Shinkong Insurance (Taiwan) Performance
| 2850 Stock | TWD 100.50 1.00 0.99% |
Shinkong Insurance has a performance score of 7 on a scale of 0 to 100. The entity has a beta of 0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shinkong Insurance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shinkong Insurance is expected to be smaller as well. Shinkong Insurance right now has a risk of 1.2%. Please validate Shinkong Insurance downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if Shinkong Insurance will be following its existing price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Shinkong Insurance Co are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Shinkong Insurance may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Begin Period Cash Flow | 11 B | |
| Total Cashflows From Investing Activities | -272 M |
Shinkong |
Shinkong Insurance Relative Risk vs. Return Landscape
If you would invest 9,380 in Shinkong Insurance Co on August 29, 2024 and sell it today you would earn a total of 670.00 from holding Shinkong Insurance Co or generate 7.14% return on investment over 90 days. Shinkong Insurance Co is generating 0.1166% of daily returns and assumes 1.1959% volatility on return distribution over the 90 days horizon. Simply put, 10% of stocks are less volatile than Shinkong, and 98% 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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Shinkong Insurance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shinkong Insurance's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Shinkong Insurance Co, and traders can use it to determine the average amount a Shinkong Insurance'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 = 0.0975
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Estimated Market Risk
| 1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Shinkong Insurance is performing at about 7% 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 Shinkong Insurance by adding it to a well-diversified portfolio.
Shinkong Insurance Fundamentals Growth
Shinkong Stock prices reflect investors' perceptions of the future prospects and financial health of Shinkong Insurance, and Shinkong Insurance 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 Shinkong Stock performance.
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0259 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.1 % | |||
| Current Valuation | 5.07 B | |||
| Shares Outstanding | 315.96 M | |||
| Price To Earning | 8.63 X | |||
| Price To Book | 1.05 X | |||
| Price To Sales | 0.83 X | |||
| Revenue | 18.46 B | |||
| EBITDA | 1.87 B | |||
| Cash And Equivalents | 16.28 B | |||
| Cash Per Share | 51.53 X | |||
| Total Debt | 20.31 M | |||
| Debt To Equity | 0.10 % | |||
| Book Value Per Share | 45.48 X | |||
| Cash Flow From Operations | 1.7 B | |||
| Earnings Per Share | 6.41 X | |||
| Total Asset | 43.89 B | |||
| Retained Earnings | 4.75 B | |||
| Current Asset | 16.4 B | |||
| Current Liabilities | 1.92 B | |||
About Shinkong Insurance Performance
Evaluating Shinkong Insurance's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Shinkong Insurance 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 Shinkong Insurance 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.
Shinkong Insurance Co., Ltd. engages in the insurance business in Taiwan. Shinkong Insurance Co., Ltd. was founded in 1963 and is headquartered in Taipei City, Taiwan. SHINKONG INSURANCE operates under Insurance - Property Casualty classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 1732 people.Things to note about Shinkong Insurance performance evaluation
Checking the ongoing alerts about Shinkong Insurance for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Shinkong Insurance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 34.0% of the company shares are owned by insiders or employees |
- Analyzing Shinkong Insurance'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 Shinkong Insurance's stock is overvalued or undervalued compared to its peers.
- Examining Shinkong Insurance'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 Shinkong Insurance's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Shinkong Insurance's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Shinkong Insurance's stock. These opinions can provide insight into Shinkong Insurance's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Shinkong Stock Analysis
When running Shinkong Insurance's price analysis, check to measure Shinkong Insurance'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 Shinkong Insurance is operating at the current time. Most of Shinkong Insurance's value examination focuses on studying past and present price action to predict the probability of Shinkong Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinkong Insurance's price. Additionally, you may evaluate how the addition of Shinkong Insurance to your portfolios can decrease your overall portfolio volatility.