Sitronix Technology (Taiwan) Performance
| 8016 Stock | TWD 212.50 2.00 0.93% |
The entity has a beta of -0.0404, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sitronix Technology are expected to decrease at a much lower rate. During the bear market, Sitronix Technology is likely to outperform the market. At this point, Sitronix Technology Corp has a negative expected return of -0.12%. Please make sure to validate Sitronix Technology's total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Sitronix 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 Sitronix Technology Corp 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 | 5.6 B | |
| Total Cashflows From Investing Activities | -4.6 B | |
| Free Cash Flow | 7.5 B |
Sitronix |
Sitronix Technology Relative Risk vs. Return Landscape
If you would invest 23,050 in Sitronix Technology Corp on August 29, 2024 and sell it today you would lose (1,800) from holding Sitronix Technology Corp or give up 7.81% of portfolio value over 90 days. Sitronix Technology Corp is generating negative expected returns and assumes 1.4659% volatility on return distribution over the 90 days horizon. Simply put, 13% of stocks are less volatile than Sitronix, 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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Sitronix Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sitronix Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sitronix Technology Corp, and traders can use it to determine the average amount a Sitronix 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 = -0.0822
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| Negative Returns | 8016 |
Estimated Market Risk
| 1.47 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.12 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 Sitronix 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 Sitronix Technology by adding Sitronix Technology to a well-diversified portfolio.
Sitronix Technology Fundamentals Growth
Sitronix Stock prices reflect investors' perceptions of the future prospects and financial health of Sitronix Technology, and Sitronix 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 Sitronix Stock performance.
| Return On Equity | 0.42 | |||
| Return On Asset | 0.2 | |||
| Profit Margin | 0.25 % | |||
| Operating Margin | 0.33 % | |||
| Current Valuation | 13.55 B | |||
| Shares Outstanding | 119.59 M | |||
| Price To Earning | 16.43 X | |||
| Price To Book | 1.96 X | |||
| Price To Sales | 1.09 X | |||
| Revenue | 22.26 B | |||
| EBITDA | 8.72 B | |||
| Cash And Equivalents | 11.68 B | |||
| Cash Per Share | 97.53 X | |||
| Total Debt | 181.44 M | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 92.43 X | |||
| Cash Flow From Operations | 8.42 B | |||
| Earnings Per Share | 41.07 X | |||
| Total Asset | 22.67 B | |||
| Retained Earnings | 2.59 B | |||
| Current Asset | 5.33 B | |||
| Current Liabilities | 2.03 B | |||
About Sitronix Technology Performance
Evaluating Sitronix Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Sitronix 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 Sitronix 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.
Sitronix Technology Corporation, a fabless semiconductor company, offers display driver integrated circuits . Sitronix Technology Corporation was incorporated in 1992 and is headquartered in Zhubei City, Taiwan. SITRONIX TECHNOLOGY operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Sitronix Technology Corp performance evaluation
Checking the ongoing alerts about Sitronix Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sitronix Technology Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sitronix Technology generated a negative expected return over the last 90 days |
- Analyzing Sitronix 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 Sitronix Technology's stock is overvalued or undervalued compared to its peers.
- Examining Sitronix 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 Sitronix Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sitronix Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sitronix Technology's stock. These opinions can provide insight into Sitronix Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Sitronix Stock Analysis
When running Sitronix Technology's price analysis, check to measure Sitronix 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 Sitronix Technology is operating at the current time. Most of Sitronix Technology's value examination focuses on studying past and present price action to predict the probability of Sitronix 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 Sitronix Technology's price. Additionally, you may evaluate how the addition of Sitronix Technology to your portfolios can decrease your overall portfolio volatility.