Taylor Devices Stock Performance
| TAYD Stock | USD 46.62 0.22 0.47% |
The entity has a beta of 3.24, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Taylor Devices will likely underperform. At this point, Taylor Devices has a negative expected return of -0.14%. Please make sure to validate Taylor Devices' value at risk, and the relationship between the jensen alpha and accumulation distribution , to decide if Taylor Devices 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 Taylor Devices has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unsteady performance, the Stock's basic indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the firm shareholders. ...more
| Begin Period Cash Flow | 3.6 M |
Taylor |
Taylor Devices Relative Risk vs. Return Landscape
If you would invest 5,443 in Taylor Devices on August 28, 2024 and sell it today you would lose (781.00) from holding Taylor Devices or give up 14.35% of portfolio value over 90 days. Taylor Devices is currently does not generate positive expected returns and assumes 4.6358% risk (volatility on return distribution) over the 90 days horizon. In different words, 41% of stocks are less volatile than Taylor, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Taylor Devices Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taylor Devices' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Taylor Devices, and traders can use it to determine the average amount a Taylor Devices' 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 = -0.0297
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| Negative Returns | TAYD |
Estimated Market Risk
| 4.64 actual daily | 41 59% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Taylor Devices 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 Taylor Devices by adding Taylor Devices to a well-diversified portfolio.
Taylor Devices Fundamentals Growth
Taylor Stock prices reflect investors' perceptions of the future prospects and financial health of Taylor Devices, and Taylor Devices 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 Taylor Stock performance.
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.21 % | ||||
| Operating Margin | 0.25 % | ||||
| Current Valuation | 118.02 M | ||||
| Shares Outstanding | 3.13 M | ||||
| Price To Earning | 23.64 X | ||||
| Price To Book | 2.69 X | ||||
| Price To Sales | 3.14 X | ||||
| Revenue | 44.58 M | ||||
| EBITDA | 11.18 M | ||||
| Cash And Equivalents | 22.78 M | ||||
| Cash Per Share | 6.51 X | ||||
| Total Debt | 9.72 M | ||||
| Debt To Equity | 0.04 % | ||||
| Book Value Per Share | 17.24 X | ||||
| Cash Flow From Operations | 13.22 M | ||||
| Earnings Per Share | 2.91 X | ||||
| Total Asset | 60.96 M | ||||
| Retained Earnings | 51.13 M | ||||
| Current Asset | 26.08 M | ||||
| Current Liabilities | 5.13 M | ||||
About Taylor Devices Performance
By analyzing Taylor Devices' fundamental ratios, stakeholders can gain valuable insights into Taylor Devices' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Taylor Devices 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 Taylor Devices has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Taylor Devices, Inc. engages in design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in machinery, equipment, and structures in North America, Asia, and internationally. The company was incorporated in 1955 and is headquartered in North Tonawanda, New York. Taylor Devices operates under Specialty Industrial Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 123 people.Things to note about Taylor Devices performance evaluation
Checking the ongoing alerts about Taylor Devices for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Taylor Devices help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Taylor Devices generated a negative expected return over the last 90 days | |
| Taylor Devices has high historical volatility and very poor performance | |
| Taylor Devices has a strong financial position based on the latest SEC filings |
- Analyzing Taylor Devices' 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 Taylor Devices' stock is overvalued or undervalued compared to its peers.
- Examining Taylor Devices' 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 Taylor Devices' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Taylor Devices' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Taylor Devices' stock. These opinions can provide insight into Taylor Devices' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Taylor Stock analysis
When running Taylor Devices' price analysis, check to measure Taylor Devices' 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 Taylor Devices is operating at the current time. Most of Taylor Devices' value examination focuses on studying past and present price action to predict the probability of Taylor Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taylor Devices' price. Additionally, you may evaluate how the addition of Taylor Devices to your portfolios can decrease your overall portfolio volatility.
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