Far Eastern (Taiwan) Performance
| 1402 Stock | TWD 35.00 0.75 2.10% |
The firm shows a Beta (market volatility) of -0.14, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Far Eastern are expected to decrease at a much lower rate. During the bear market, Far Eastern is likely to outperform the market. At this point, Far Eastern New has a negative expected return of -0.0451%. Please make sure to confirm Far Eastern's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Far Eastern New 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 Far Eastern New has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Far Eastern 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 | 35.2 B | |
| Total Cashflows From Investing Activities | -21.8 B |
Far |
Far Eastern Relative Risk vs. Return Landscape
If you would invest 3,625 in Far Eastern New on August 30, 2024 and sell it today you would lose (125.00) from holding Far Eastern New or give up 3.45% of portfolio value over 90 days. Far Eastern New is generating negative expected returns and assumes 1.5272% volatility on return distribution over the 90 days horizon. Simply put, 13% of stocks are less volatile than Far, 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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Far Eastern Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Far Eastern's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Far Eastern New, and traders can use it to determine the average amount a Far Eastern'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 = -0.0295
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| Negative Returns | 1402 |
Estimated Market Risk
| 1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.05 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 Far Eastern 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 Far Eastern by adding Far Eastern to a well-diversified portfolio.
Far Eastern Fundamentals Growth
Far Stock prices reflect investors' perceptions of the future prospects and financial health of Far Eastern, and Far Eastern 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 Far Stock performance.
| Return On Equity | 0.0536 | |||
| Return On Asset | 0.0138 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 420.26 B | |||
| Shares Outstanding | 5.35 B | |||
| Price To Earning | 13.67 X | |||
| Price To Book | 0.84 X | |||
| Price To Sales | 0.66 X | |||
| Revenue | 238.81 B | |||
| EBITDA | 48.07 B | |||
| Cash And Equivalents | 47.53 B | |||
| Cash Per Share | 8.88 X | |||
| Total Debt | 199.91 B | |||
| Debt To Equity | 87.50 % | |||
| Book Value Per Share | 39.42 X | |||
| Cash Flow From Operations | 36.52 B | |||
| Earnings Per Share | 1.86 X | |||
| Total Asset | 635.33 B | |||
| Retained Earnings | 137.77 B | |||
| Current Asset | 109.09 B | |||
| Current Liabilities | 100.53 B | |||
About Far Eastern Performance
Evaluating Far Eastern's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Far Eastern 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 Far Eastern 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.
Far Eastern New Century Corporation manufactures and sells polyester materials, and semi-finished and finished textiles worldwide. The company was founded in 1942 and is based in Taipei City, Taiwan. FAR EASTERN operates under Textiles classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Far Eastern New performance evaluation
Checking the ongoing alerts about Far Eastern for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Far Eastern New help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Far Eastern New generated a negative expected return over the last 90 days | |
| Far Eastern New has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Far Eastern New has accumulated 199.91 B in total debt with debt to equity ratio (D/E) of 87.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Far Eastern New has a current ratio of 0.94, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Far Eastern until it has trouble settling it off, either with new capital or with free cash flow. So, Far Eastern's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Far Eastern New sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Far to invest in growth at high rates of return. When we think about Far Eastern's use of debt, we should always consider it together with cash and equity. | |
| About 44.0% of Far Eastern shares are owned by insiders or employees |
- Analyzing Far Eastern'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 Far Eastern's stock is overvalued or undervalued compared to its peers.
- Examining Far Eastern'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 Far Eastern's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Far Eastern's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Far Eastern's stock. These opinions can provide insight into Far Eastern's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Far Stock Analysis
When running Far Eastern's price analysis, check to measure Far Eastern'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 Far Eastern is operating at the current time. Most of Far Eastern's value examination focuses on studying past and present price action to predict the probability of Far Eastern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Far Eastern's price. Additionally, you may evaluate how the addition of Far Eastern to your portfolios can decrease your overall portfolio volatility.