Planet Technology (Taiwan) Performance
| 6263 Stock | TWD 158.50 2.00 1.28% |
The company holds a Beta of 0.36, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Planet Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Planet Technology is expected to be smaller as well. At this point, Planet Technology has a negative expected return of -0.11%. Please make sure to check Planet Technology's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Planet Technology 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 Planet Technology has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 1.3 B | |
| Total Cashflows From Investing Activities | -1.1 M |
Planet |
Planet Technology Relative Risk vs. Return Landscape
If you would invest 17,150 in Planet Technology on September 2, 2024 and sell it today you would lose (1,300) from holding Planet Technology or give up 7.58% of portfolio value over 90 days. Planet Technology is generating negative expected returns and assumes 1.7581% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than Planet, 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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Planet Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Planet Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Planet Technology, and traders can use it to determine the average amount a Planet 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 = -0.0614
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6263 |
Estimated Market Risk
| 1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Planet 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 Planet Technology by adding Planet Technology to a well-diversified portfolio.
Planet Technology Fundamentals Growth
Planet Stock prices reflect investors' perceptions of the future prospects and financial health of Planet Technology, and Planet 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 Planet Stock performance.
| Return On Equity | 0.29 | |||
| Return On Asset | 0.17 | |||
| Profit Margin | 0.24 % | |||
| Operating Margin | 0.28 % | |||
| Current Valuation | 4.16 B | |||
| Shares Outstanding | 62.5 M | |||
| Price To Earning | 12.73 X | |||
| Price To Book | 3.91 X | |||
| Price To Sales | 3.36 X | |||
| Revenue | 1.43 B | |||
| EBITDA | 418.13 M | |||
| Cash And Equivalents | 1.38 B | |||
| Cash Per Share | 22.02 X | |||
| Total Debt | 37.81 M | |||
| Debt To Equity | 3.20 % | |||
| Book Value Per Share | 22.57 X | |||
| Cash Flow From Operations | 370.13 M | |||
| Earnings Per Share | 6.26 X | |||
| Total Asset | 1.77 B | |||
About Planet Technology Performance
Evaluating Planet Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Planet 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 Planet 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.
Planet Technology Corporation provides IP-based networking products and solutions for small-to-medium-sized businesses, enterprises, and SOHO markets worldwide. The company was founded in 1993 and is based in New Taipei City, Taiwan. PLANET TECHNOLOGY operates under Communication Equipment classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 151 people.Things to note about Planet Technology performance evaluation
Checking the ongoing alerts about Planet Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Planet Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Planet Technology generated a negative expected return over the last 90 days | |
| About 45.0% of the company shares are owned by insiders or employees |
- Analyzing Planet 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 Planet Technology's stock is overvalued or undervalued compared to its peers.
- Examining Planet 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 Planet Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Planet Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Planet Technology's stock. These opinions can provide insight into Planet Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Planet Stock Analysis
When running Planet Technology's price analysis, check to measure Planet 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 Planet Technology is operating at the current time. Most of Planet Technology's value examination focuses on studying past and present price action to predict the probability of Planet 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 Planet Technology's price. Additionally, you may evaluate how the addition of Planet Technology to your portfolios can decrease your overall portfolio volatility.