Hsin Kuang (Taiwan) Performance
| 2031 Stock | TWD 50.70 0.30 0.60% |
The company retains a Market Volatility (i.e., Beta) of -0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hsin Kuang are expected to decrease at a much lower rate. During the bear market, Hsin Kuang is likely to outperform the market. At this point, Hsin Kuang Steel has a negative expected return of -0.25%. Please make sure to check out Hsin Kuang's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Hsin Kuang Steel 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 Hsin Kuang Steel 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 December 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 709.4 M | |
| Total Cashflows From Investing Activities | -1.1 B |
Hsin |
Hsin Kuang Relative Risk vs. Return Landscape
If you would invest 5,970 in Hsin Kuang Steel on August 28, 2024 and sell it today you would lose (900.00) from holding Hsin Kuang Steel or give up 15.08% of portfolio value over 90 days. Hsin Kuang Steel is generating negative expected returns and assumes 1.5003% volatility on return distribution over the 90 days horizon. Simply put, 13% of stocks are less volatile than Hsin, 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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Hsin Kuang Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hsin Kuang's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hsin Kuang Steel, and traders can use it to determine the average amount a Hsin Kuang'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 = -0.1653
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| Negative Returns | 2031 |
Estimated Market Risk
| 1.5 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hsin Kuang 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 Hsin Kuang by adding Hsin Kuang to a well-diversified portfolio.
Hsin Kuang Fundamentals Growth
Hsin Stock prices reflect investors' perceptions of the future prospects and financial health of Hsin Kuang, and Hsin Kuang 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 Hsin Stock performance.
| Return On Equity | 0.0812 | |||
| Return On Asset | 0.0313 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 23.39 B | |||
| Shares Outstanding | 321.15 M | |||
| Price To Earning | 11.89 X | |||
| Price To Book | 1.48 X | |||
| Price To Sales | 0.83 X | |||
| Revenue | 14.1 B | |||
| EBITDA | 3.58 B | |||
| Cash And Equivalents | 3.5 B | |||
| Cash Per Share | 10.95 X | |||
| Total Debt | 4.79 B | |||
| Debt To Equity | 0.94 % | |||
| Book Value Per Share | 27.36 X | |||
| Cash Flow From Operations | 515.79 M | |||
| Earnings Per Share | 2.44 X | |||
| Total Asset | 25.92 B | |||
| Retained Earnings | 1.16 B | |||
| Current Asset | 5.87 B | |||
| Current Liabilities | 5 B | |||
About Hsin Kuang Performance
Evaluating Hsin Kuang's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Hsin Kuang 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 Hsin Kuang 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.
Hsin Kuang Steel Company Limited engages in the cutting, stamping, and sale of various steel products in Taiwan. Hsin Kuang Steel Company Limited was founded in 1967 and is based in New Taipei City, Taiwan. HSIN KUANG is traded on Taiwan Stock Exchange in Taiwan.Things to note about Hsin Kuang Steel performance evaluation
Checking the ongoing alerts about Hsin Kuang for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hsin Kuang Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hsin Kuang Steel generated a negative expected return over the last 90 days | |
| About 32.0% of the company shares are owned by insiders or employees |
- Analyzing Hsin Kuang'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 Hsin Kuang's stock is overvalued or undervalued compared to its peers.
- Examining Hsin Kuang'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 Hsin Kuang's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hsin Kuang's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hsin Kuang's stock. These opinions can provide insight into Hsin Kuang's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Hsin Stock Analysis
When running Hsin Kuang's price analysis, check to measure Hsin Kuang'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 Hsin Kuang is operating at the current time. Most of Hsin Kuang's value examination focuses on studying past and present price action to predict the probability of Hsin Kuang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hsin Kuang's price. Additionally, you may evaluate how the addition of Hsin Kuang to your portfolios can decrease your overall portfolio volatility.