Medigen Biotechnology Stock Five Year Return
| 3176 Stock | TWD 35.05 0.90 2.64% |
Medigen Biotechnology fundamentals help investors to digest information that contributes to Medigen Biotechnology's financial success or failures. It also enables traders to predict the movement of Medigen Stock. The fundamental analysis module provides a way to measure Medigen Biotechnology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Medigen Biotechnology stock.
Medigen |
Medigen Biotechnology Company Five Year Return Analysis
Medigen Biotechnology's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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According to the company disclosure, Medigen Biotechnology has a Five Year Return of 0.0%. This indicator is about the same for the Biotechnology average (which is currently at 0.0) sector and about the same as Health Care (which currently averages 0.0) industry. This indicator is about the same for all Taiwan stocks average (which is currently at 0.0).
Medigen Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Medigen Biotechnology's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Medigen Biotechnology could also be used in its relative valuation, which is a method of valuing Medigen Biotechnology by comparing valuation metrics of similar companies.Medigen Biotechnology is currently under evaluation in five year return category among its peers.
Medigen Fundamentals
| Return On Equity | -0.0022 | |||
| Return On Asset | 0.0036 | |||
| Profit Margin | (0.08) % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 2.9 B | |||
| Shares Outstanding | 139.45 M | |||
| Shares Owned By Insiders | 25.17 % | |||
| Shares Owned By Institutions | 2.80 % | |||
| Price To Book | 2.01 X | |||
| Price To Sales | 1.66 X | |||
| Revenue | 3.92 B | |||
| Gross Profit | 2.55 B | |||
| EBITDA | 1.35 B | |||
| Net Income | (52.61 M) | |||
| Total Debt | 470.77 M | |||
| Book Value Per Share | 18.24 X | |||
| Cash Flow From Operations | 518.12 M | |||
| Earnings Per Share | (0.51) X | |||
| Number Of Employees | 18 | |||
| Beta | 0.99 | |||
| Market Capitalization | 4.42 B | |||
| Total Asset | 8.2 B | |||
| Z Score | 5.4 | |||
| Net Asset | 8.2 B |
About Medigen Biotechnology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Medigen Biotechnology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Medigen Biotechnology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Medigen Biotechnology 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.
Pair Trading with Medigen Biotechnology
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Medigen Biotechnology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Medigen Biotechnology will appreciate offsetting losses from the drop in the long position's value.Moving against Medigen Stock
| 0.73 | 3211 | Dynapack International | PairCorr |
| 0.55 | 2603 | Evergreen Marine Corp | PairCorr |
| 0.47 | 2609 | Yang Ming Marine | PairCorr |
| 0.46 | 1432 | Trk Corp | PairCorr |
The ability to find closely correlated positions to Medigen Biotechnology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Medigen Biotechnology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Medigen Biotechnology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Medigen Biotechnology to buy it.
The correlation of Medigen Biotechnology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Medigen Biotechnology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Medigen Biotechnology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Medigen Biotechnology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Medigen Stock Analysis
When running Medigen Biotechnology's price analysis, check to measure Medigen Biotechnology'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 Medigen Biotechnology is operating at the current time. Most of Medigen Biotechnology's value examination focuses on studying past and present price action to predict the probability of Medigen Biotechnology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medigen Biotechnology's price. Additionally, you may evaluate how the addition of Medigen Biotechnology to your portfolios can decrease your overall portfolio volatility.