Cheng Loong (Taiwan) Performance
| 1904 Stock | TWD 21.70 0.25 1.14% |
The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cheng Loong's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cheng Loong is expected to be smaller as well. At this point, Cheng Loong Corp has a negative expected return of -0.26%. Please make sure to confirm Cheng Loong's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Cheng Loong Corp 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 Cheng Loong Corp 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 | 7.7 B | |
| Total Cashflows From Investing Activities | -6.2 B | |
| Free Cash Flow | -3.2 B |
Cheng |
Cheng Loong Relative Risk vs. Return Landscape
If you would invest 2,570 in Cheng Loong Corp on September 3, 2024 and sell it today you would lose (400.00) from holding Cheng Loong Corp or give up 15.56% of portfolio value over 90 days. Cheng Loong Corp is generating negative expected returns and assumes 1.2508% volatility on return distribution over the 90 days horizon. Simply put, 11% of stocks are less volatile than Cheng, 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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Cheng Loong Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cheng Loong's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cheng Loong Corp, and traders can use it to determine the average amount a Cheng Loong'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 = -0.2081
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| Negative Returns | 1904 |
Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cheng Loong 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 Cheng Loong by adding Cheng Loong to a well-diversified portfolio.
Cheng Loong Fundamentals Growth
Cheng Stock prices reflect investors' perceptions of the future prospects and financial health of Cheng Loong, and Cheng Loong 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 Cheng Stock performance.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0202 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 45.7 B | |||
| Shares Outstanding | 1.11 B | |||
| Price To Earning | 10.07 X | |||
| Price To Book | 1.12 X | |||
| Price To Sales | 0.67 X | |||
| Revenue | 44.99 B | |||
| EBITDA | 8.06 B | |||
| Cash And Equivalents | 5.27 B | |||
| Cash Per Share | 4.76 X | |||
| Total Debt | 16.66 B | |||
| Debt To Equity | 98.40 % | |||
| Book Value Per Share | 24.99 X | |||
| Cash Flow From Operations | 3.69 B | |||
| Earnings Per Share | 2.70 X | |||
| Total Asset | 66.44 B | |||
| Retained Earnings | 7.14 B | |||
| Current Asset | 21.21 B | |||
| Current Liabilities | 17.04 B | |||
About Cheng Loong Performance
Evaluating Cheng Loong's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Cheng Loong 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 Cheng Loong 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.
Cheng Loong Corporation manufactures and sells paper products in Taiwan, China, and Southeast Asia. Cheng Loong Corporation was founded in 1954 and is headquartered in New Taipei City, Taiwan. CHENG LOONG operates under Paper Paper Products classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Cheng Loong Corp performance evaluation
Checking the ongoing alerts about Cheng Loong for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cheng Loong Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cheng Loong Corp generated a negative expected return over the last 90 days | |
| Cheng Loong Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 30.0% of the company shares are owned by insiders or employees |
- Analyzing Cheng Loong'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 Cheng Loong's stock is overvalued or undervalued compared to its peers.
- Examining Cheng Loong'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 Cheng Loong's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cheng Loong's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cheng Loong's stock. These opinions can provide insight into Cheng Loong's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Cheng Stock Analysis
When running Cheng Loong's price analysis, check to measure Cheng Loong'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 Cheng Loong is operating at the current time. Most of Cheng Loong's value examination focuses on studying past and present price action to predict the probability of Cheng Loong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheng Loong's price. Additionally, you may evaluate how the addition of Cheng Loong to your portfolios can decrease your overall portfolio volatility.