Elan Microelectronics (Taiwan) Performance
| 2458 Stock | TWD 148.50 1.50 1.00% |
Elan Microelectronics has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.02, which means a somewhat significant risk relative to the market. Elan Microelectronics returns are very sensitive to returns on the market. As the market goes up or down, Elan Microelectronics is expected to follow. Elan Microelectronics right now shows a risk of 1.92%. Please confirm Elan Microelectronics semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Elan Microelectronics will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Elan Microelectronics Corp are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, Elan Microelectronics 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 | 2 B | |
| Total Cashflows From Investing Activities | 778.8 M |
Elan |
Elan Microelectronics Relative Risk vs. Return Landscape
If you would invest 14,350 in Elan Microelectronics Corp on August 24, 2024 and sell it today you would earn a total of 500.00 from holding Elan Microelectronics Corp or generate 3.48% return on investment over 90 days. Elan Microelectronics Corp is generating 0.0733% of daily returns and assumes 1.9169% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Elan, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Elan Microelectronics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elan Microelectronics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Elan Microelectronics Corp, and traders can use it to determine the average amount a Elan Microelectronics' 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 = 0.0382
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Estimated Market Risk
| 1.92 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Elan Microelectronics is performing at about 3% 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 Elan Microelectronics by adding it to a well-diversified portfolio.
Elan Microelectronics Fundamentals Growth
Elan Stock prices reflect investors' perceptions of the future prospects and financial health of Elan Microelectronics, and Elan Microelectronics 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 Elan Stock performance.
| Return On Equity | 0.35 | |||
| Return On Asset | 0.16 | |||
| Profit Margin | 0.22 % | |||
| Operating Margin | 0.26 % | |||
| Current Valuation | 22.43 B | |||
| Shares Outstanding | 284.58 M | |||
| Price To Earning | 18.15 X | |||
| Price To Book | 2.91 X | |||
| Price To Sales | 1.70 X | |||
| Revenue | 18.33 B | |||
| EBITDA | 6.33 B | |||
| Cash And Equivalents | 5.02 B | |||
| Cash Per Share | 17.23 X | |||
| Total Debt | 468.99 M | |||
| Debt To Equity | 6.60 % | |||
| Book Value Per Share | 30.61 X | |||
| Cash Flow From Operations | 5.26 B | |||
| Earnings Per Share | 11.82 X | |||
| Total Asset | 16.93 B | |||
| Retained Earnings | 1.51 B | |||
| Current Asset | 7.08 B | |||
| Current Liabilities | 2.3 B | |||
About Elan Microelectronics Performance
Evaluating Elan Microelectronics' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Elan Microelectronics 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 Elan Microelectronics 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.
ELAN Microelectronics Corporation researches and develops integrated circuits , and provides touchpad module solutions in Taiwan, China, Hong Kong, and internationally. ELAN Microelectronics Corporation was founded in 1994 and is headquartered in Hsinchu City, Taiwan. ELAN MICROELECTRONICS operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Elan Microelectronics performance evaluation
Checking the ongoing alerts about Elan Microelectronics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Elan Microelectronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Elan Microelectronics' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Elan Microelectronics' stock performance include:- Analyzing Elan Microelectronics' 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 Elan Microelectronics' stock is overvalued or undervalued compared to its peers.
- Examining Elan Microelectronics' 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 Elan Microelectronics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Elan Microelectronics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Elan Microelectronics' stock. These opinions can provide insight into Elan Microelectronics' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Elan Stock Analysis
When running Elan Microelectronics' price analysis, check to measure Elan Microelectronics' 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 Elan Microelectronics is operating at the current time. Most of Elan Microelectronics' value examination focuses on studying past and present price action to predict the probability of Elan Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elan Microelectronics' price. Additionally, you may evaluate how the addition of Elan Microelectronics to your portfolios can decrease your overall portfolio volatility.