Asia Plastic (Taiwan) Performance
| 1337 Stock | TWD 6.92 0.04 0.58% |
The firm shows a Beta (market volatility) of 0.0981, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Asia Plastic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Asia Plastic is expected to be smaller as well. At this point, Asia Plastic Recycling has a negative expected return of -0.0412%. Please make sure to confirm Asia Plastic's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Asia Plastic Recycling performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Asia Plastic Recycling has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Asia Plastic is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 1.3 B | |
| Total Cashflows From Investing Activities | 392.1 M | |
| Free Cash Flow | -357.5 M |
Asia |
Asia Plastic Relative Risk vs. Return Landscape
If you would invest 714.00 in Asia Plastic Recycling on September 1, 2024 and sell it today you would lose (22.00) from holding Asia Plastic Recycling or give up 3.08% of portfolio value over 90 days. Asia Plastic Recycling is generating negative expected returns and assumes 1.2532% volatility on return distribution over the 90 days horizon. Simply put, 11% of stocks are less volatile than Asia, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Asia Plastic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asia Plastic's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Asia Plastic Recycling, and traders can use it to determine the average amount a Asia Plastic's 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 = -0.0328
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1337 |
Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.04 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 Asia Plastic 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 Asia Plastic by adding Asia Plastic to a well-diversified portfolio.
Asia Plastic Fundamentals Growth
Asia Stock prices reflect investors' perceptions of the future prospects and financial health of Asia Plastic, and Asia Plastic 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 Asia Stock performance.
| Return On Equity | -0.0891 | |||
| Return On Asset | -0.0561 | |||
| Profit Margin | (0.65) % | |||
| Operating Margin | (0.72) % | |||
| Current Valuation | (673.34 M) | |||
| Shares Outstanding | 268.96 M | |||
| Price To Earning | 15.81 X | |||
| Price To Book | 0.38 X | |||
| Price To Sales | 2.66 X | |||
| Revenue | 1.11 B | |||
| EBITDA | (246.64 M) | |||
| Cash And Equivalents | 3 B | |||
| Cash Per Share | 11.17 X | |||
| Total Debt | 174.04 M | |||
| Debt To Equity | 2.20 % | |||
| Book Value Per Share | 18.90 X | |||
| Cash Flow From Operations | (315.39 M) | |||
| Earnings Per Share | (1.68) X | |||
| Total Asset | 5.51 B | |||
| Retained Earnings | 4.22 B | |||
| Current Asset | 3.68 B | |||
| Current Liabilities | 698 M | |||
About Asia Plastic Performance
Evaluating Asia Plastic's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Asia Plastic 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 Asia Plastic 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.
Asia Plastic Recycling Holding Limited engages in the waste plastic scrap recycling business in China. Asia Plastic Recycling Holding Limited is headquartered in Jinjiang, China. ASIA PLASTIC operates under Rubber Plastics classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 923 people.Things to note about Asia Plastic Recycling performance evaluation
Checking the ongoing alerts about Asia Plastic for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Asia Plastic Recycling help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Asia Plastic generated a negative expected return over the last 90 days | |
| The company reported the revenue of 1.11 B. Net Loss for the year was (460.92 M) with loss before overhead, payroll, taxes, and interest of (194.72 M). | |
| Asia Plastic Recycling has accumulated about 3 B in cash with (315.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.17, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 29.0% of the company shares are owned by insiders or employees |
- Analyzing Asia Plastic's 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 Asia Plastic's stock is overvalued or undervalued compared to its peers.
- Examining Asia Plastic's 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 Asia Plastic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Asia Plastic's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Asia Plastic's stock. These opinions can provide insight into Asia Plastic's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Asia Stock Analysis
When running Asia Plastic's price analysis, check to measure Asia Plastic'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 Asia Plastic is operating at the current time. Most of Asia Plastic's value examination focuses on studying past and present price action to predict the probability of Asia Plastic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Plastic's price. Additionally, you may evaluate how the addition of Asia Plastic to your portfolios can decrease your overall portfolio volatility.