Formosa Chemicals (Taiwan) Performance
| 1326 Stock | TWD 35.20 0.45 1.26% |
The firm shows a Beta (market volatility) of 0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, Formosa Chemicals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Formosa Chemicals is expected to be smaller as well. At this point, Formosa Chemicals Fibre has a negative expected return of -0.34%. Please make sure to confirm Formosa Chemicals' treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Formosa Chemicals Fibre 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 Formosa Chemicals Fibre has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in December 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 17.1 B | |
| Total Cashflows From Investing Activities | -24.2 B |
Formosa |
Formosa Chemicals Relative Risk vs. Return Landscape
If you would invest 4,405 in Formosa Chemicals Fibre on August 24, 2024 and sell it today you would lose (885.00) from holding Formosa Chemicals Fibre or give up 20.09% of portfolio value over 90 days. Formosa Chemicals Fibre is generating negative expected returns and assumes 2.0082% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Formosa, 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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Formosa Chemicals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Formosa Chemicals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Formosa Chemicals Fibre, and traders can use it to determine the average amount a Formosa Chemicals' 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 = -0.1671
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| Negative Returns | 1326 |
Estimated Market Risk
| 2.01 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Formosa Chemicals 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 Formosa Chemicals by adding Formosa Chemicals to a well-diversified portfolio.
Formosa Chemicals Fundamentals Growth
Formosa Stock prices reflect investors' perceptions of the future prospects and financial health of Formosa Chemicals, and Formosa Chemicals 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 Formosa Stock performance.
| Return On Equity | 0.0518 | |||
| Return On Asset | 0.0035 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 425.8 B | |||
| Shares Outstanding | 5.85 B | |||
| Price To Earning | 12.64 X | |||
| Price To Book | 1.23 X | |||
| Price To Sales | 1.07 X | |||
| Revenue | 365.81 B | |||
| EBITDA | 69.2 B | |||
| Cash And Equivalents | 136.71 B | |||
| Cash Per Share | 23.43 X | |||
| Total Debt | 62.68 B | |||
| Debt To Equity | 21.00 % | |||
| Book Value Per Share | 58.30 X | |||
| Cash Flow From Operations | 38.73 B | |||
| Earnings Per Share | 3.15 X | |||
| Total Asset | 598.35 B | |||
About Formosa Chemicals Performance
Evaluating Formosa Chemicals' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Formosa Chemicals 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 Formosa Chemicals 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.
Formosa Chemicals Fibre Corporation produces and sells petrochemical products, nylon fibers, and rayon staple fibers in Taiwan, China, and internationally. Formosa Chemicals Fibre Corporation was founded in 1965 and is based in Changhua, Taiwan. FORMOSA CHEMICAL operates under Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Formosa Chemicals Fibre performance evaluation
Checking the ongoing alerts about Formosa Chemicals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Formosa Chemicals Fibre help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Formosa Chemicals generated a negative expected return over the last 90 days | |
| About 42.0% of the company shares are owned by insiders or employees |
- Analyzing Formosa Chemicals' 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 Formosa Chemicals' stock is overvalued or undervalued compared to its peers.
- Examining Formosa Chemicals' 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 Formosa Chemicals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Formosa Chemicals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Formosa Chemicals' stock. These opinions can provide insight into Formosa Chemicals' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Formosa Stock Analysis
When running Formosa Chemicals' price analysis, check to measure Formosa Chemicals' 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 Formosa Chemicals is operating at the current time. Most of Formosa Chemicals' value examination focuses on studying past and present price action to predict the probability of Formosa Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Chemicals' price. Additionally, you may evaluate how the addition of Formosa Chemicals to your portfolios can decrease your overall portfolio volatility.