Chang Type (Taiwan) Performance
| 1541 Stock | TWD 27.50 0.05 0.18% |
The firm shows a Beta (market volatility) of -0.0209, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Chang Type are expected to decrease at a much lower rate. During the bear market, Chang Type is likely to outperform the market. At this point, Chang Type Industrial has a negative expected return of -0.24%. Please make sure to confirm Chang Type's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Chang Type Industrial 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 Chang Type Industrial 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 January 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 210.4 M | |
| Total Cashflows From Investing Activities | -97 M |
Chang |
Chang Type Relative Risk vs. Return Landscape
If you would invest 3,220 in Chang Type Industrial on September 12, 2024 and sell it today you would lose (475.00) from holding Chang Type Industrial or give up 14.75% of portfolio value over 90 days. Chang Type Industrial is generating negative expected returns and assumes 1.527% volatility on return distribution over the 90 days horizon. Simply put, 13% of stocks are less volatile than Chang, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Chang Type Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chang Type's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Chang Type Industrial, and traders can use it to determine the average amount a Chang Type'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 = -0.1582
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1541 |
Estimated Market Risk
| 1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Chang Type 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 Chang Type by adding Chang Type to a well-diversified portfolio.
Chang Type Fundamentals Growth
Chang Stock prices reflect investors' perceptions of the future prospects and financial health of Chang Type, and Chang Type 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 Chang Stock performance.
| Return On Equity | 0.26 | |||
| Return On Asset | 0.0285 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 3.85 B | |||
| Shares Outstanding | 78.8 M | |||
| Price To Earning | 26.32 X | |||
| Price To Book | 1.36 X | |||
| Price To Sales | 0.52 X | |||
| Revenue | 6.2 B | |||
| EBITDA | 459.01 M | |||
| Cash And Equivalents | 151.23 M | |||
| Cash Per Share | 1.92 X | |||
| Total Debt | 999.75 M | |||
| Debt To Equity | 88.50 % | |||
| Book Value Per Share | 25.26 X | |||
| Cash Flow From Operations | (635.6 M) | |||
| Earnings Per Share | 5.95 X | |||
| Total Asset | 5.2 B | |||
| Retained Earnings | 371 M | |||
| Current Asset | 1.78 B | |||
| Current Liabilities | 1.34 B | |||
About Chang Type Performance
Evaluating Chang Type's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Chang Type 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 Chang Type 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.
CHANG TYPE Industrial Co., Ltd. researches, develops, manufactures, and sells power tools in Taiwan and internationally. The company was founded in 1989 and is based in Taichung, Taiwan. CHANG TYPE operates under Diversified Industrials classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 440 people.Things to note about Chang Type Industrial performance evaluation
Checking the ongoing alerts about Chang Type for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Chang Type Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Chang Type generated a negative expected return over the last 90 days | |
| Chang Type has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Chang Type Industrial has accumulated about 151.23 M in cash with (635.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.92. | |
| Roughly 82.0% of the company shares are owned by insiders or employees |
- Analyzing Chang Type'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 Chang Type's stock is overvalued or undervalued compared to its peers.
- Examining Chang Type'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 Chang Type's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Chang Type's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Chang Type's stock. These opinions can provide insight into Chang Type's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Chang Stock Analysis
When running Chang Type's price analysis, check to measure Chang Type'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 Chang Type is operating at the current time. Most of Chang Type's value examination focuses on studying past and present price action to predict the probability of Chang Type's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chang Type's price. Additionally, you may evaluate how the addition of Chang Type to your portfolios can decrease your overall portfolio volatility.