| 0052 Stock | | | 183.90 1.20 0.66% |
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Fubon Taiwan Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Fubon Taiwan Technology Company Z Score Analysis
Fubon Taiwan's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
| First Factor | = | 1.2 * ( | Working Capital | / | Total Assets ) |
|
| Second Factor | = | 1.4 * ( | Retained Earnings | / | Total Assets ) |
|
| Thrid Factor | = | 3.3 * ( | EBITAD | / | Total Assets ) |
|
| Fouth Factor | = | 0.6 * ( | Market Value of Equity | / | Total Liabilities ) |
|
| Fifth Factor | = | 0.99 * ( | Revenue | / | Total Assets ) |
|
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
In accordance with the company's disclosures, Fubon Taiwan Technology has a Z Score of 0.0. This indicator is about the same for the Fubon Securities Inv Trust Co Ltd average (which is currently at 0.0) sector and about the same as
Sector Equity Technology (which currently averages 0.0) industry. This indicator is about the same for all Taiwan stocks average (which is currently at 0.0).
Fubon Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fubon Taiwan's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fubon Taiwan could also be used in its relative valuation, which is a method of valuing Fubon Taiwan by comparing valuation metrics of similar companies.
Fubon Taiwan is currently under evaluation in z score category among its peers.
Fund Asset Allocation for Fubon Taiwan
The fund consists of 98.99% investments in stocks, with the rest of investments allocated between various types of exotic instruments.
Asset allocation divides Fubon Taiwan's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Fubon Fundamentals
About Fubon Taiwan Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fubon Taiwan Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fubon Taiwan using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Fubon Taiwan Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing
financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our
fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Fubon Stock Analysis
When running Fubon Taiwan's price analysis, check to
measure Fubon Taiwan'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 Fubon Taiwan is operating at the current time. Most of Fubon Taiwan's value examination focuses on studying past and present price action to
predict the probability of Fubon Taiwan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fubon Taiwan's price. Additionally, you may evaluate how the addition of Fubon Taiwan to your portfolios can decrease your overall portfolio volatility.