Shiny Chemical (Taiwan) Performance
| 1773 Stock | TWD 155.00 0.50 0.32% |
The entity has a beta of 0.0729, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shiny Chemical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shiny Chemical is expected to be smaller as well. At this point, Shiny Chemical Industrial has a negative expected return of -0.13%. Please make sure to validate Shiny Chemical's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Shiny Chemical Industrial 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 Shiny Chemical Industrial has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 443.9 M | |
| Total Cashflows From Investing Activities | -2 B |
Shiny |
Shiny Chemical Relative Risk vs. Return Landscape
If you would invest 16,850 in Shiny Chemical Industrial on November 3, 2024 and sell it today you would lose (1,350) from holding Shiny Chemical Industrial or give up 8.01% of portfolio value over 90 days. Shiny Chemical Industrial is generating negative expected returns and assumes 1.6956% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than Shiny, 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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Shiny Chemical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shiny Chemical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Shiny Chemical Industrial, and traders can use it to determine the average amount a Shiny Chemical'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 = -0.0765
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| Negative Returns | 1773 |
Estimated Market Risk
| 1.7 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shiny Chemical 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 Shiny Chemical by adding Shiny Chemical to a well-diversified portfolio.
Shiny Chemical Fundamentals Growth
Shiny Stock prices reflect investors' perceptions of the future prospects and financial health of Shiny Chemical, and Shiny Chemical 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 Shiny Stock performance.
| Return On Equity | 0.26 | |||
| Return On Asset | 0.12 | |||
| Profit Margin | 0.16 % | |||
| Operating Margin | 0.18 % | |||
| Current Valuation | 31.99 B | |||
| Shares Outstanding | 250 M | |||
| Price To Earning | 14.21 X | |||
| Price To Book | 3.80 X | |||
| Price To Sales | 2.48 X | |||
| Revenue | 11.14 B | |||
| EBITDA | 2.33 B | |||
| Cash And Equivalents | 286.24 M | |||
| Cash Per Share | 1.14 X | |||
| Total Debt | 1.1 B | |||
| Debt To Equity | 0.38 % | |||
| Book Value Per Share | 30.69 X | |||
| Cash Flow From Operations | 1.42 B | |||
| Earnings Per Share | 7.37 X | |||
| Total Asset | 10.94 B | |||
| Retained Earnings | 2.3 B | |||
| Current Asset | 2.47 B | |||
| Current Liabilities | 1.1 B | |||
About Shiny Chemical Performance
Evaluating Shiny Chemical's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Shiny Chemical 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 Shiny Chemical 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.
Shiny Chemical Industrial Company Limited manufactures and sells electronic and industrial solvents in Taiwan. The company was founded in 1979 and is based in Kaohsiung, Taiwan. SHINY CHEMICAL operates under Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Shiny Chemical Industrial performance evaluation
Checking the ongoing alerts about Shiny Chemical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Shiny Chemical Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Shiny Chemical is not yet fully synchronised with the market data | |
| Shiny Chemical generated a negative expected return over the last 90 days | |
| Shiny Chemical Industrial has accumulated 1.1 B in total debt with debt to equity ratio (D/E) of 0.38, which is about average as compared to similar companies. Shiny Chemical Industrial has a current ratio of 0.97, 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 Shiny Chemical until it has trouble settling it off, either with new capital or with free cash flow. So, Shiny Chemical'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 Shiny Chemical Industrial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shiny to invest in growth at high rates of return. When we think about Shiny Chemical's use of debt, we should always consider it together with cash and equity. | |
| About 60.0% of Shiny Chemical shares are owned by insiders or employees |
- Analyzing Shiny Chemical'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 Shiny Chemical's stock is overvalued or undervalued compared to its peers.
- Examining Shiny Chemical'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 Shiny Chemical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Shiny Chemical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Shiny Chemical's stock. These opinions can provide insight into Shiny Chemical's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Shiny Stock Analysis
When running Shiny Chemical's price analysis, check to measure Shiny Chemical'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 Shiny Chemical is operating at the current time. Most of Shiny Chemical's value examination focuses on studying past and present price action to predict the probability of Shiny Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shiny Chemical's price. Additionally, you may evaluate how the addition of Shiny Chemical to your portfolios can decrease your overall portfolio volatility.