Hong Ho (Taiwan) Performance
| 1446 Stock | TWD 54.80 0.70 1.29% |
On a scale of 0 to 100, Hong Ho holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of -0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hong Ho are expected to decrease at a much lower rate. During the bear market, Hong Ho is likely to outperform the market. Please check Hong Ho's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Hong Ho's current trending patterns will revert.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Hong Ho Precision are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Hong Ho showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 269.7 M | |
| Total Cashflows From Investing Activities | 75.8 M |
Hong |
Hong Ho Relative Risk vs. Return Landscape
If you would invest 4,915 in Hong Ho Precision on September 2, 2024 and sell it today you would earn a total of 565.00 from holding Hong Ho Precision or generate 11.5% return on investment over 90 days. Hong Ho Precision is generating 0.2058% of daily returns and assumes 2.6785% volatility on return distribution over the 90 days horizon. Simply put, 23% of stocks are less volatile than Hong, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hong Ho Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hong Ho's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hong Ho Precision, and traders can use it to determine the average amount a Hong Ho'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 = 0.0768
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 1446 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.68 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Hong Ho is performing at about 6% of its full potential. 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 Hong Ho by adding it to a well-diversified portfolio.
Hong Ho Fundamentals Growth
Hong Stock prices reflect investors' perceptions of the future prospects and financial health of Hong Ho, and Hong Ho 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 Hong Stock performance.
| Return On Equity | -0.0112 | |||
| Return On Asset | -0.0057 | |||
| Profit Margin | (0.11) % | |||
| Operating Margin | (0.27) % | |||
| Current Valuation | 6.94 B | |||
| Shares Outstanding | 137.71 M | |||
| Price To Earning | 909.09 X | |||
| Price To Book | 2.81 X | |||
| Price To Sales | 27.79 X | |||
| Revenue | 193.23 M | |||
| EBITDA | 2.48 M | |||
| Cash And Equivalents | 198.11 M | |||
| Cash Per Share | 1.44 X | |||
| Total Debt | 66.45 M | |||
| Debt To Equity | 1.02 % | |||
| Book Value Per Share | 10.64 X | |||
| Cash Flow From Operations | (319.78 M) | |||
| Earnings Per Share | (0.30) X | |||
| Total Asset | 4.34 B | |||
| Retained Earnings | 130 M | |||
| Current Asset | 3.11 B | |||
| Current Liabilities | 1.8 B | |||
About Hong Ho Performance
Evaluating Hong Ho's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Hong Ho 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 Hong Ho 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.
Hong Ho Precision Textile Co. Ltd. operates as a vertical integrated fabric manufacturer from textured yarn production through preparation, weaving, and dyeing process in Taiwan.Things to note about Hong Ho Precision performance evaluation
Checking the ongoing alerts about Hong Ho for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hong Ho Precision help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the revenue of 193.23 M. Net Loss for the year was (17.16 M) with profit before overhead, payroll, taxes, and interest of 46.76 M. | |
| Hong Ho Precision has accumulated about 198.11 M in cash with (319.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.44. | |
| Roughly 57.0% of the company shares are owned by insiders or employees |
- Analyzing Hong Ho'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 Hong Ho's stock is overvalued or undervalued compared to its peers.
- Examining Hong Ho'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 Hong Ho's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hong Ho's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hong Ho's stock. These opinions can provide insight into Hong Ho's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Hong Stock Analysis
When running Hong Ho's price analysis, check to measure Hong Ho'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 Hong Ho is operating at the current time. Most of Hong Ho's value examination focuses on studying past and present price action to predict the probability of Hong Ho's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hong Ho's price. Additionally, you may evaluate how the addition of Hong Ho to your portfolios can decrease your overall portfolio volatility.