Taiwan Cogeneration (Taiwan) Performance
| 8926 Stock | TWD 42.35 0.25 0.59% |
The entity has a beta of -0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Taiwan Cogeneration are expected to decrease at a much lower rate. During the bear market, Taiwan Cogeneration is likely to outperform the market. At this point, Taiwan Cogeneration Corp has a negative expected return of -0.0737%. Please make sure to validate Taiwan Cogeneration's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Taiwan Cogeneration 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 Taiwan Cogeneration Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Taiwan Cogeneration 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 | 1.6 B | |
| Total Cashflows From Investing Activities | -763.3 M |
Taiwan |
Taiwan Cogeneration Relative Risk vs. Return Landscape
If you would invest 4,480 in Taiwan Cogeneration Corp on August 31, 2024 and sell it today you would lose (220.00) from holding Taiwan Cogeneration Corp or give up 4.91% of portfolio value over 90 days. Taiwan Cogeneration Corp is generating negative expected returns and assumes 1.1234% volatility on return distribution over the 90 days horizon. Simply put, 10% of stocks are less volatile than Taiwan, 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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Taiwan Cogeneration Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taiwan Cogeneration's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Taiwan Cogeneration Corp, and traders can use it to determine the average amount a Taiwan Cogeneration'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 = -0.0656
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| Negative Returns | 8926 |
Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Taiwan Cogeneration 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 Taiwan Cogeneration by adding Taiwan Cogeneration to a well-diversified portfolio.
Taiwan Cogeneration Fundamentals Growth
Taiwan Stock prices reflect investors' perceptions of the future prospects and financial health of Taiwan Cogeneration, and Taiwan Cogeneration 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 Taiwan Stock performance.
| Return On Equity | 0.0458 | |||
| Return On Asset | 0.0036 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 24.6 B | |||
| Shares Outstanding | 589.05 M | |||
| Price To Earning | 18.29 X | |||
| Price To Book | 1.73 X | |||
| Price To Sales | 4.50 X | |||
| Revenue | 6.41 B | |||
| EBITDA | 1.43 B | |||
| Cash And Equivalents | 1.15 B | |||
| Cash Per Share | 1.95 X | |||
| Total Debt | 6.24 B | |||
| Debt To Equity | 24.90 % | |||
| Book Value Per Share | 18.80 X | |||
| Cash Flow From Operations | 1.77 B | |||
| Earnings Per Share | 0.87 X | |||
| Total Asset | 24.05 B | |||
| Retained Earnings | 4.67 B | |||
| Current Asset | 2.48 B | |||
| Current Liabilities | 1.64 B | |||
About Taiwan Cogeneration Performance
Evaluating Taiwan Cogeneration's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Taiwan Cogeneration 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 Taiwan Cogeneration 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.
Taiwan Cogeneration Corporation, together with its subsidiaries, operates cogeneration plants in Taiwan. Taiwan Cogeneration Corporation was founded in 1992 and is headquartered in Taipei, Taiwan. TAIWAN COGENERATION operates under Utilities - Independent Power Producers classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Taiwan Cogeneration Corp performance evaluation
Checking the ongoing alerts about Taiwan Cogeneration for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Taiwan Cogeneration Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Taiwan Cogeneration generated a negative expected return over the last 90 days | |
| About 39.0% of the company shares are owned by insiders or employees |
- Analyzing Taiwan Cogeneration'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 Taiwan Cogeneration's stock is overvalued or undervalued compared to its peers.
- Examining Taiwan Cogeneration'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 Taiwan Cogeneration's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Taiwan Cogeneration's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Taiwan Cogeneration's stock. These opinions can provide insight into Taiwan Cogeneration's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Taiwan Stock Analysis
When running Taiwan Cogeneration's price analysis, check to measure Taiwan Cogeneration'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 Taiwan Cogeneration is operating at the current time. Most of Taiwan Cogeneration's value examination focuses on studying past and present price action to predict the probability of Taiwan Cogeneration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Cogeneration's price. Additionally, you may evaluate how the addition of Taiwan Cogeneration to your portfolios can decrease your overall portfolio volatility.