Ligitek Electronics (Taiwan) Performance
| 8111 Stock | TWD 39.45 1.15 3.00% |
On a scale of 0 to 100, Ligitek Electronics holds a performance score of 11. The company secures a Beta (Market Risk) of 0.49, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Ligitek Electronics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Ligitek Electronics is expected to be smaller as well. Please check Ligitek Electronics' mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Ligitek Electronics' current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Ligitek Electronics Co are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Ligitek Electronics showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 489.9 M | |
| Total Cashflows From Investing Activities | 258.8 M |
Ligitek |
Ligitek Electronics Relative Risk vs. Return Landscape
If you would invest 2,820 in Ligitek Electronics Co on September 3, 2024 and sell it today you would earn a total of 1,125 from holding Ligitek Electronics Co or generate 39.89% return on investment over 90 days. Ligitek Electronics Co is generating 0.6233% of daily returns and assumes 4.2992% volatility on return distribution over the 90 days horizon. Simply put, 38% of stocks are less volatile than Ligitek, and 88% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ligitek Electronics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ligitek Electronics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ligitek Electronics Co, and traders can use it to determine the average amount a Ligitek 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 = 0.145
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Estimated Market Risk
| 4.3 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.62 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Ligitek Electronics is performing at about 11% of its full potential. 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 Ligitek Electronics by adding it to a well-diversified portfolio.
Ligitek Electronics Fundamentals Growth
Ligitek Stock prices reflect investors' perceptions of the future prospects and financial health of Ligitek Electronics, and Ligitek 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 Ligitek Stock performance.
| Return On Equity | 0.26 | |||
| Return On Asset | 0.0114 | |||
| Profit Margin | 0.41 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 1.44 B | |||
| Shares Outstanding | 109.1 M | |||
| Price To Earning | 15.88 X | |||
| Price To Book | 1.25 X | |||
| Price To Sales | 1.93 X | |||
| Revenue | 1.12 B | |||
| EBITDA | 471.04 M | |||
| Cash And Equivalents | 610.7 M | |||
| Cash Per Share | 5.35 X | |||
| Total Debt | 25.83 M | |||
| Debt To Equity | 35.00 % | |||
| Book Value Per Share | 13.32 X | |||
| Cash Flow From Operations | 68.95 M | |||
| Earnings Per Share | 3.35 X | |||
| Total Asset | 2.4 B | |||
About Ligitek Electronics Performance
Evaluating Ligitek Electronics' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Ligitek 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 Ligitek 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.
Ligitek Electronics Co., Ltd. designs, develops, manufactures, and sells a range of optoelectronic components for lighting applications in Taiwan and internationally. The company was founded in 1989 and is headquartered in New Taipei City, Taiwan. LIGITEK ELECTRONICS operates under Electronic Components classification in Taiwan and is traded on Taiwan OTC Exchange.Things to note about Ligitek Electronics performance evaluation
Checking the ongoing alerts about Ligitek Electronics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ligitek Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ligitek Electronics appears to be risky and price may revert if volatility continues | |
| About 26.0% of the company shares are owned by insiders or employees |
- Analyzing Ligitek 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 Ligitek Electronics' stock is overvalued or undervalued compared to its peers.
- Examining Ligitek 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 Ligitek Electronics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ligitek Electronics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ligitek Electronics' stock. These opinions can provide insight into Ligitek Electronics' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Ligitek Stock Analysis
When running Ligitek Electronics' price analysis, check to measure Ligitek 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 Ligitek Electronics is operating at the current time. Most of Ligitek Electronics' value examination focuses on studying past and present price action to predict the probability of Ligitek Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ligitek Electronics' price. Additionally, you may evaluate how the addition of Ligitek Electronics to your portfolios can decrease your overall portfolio volatility.