Nanya Technology (Taiwan) Performance
| 2408 Stock | TWD 35.80 0.50 1.38% |
The company secures a Beta (Market Risk) of 0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nanya Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nanya Technology is expected to be smaller as well. At this point, Nanya Technology Corp has a negative expected return of -0.62%. Please make sure to verify Nanya Technology's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Nanya Technology 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 Nanya Technology 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 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 | 51.7 B | |
| Total Cashflows From Investing Activities | -10.9 B |
Nanya |
Nanya Technology Relative Risk vs. Return Landscape
If you would invest 5,340 in Nanya Technology Corp on August 29, 2024 and sell it today you would lose (1,760) from holding Nanya Technology Corp or give up 32.96% of portfolio value over 90 days. Nanya Technology Corp is generating negative expected returns and assumes 1.9825% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Nanya, 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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Nanya Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nanya Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nanya Technology Corp, and traders can use it to determine the average amount a Nanya Technology'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 = -0.3145
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| Negative Returns | 2408 |
Estimated Market Risk
| 1.98 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.62 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.31 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nanya Technology 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 Nanya Technology by adding Nanya Technology to a well-diversified portfolio.
Nanya Technology Fundamentals Growth
Nanya Stock prices reflect investors' perceptions of the future prospects and financial health of Nanya Technology, and Nanya Technology 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 Nanya Stock performance.
| Return On Equity | 0.0819 | |||
| Return On Asset | 0.0659 | |||
| Profit Margin | 0.26 % | |||
| Operating Margin | 0.19 % | |||
| Current Valuation | 87.81 B | |||
| Shares Outstanding | 3.1 B | |||
| Price To Earning | 8.89 X | |||
| Price To Book | 0.91 X | |||
| Price To Sales | 2.45 X | |||
| Revenue | 85.6 B | |||
| EBITDA | 43.08 B | |||
| Cash And Equivalents | 60.37 B | |||
| Cash Per Share | 19.86 X | |||
| Total Debt | 252.26 M | |||
| Debt To Equity | 0.10 % | |||
| Book Value Per Share | 59.29 X | |||
| Cash Flow From Operations | 44.11 B | |||
| Earnings Per Share | 7.13 X | |||
| Total Asset | 191.42 B | |||
| Retained Earnings | 22.99 B | |||
| Current Asset | 17.82 B | |||
| Current Liabilities | 35.23 B | |||
About Nanya Technology Performance
Evaluating Nanya Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nanya Technology 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 Nanya Technology 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.
Nanya Technology Corporation manufactures and sells dynamic random access memory and other memory products in Taiwan and internationally. Nanya Technology Corporation was founded in 1995 and is headquartered in Taoyuan City, Taiwan. NANYA TECHNOLOGY operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Nanya Technology Corp performance evaluation
Checking the ongoing alerts about Nanya Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nanya Technology Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nanya Technology generated a negative expected return over the last 90 days | |
| Nanya Technology Corp has accumulated 252.26 M in total debt with debt to equity ratio (D/E) of 0.1, which may suggest the company is not taking enough advantage from borrowing. Nanya Technology Corp has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Nanya Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Nanya Technology's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nanya Technology Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nanya to invest in growth at high rates of return. When we think about Nanya Technology's use of debt, we should always consider it together with cash and equity. | |
| About 63.0% of Nanya Technology shares are owned by insiders or employees |
- Analyzing Nanya Technology'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 Nanya Technology's stock is overvalued or undervalued compared to its peers.
- Examining Nanya Technology'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 Nanya Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nanya Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nanya Technology's stock. These opinions can provide insight into Nanya Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Nanya Stock Analysis
When running Nanya Technology's price analysis, check to measure Nanya Technology'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 Nanya Technology is operating at the current time. Most of Nanya Technology's value examination focuses on studying past and present price action to predict the probability of Nanya Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nanya Technology's price. Additionally, you may evaluate how the addition of Nanya Technology to your portfolios can decrease your overall portfolio volatility.