0.86, which implies possible diversification benefits within a given portfolio. Prime Electronics returns are very sensitive to returns on the market. As the market goes up or down, Prime Electronics is expected to follow. At this point, Prime Electronics has a negative expected return of -0.29%. Please make sure to check Prime Electronics' standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Prime 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 Prime Electronics Satellitics 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 January 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 690.7 M | |
| Total Cashflows From Investing Activities | -70.5 M |
Prime |
Prime Electronics Relative Risk vs. Return Landscape
If you would invest 1,685 in Prime Electronics Satellitics on September 2, 2024 and sell it today you would lose (350.00) from holding Prime Electronics Satellitics or give up 20.77% of portfolio value over 90 days. Prime Electronics Satellitics is generating negative expected returns and assumes 3.8022% volatility on return distribution over the 90 days horizon. Simply put, 33% of stocks are less volatile than Prime, 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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Prime Electronics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prime Electronics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Prime Electronics Satellitics, and traders can use it to determine the average amount a Prime 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 = -0.0769
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| Negative Returns | 6152 |
Estimated Market Risk
| 3.8 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.29 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 Prime 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 Prime Electronics by adding Prime Electronics to a well-diversified portfolio.
Prime Electronics Fundamentals Growth
Prime Stock prices reflect investors' perceptions of the future prospects and financial health of Prime Electronics, and Prime 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 Prime Stock performance.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0011 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0 % | |||
| Current Valuation | 1.94 B | |||
| Shares Outstanding | 167.74 M | |||
| Price To Earning | (28.96) X | |||
| Price To Book | 1.15 X | |||
| Price To Sales | 0.42 X | |||
| Revenue | 3.79 B | |||
| EBITDA | 113.06 M | |||
| Cash And Equivalents | 1.17 B | |||
| Cash Per Share | 6.99 X | |||
| Total Debt | 87.02 M | |||
| Debt To Equity | 99.10 % | |||
| Book Value Per Share | 8.99 X | |||
| Cash Flow From Operations | (97.94 M) | |||
| Earnings Per Share | 0.95 X | |||
| Total Asset | 3.39 B | |||
| Retained Earnings | (81 M) | |||
| Current Asset | 5.19 B | |||
| Current Liabilities | 4.21 B | |||
About Prime Electronics Performance
Evaluating Prime Electronics' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Prime 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 Prime 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.
Prime Electronics Satellitics Inc. develops, manufactures, and sells digital satellite communication and wireless consumer electronic products worldwide. Prime Electronics Satellitics Inc. was founded in 1995 and is based in Taoyuan, Taiwan. PRIME ELECTRONICSSATEL operates under Communication Equipment classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Prime Electronics performance evaluation
Checking the ongoing alerts about Prime Electronics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Prime Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Prime Electronics generated a negative expected return over the last 90 days | |
| Prime Electronics has high historical volatility and very poor performance | |
| Prime Electronics has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Prime Electronics Satellitics has accumulated about 1.17 B in cash with (97.94 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.99. | |
| Roughly 22.0% of the company shares are owned by insiders or employees |
- Analyzing Prime 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 Prime Electronics' stock is overvalued or undervalued compared to its peers.
- Examining Prime 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 Prime Electronics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Prime Electronics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Prime Electronics' stock. These opinions can provide insight into Prime Electronics' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Prime Stock Analysis
When running Prime Electronics' price analysis, check to measure Prime 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 Prime Electronics is operating at the current time. Most of Prime Electronics' value examination focuses on studying past and present price action to predict the probability of Prime Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prime Electronics' price. Additionally, you may evaluate how the addition of Prime Electronics to your portfolios can decrease your overall portfolio volatility.