Greatek Electronics (Taiwan) Performance
| 2441 Stock | TWD 57.70 0.60 1.05% |
The company retains a Market Volatility (i.e., Beta) of 0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Greatek Electronics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Greatek Electronics is expected to be smaller as well. At this point, Greatek Electronics has a negative expected return of -0.055%. Please make sure to check out Greatek Electronics' coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Greatek Electronics 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 Greatek Electronics has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Greatek Electronics 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 | 3.9 B | |
| Total Cashflows From Investing Activities | -5.5 B |
Greatek |
Greatek Electronics Relative Risk vs. Return Landscape
If you would invest 5,990 in Greatek Electronics on August 28, 2024 and sell it today you would lose (220.00) from holding Greatek Electronics or give up 3.67% of portfolio value over 90 days. Greatek Electronics is generating negative expected returns and assumes 1.0377% volatility on return distribution over the 90 days horizon. Simply put, 9% of stocks are less volatile than Greatek, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Greatek Electronics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greatek Electronics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Greatek Electronics, and traders can use it to determine the average amount a Greatek Electronics' 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 = -0.053
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| Negative Returns | 2441 |
Estimated Market Risk
| 1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Greatek Electronics 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 Greatek Electronics by adding Greatek Electronics to a well-diversified portfolio.
Greatek Electronics Fundamentals Growth
Greatek Stock prices reflect investors' perceptions of the future prospects and financial health of Greatek Electronics, and Greatek Electronics 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 Greatek Stock performance.
| Return On Equity | 0.2 | |||
| Return On Asset | 0.12 | |||
| Profit Margin | 0.22 % | |||
| Operating Margin | 0.26 % | |||
| Current Valuation | 23.91 B | |||
| Shares Outstanding | 568.85 M | |||
| Price To Earning | 12.57 X | |||
| Price To Book | 1.34 X | |||
| Price To Sales | 1.56 X | |||
| Revenue | 19.46 B | |||
| EBITDA | 8.52 B | |||
| Cash And Equivalents | 3.81 B | |||
| Cash Per Share | 6.70 X | |||
| Total Debt | 11.64 M | |||
| Book Value Per Share | 36.26 X | |||
| Cash Flow From Operations | 7.41 B | |||
| Earnings Per Share | 6.96 X | |||
| Total Asset | 26.51 B | |||
| Retained Earnings | 7.76 B | |||
| Current Asset | 8.89 B | |||
| Current Liabilities | 3.41 B | |||
About Greatek Electronics Performance
Evaluating Greatek Electronics' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Greatek Electronics 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 Greatek Electronics 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.
Greatek Electronics Inc. provides leadframe base packaging services in Taiwan. Greatek Electronics Inc. was founded in 1983 and is based in Miaoli, Taiwan. GREATEK ELECTRONICS operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 3697 people.Things to note about Greatek Electronics performance evaluation
Checking the ongoing alerts about Greatek Electronics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Greatek Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Greatek Electronics generated a negative expected return over the last 90 days | |
| About 50.0% of the company shares are owned by insiders or employees |
- Analyzing Greatek Electronics' 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 Greatek Electronics' stock is overvalued or undervalued compared to its peers.
- Examining Greatek Electronics' 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 Greatek Electronics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Greatek Electronics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Greatek Electronics' stock. These opinions can provide insight into Greatek Electronics' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Greatek Stock Analysis
When running Greatek Electronics' price analysis, check to measure Greatek Electronics' 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 Greatek Electronics is operating at the current time. Most of Greatek Electronics' value examination focuses on studying past and present price action to predict the probability of Greatek Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greatek Electronics' price. Additionally, you may evaluate how the addition of Greatek Electronics to your portfolios can decrease your overall portfolio volatility.