Optimax Technology Full Year 2023 Earnings EPS NT1.03 - Simply Wall St
| 4960 Stock | 13.15 0.20 1.54% |
Slightly above 52% of Cheng Mei's sophisticated investors are presently thinking to get in. The analysis of current outlook of investing in Cheng Mei Materials suggests that some traders are interested regarding Cheng Mei's prospects. Cheng Mei's investing sentiment can be driven by a variety of factors including economic data, Cheng Mei's earnings reports, geopolitical events, and overall market trends.
Cheng Mei stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Cheng daily returns and investor perception about the current price of Cheng Mei Materials as well as its diversification or hedging effects on your existing portfolios.
Cheng |
Optimax Technology Full Year 2023 Earnings EPS NT1.03 Simply Wall St
Read at news.google.com
 |
Cheng Mei Fundamental Analysis
We analyze Cheng Mei's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cheng Mei using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cheng Mei 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.
Beta
Beta Comparative Analysis
Cheng Mei is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Cheng Mei Materials Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cheng Mei stock to make a market-neutral strategy. Peer analysis of Cheng Mei could also be used in its relative valuation, which is a method of valuing Cheng Mei by comparing valuation metrics with similar companies.
Peers
Cheng Mei Related Equities
| 9921 | Giant Manufacturing | 3.08 | ||||
| 2409 | AU Optronics | 0.32 | ||||
| 3034 | Novatek Microelectronics | 0.21 | ||||
| 9908 | Great Taipei | 0.17 | ||||
| 2882A | Cathay Financial | 0.33 | ||||
| 9945 | Ruentex Development | 0.43 | ||||
| 3481 | Innolux Corp | 0.96 | ||||
| 3058 | Leader Electronics | 1.20 | ||||
| 5245 | WiseChip Semiconductor | 2.01 | ||||
| 6697 | Information Technology | 2.85 |
Additional Tools for Cheng Stock Analysis
When running Cheng Mei's price analysis, check to measure Cheng Mei'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 Cheng Mei is operating at the current time. Most of Cheng Mei's value examination focuses on studying past and present price action to predict the probability of Cheng Mei's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheng Mei's price. Additionally, you may evaluate how the addition of Cheng Mei to your portfolios can decrease your overall portfolio volatility.