Cleanaway (Taiwan) Performance
| 8422 Stock | TWD 181.00 1.00 0.55% |
The firm shows a Beta (market volatility) of 0.0637, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cleanaway's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cleanaway is expected to be smaller as well. At this point, Cleanaway has a negative expected return of -0.0706%. Please make sure to confirm Cleanaway's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Cleanaway 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 Cleanaway Co has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Cleanaway is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 1.1 B | |
| Total Cashflows From Investing Activities | -273.6 M |
Cleanaway |
Cleanaway Relative Risk vs. Return Landscape
If you would invest 18,950 in Cleanaway Co on August 29, 2024 and sell it today you would lose (850.00) from holding Cleanaway Co or give up 4.49% of portfolio value over 90 days. Cleanaway Co is generating negative expected returns and assumes 0.8387% volatility on return distribution over the 90 days horizon. Simply put, 7% of stocks are less volatile than Cleanaway, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Cleanaway Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cleanaway's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cleanaway Co, and traders can use it to determine the average amount a Cleanaway'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 = -0.0841
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| Negative Returns | 8422 |
Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.07 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 Cleanaway 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 Cleanaway by adding Cleanaway to a well-diversified portfolio.
Cleanaway Fundamentals Growth
Cleanaway Stock prices reflect investors' perceptions of the future prospects and financial health of Cleanaway, and Cleanaway 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 Cleanaway Stock performance.
| Return On Equity | 0.2 | |||
| Return On Asset | 0.11 | |||
| Profit Margin | 0.26 % | |||
| Operating Margin | 0.32 % | |||
| Current Valuation | 20.87 B | |||
| Shares Outstanding | 108.89 M | |||
| Price To Earning | 18.97 X | |||
| Price To Book | 3.45 X | |||
| Price To Sales | 4.23 X | |||
| Revenue | 3.02 B | |||
| EBITDA | 1.66 B | |||
| Cash And Equivalents | 1.59 B | |||
| Cash Per Share | 14.61 X | |||
| Total Debt | 65 M | |||
| Debt To Equity | 0.08 % | |||
| Book Value Per Share | 51.84 X | |||
| Cash Flow From Operations | 1.38 B | |||
| Earnings Per Share | 10.93 X | |||
| Total Asset | 7.75 B | |||
| Retained Earnings | 1.83 B | |||
| Current Asset | 4.03 B | |||
| Current Liabilities | 1.8 B | |||
About Cleanaway Performance
Evaluating Cleanaway's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Cleanaway 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 Cleanaway 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.
Cleanaway Company Limited operates as an intermediate treatment solidification company within the waste disposal process in Taiwan. Cleanaway Company Limited was founded in 1999 and is headquartered in Kaohsiung City, Taiwan. CLEANAWAY COMPANY is traded on Taiwan Stock Exchange in Taiwan.Things to note about Cleanaway performance evaluation
Checking the ongoing alerts about Cleanaway for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cleanaway help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cleanaway generated a negative expected return over the last 90 days | |
| About 33.0% of the company shares are owned by insiders or employees |
- Analyzing Cleanaway'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 Cleanaway's stock is overvalued or undervalued compared to its peers.
- Examining Cleanaway'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 Cleanaway's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cleanaway's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cleanaway's stock. These opinions can provide insight into Cleanaway's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Cleanaway Stock Analysis
When running Cleanaway's price analysis, check to measure Cleanaway'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 Cleanaway is operating at the current time. Most of Cleanaway's value examination focuses on studying past and present price action to predict the probability of Cleanaway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cleanaway's price. Additionally, you may evaluate how the addition of Cleanaway to your portfolios can decrease your overall portfolio volatility.