Sinkang Industries (Taiwan) Performance
| 2032 Stock | TWD 14.90 0.10 0.68% |
The entity has a beta of 0.49, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sinkang Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Sinkang Industries is expected to be smaller as well. At this point, Sinkang Industries has a negative expected return of -0.0037%. Please make sure to validate Sinkang Industries' standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Sinkang Industries 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 Sinkang Industries Co has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Sinkang Industries is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 125.4 M | |
| Total Cashflows From Investing Activities | -56.4 M |
Sinkang |
Sinkang Industries Relative Risk vs. Return Landscape
If you would invest 1,500 in Sinkang Industries Co on August 31, 2024 and sell it today you would lose (20.00) from holding Sinkang Industries Co or give up 1.33% of portfolio value over 90 days. Sinkang Industries Co is generating negative expected returns and assumes 1.9137% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Sinkang, 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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Sinkang Industries Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sinkang Industries' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sinkang Industries Co, and traders can use it to determine the average amount a Sinkang Industries' 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 = -0.0019
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| Negative Returns | 2032 |
Estimated Market Risk
| 1.91 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sinkang Industries 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 Sinkang Industries by adding Sinkang Industries to a well-diversified portfolio.
Sinkang Industries Fundamentals Growth
Sinkang Stock prices reflect investors' perceptions of the future prospects and financial health of Sinkang Industries, and Sinkang Industries 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 Sinkang Stock performance.
| Return On Equity | 0.0173 | |||
| Return On Asset | 6.0E-4 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.0005 % | |||
| Current Valuation | 2.33 B | |||
| Shares Outstanding | 130.52 M | |||
| Price To Earning | 62.01 X | |||
| Price To Book | 1.48 X | |||
| Price To Sales | 0.74 X | |||
| Revenue | 3.49 B | |||
| EBITDA | 227.96 M | |||
| Cash And Equivalents | 285.96 M | |||
| Cash Per Share | 2.19 X | |||
| Total Debt | 49.11 M | |||
| Debt To Equity | 2.90 % | |||
| Book Value Per Share | 12.94 X | |||
| Cash Flow From Operations | 56.44 M | |||
| Earnings Per Share | 0.23 X | |||
| Total Asset | 2.24 B | |||
| Retained Earnings | 222 M | |||
| Current Asset | 1.16 B | |||
| Current Liabilities | 135 M | |||
About Sinkang Industries Performance
Evaluating Sinkang Industries' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Sinkang Industries 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 Sinkang Industries 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.
Sinkang Industries Co., Ltd. manufactures, processes, and sells stainless steel in Taiwan and internationally. The company was founded in 1971 and is based in New Taipei City, Taiwan. SINKANG INDUSTRIES is traded on Taiwan Stock Exchange in Taiwan.Things to note about Sinkang Industries performance evaluation
Checking the ongoing alerts about Sinkang Industries for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sinkang Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sinkang Industries generated a negative expected return over the last 90 days | |
| About 42.0% of the company shares are owned by insiders or employees |
- Analyzing Sinkang Industries' 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 Sinkang Industries' stock is overvalued or undervalued compared to its peers.
- Examining Sinkang Industries' 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 Sinkang Industries' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sinkang Industries' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sinkang Industries' stock. These opinions can provide insight into Sinkang Industries' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Sinkang Stock Analysis
When running Sinkang Industries' price analysis, check to measure Sinkang Industries' 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 Sinkang Industries is operating at the current time. Most of Sinkang Industries' value examination focuses on studying past and present price action to predict the probability of Sinkang Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinkang Industries' price. Additionally, you may evaluate how the addition of Sinkang Industries to your portfolios can decrease your overall portfolio volatility.