Macronix International (Taiwan) Performance
| 2337 Stock | TWD 21.60 0.10 0.47% |
The company secures a Beta (Market Risk) of 0.0808, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Macronix International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Macronix International is expected to be smaller as well. At this point, Macronix International has a negative expected return of -0.38%. Please make sure to verify Macronix International's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Macronix International 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 Macronix International Co 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 | 11.9 B | |
| Total Cashflows From Investing Activities | -2.6 B |
Macronix |
Macronix International Relative Risk vs. Return Landscape
If you would invest 2,780 in Macronix International Co on August 25, 2024 and sell it today you would lose (620.00) from holding Macronix International Co or give up 22.3% of portfolio value over 90 days. Macronix International Co is generating negative expected returns and assumes 1.8716% volatility on return distribution over the 90 days horizon. Simply put, 16% of stocks are less volatile than Macronix, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Macronix International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Macronix International's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Macronix International Co, and traders can use it to determine the average amount a Macronix International'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 = -0.2043
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2337 |
Estimated Market Risk
| 1.87 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Macronix International 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 Macronix International by adding Macronix International to a well-diversified portfolio.
Macronix International Fundamentals Growth
Macronix Stock prices reflect investors' perceptions of the future prospects and financial health of Macronix International, and Macronix International 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 Macronix Stock performance.
| Return On Equity | 0.25 | |||
| Return On Asset | 0.1 | |||
| Profit Margin | 0.25 % | |||
| Operating Margin | 0.26 % | |||
| Current Valuation | 61.99 B | |||
| Shares Outstanding | 1.85 B | |||
| Price To Earning | 13.31 X | |||
| Price To Book | 1.27 X | |||
| Price To Sales | 1.32 X | |||
| Revenue | 50.57 B | |||
| EBITDA | 17.85 B | |||
| Cash And Equivalents | 10.37 B | |||
| Cash Per Share | 5.59 X | |||
| Total Debt | 9.25 B | |||
| Debt To Equity | 0.39 % | |||
| Book Value Per Share | 27.89 X | |||
| Cash Flow From Operations | 16.12 B | |||
| Earnings Per Share | 6.22 X | |||
| Total Asset | 76.71 B | |||
| Retained Earnings | (19.25 B) | |||
| Current Asset | 17.11 B | |||
| Current Liabilities | 9.72 B | |||
About Macronix International Performance
Evaluating Macronix International's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Macronix International 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 Macronix International 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.
Macronix International Co., Ltd., an investment holding company, engages in the design, manufacture, and supply of integrated circuits and memory chips in Taiwan, China, and internationally. Macronix International Co., Ltd. was founded in 1989 and is headquartered in Hsinchu City, Taiwan. MACRONIX INTERNATIONAL is traded on Taiwan Stock Exchange in Taiwan.Things to note about Macronix International performance evaluation
Checking the ongoing alerts about Macronix International for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Macronix International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Macronix International generated a negative expected return over the last 90 days |
- Analyzing Macronix International'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 Macronix International's stock is overvalued or undervalued compared to its peers.
- Examining Macronix International'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 Macronix International's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Macronix International's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Macronix International's stock. These opinions can provide insight into Macronix International's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Macronix Stock Analysis
When running Macronix International's price analysis, check to measure Macronix International'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 Macronix International is operating at the current time. Most of Macronix International's value examination focuses on studying past and present price action to predict the probability of Macronix International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macronix International's price. Additionally, you may evaluate how the addition of Macronix International to your portfolios can decrease your overall portfolio volatility.