Lite On (Taiwan) Performance
| 2301 Stock | TWD 109.00 1.00 0.93% |
Lite On has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.4, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Lite On are expected to decrease at a much lower rate. During the bear market, Lite On is likely to outperform the market. Lite On Technology right now secures a risk of 1.76%. Please verify Lite On Technology Corp standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Lite On Technology Corp will be following its current price movements.
Risk-Adjusted Performance
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Lite On Technology Corp are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Lite On may actually be approaching a critical reversion point that can send shares even higher in March 2025. ...more
| Begin Period Cash Flow | 71.5 B | |
| Total Cashflows From Investing Activities | -3.1 B |
Lite |
Lite On Relative Risk vs. Return Landscape
If you would invest 10,200 in Lite On Technology Corp on November 3, 2024 and sell it today you would earn a total of 700.00 from holding Lite On Technology Corp or generate 6.86% return on investment over 90 days. Lite On Technology Corp is generating 0.1296% of daily returns and assumes 1.7621% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than Lite, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Lite On Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lite On's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Lite On Technology Corp, and traders can use it to determine the average amount a Lite On'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 = 0.0736
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Estimated Market Risk
| 1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Lite On is performing at about 5% of its full potential. 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 Lite On by adding it to a well-diversified portfolio.
Lite On Fundamentals Growth
Lite Stock prices reflect investors' perceptions of the future prospects and financial health of Lite On, and Lite On 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 Lite Stock performance.
| Return On Equity | 0.17 | |||
| Return On Asset | 0.05 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 101.17 B | |||
| Shares Outstanding | 2.3 B | |||
| Price To Earning | 12.13 X | |||
| Price To Book | 1.90 X | |||
| Price To Sales | 0.85 X | |||
| Revenue | 164.83 B | |||
| EBITDA | 21.99 B | |||
| Cash And Equivalents | 62.61 B | |||
| Cash Per Share | 26.94 X | |||
| Total Debt | 25.95 B | |||
| Debt To Equity | 33.50 % | |||
| Book Value Per Share | 34.55 X | |||
| Cash Flow From Operations | 12.16 B | |||
| Earnings Per Share | 5.54 X | |||
| Total Asset | 183.54 B | |||
| Retained Earnings | 25.07 B | |||
| Current Asset | 140.04 B | |||
| Current Liabilities | 99.22 B | |||
About Lite On Performance
Evaluating Lite On's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Lite On 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 Lite On 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.
Lite-On Technology Corporation manufactures and markets computer software, hardware, peripherals, and components in Asia, Europe, the United States, and internationally. The company was founded in 1975 and is headquartered in Taipei, Taiwan. LITE ON operates under Electronic Finished Products classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Lite On Technology performance evaluation
Checking the ongoing alerts about Lite On for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Lite On Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Lite On Technology is not yet fully synchronised with the market data | |
| About 13.0% of the company shares are owned by insiders or employees |
- Analyzing Lite On'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 Lite On's stock is overvalued or undervalued compared to its peers.
- Examining Lite On'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 Lite On's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Lite On's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Lite On's stock. These opinions can provide insight into Lite On's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Lite Stock Analysis
When running Lite On's price analysis, check to measure Lite On'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 Lite On is operating at the current time. Most of Lite On's value examination focuses on studying past and present price action to predict the probability of Lite On's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lite On's price. Additionally, you may evaluate how the addition of Lite On to your portfolios can decrease your overall portfolio volatility.