Welltend Technology (Taiwan) Performance
| 3021 Stock | TWD 23.85 0.55 2.25% |
The firm maintains a market beta of 0.49, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Welltend Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Welltend Technology is expected to be smaller as well. At this point, Welltend Technology Corp has a negative expected return of -0.57%. Please make sure to check out Welltend Technology's coefficient of variation, information ratio, total risk alpha, as well as the relationship between the standard deviation and jensen alpha , to decide if Welltend 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 Welltend 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 February 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 567.5 M | |
| Total Cashflows From Investing Activities | -59 M |
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Welltend Technology Relative Risk vs. Return Landscape
If you would invest 3,550 in Welltend Technology Corp on October 23, 2024 and sell it today you would lose (1,165) from holding Welltend Technology Corp or give up 32.82% of portfolio value over 90 days. Welltend Technology Corp is generating negative expected returns and assumes 3.264% volatility on return distribution over the 90 days horizon. Simply put, 29% of stocks are less volatile than Welltend, 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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Welltend Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Welltend Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Welltend Technology Corp, and traders can use it to determine the average amount a Welltend 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 = -0.1737
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| Negative Returns | 3021 |
Estimated Market Risk
| 3.26 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.57 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Welltend 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 Welltend Technology by adding Welltend Technology to a well-diversified portfolio.
Welltend Technology Fundamentals Growth
Welltend Stock prices reflect investors' perceptions of the future prospects and financial health of Welltend Technology, and Welltend 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 Welltend Stock performance.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0553 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 2.25 B | |||
| Shares Outstanding | 95.89 M | |||
| Price To Earning | 20.34 X | |||
| Price To Book | 1.34 X | |||
| Price To Sales | 0.51 X | |||
| Revenue | 3.37 B | |||
| EBITDA | 301.31 M | |||
| Cash And Equivalents | 506.64 M | |||
| Cash Per Share | 5.29 X | |||
| Total Debt | 864.64 M | |||
| Debt To Equity | 0.63 % | |||
| Book Value Per Share | 15.25 X | |||
| Cash Flow From Operations | 15.2 M | |||
| Earnings Per Share | 1.65 X | |||
| Total Asset | 2.79 B | |||
| Retained Earnings | 212 M | |||
| Current Asset | 1.45 B | |||
| Current Liabilities | 756 M | |||
About Welltend Technology Performance
Evaluating Welltend Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Welltend 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 Welltend 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.
Welltend Technology Corporation produces and sells electronic components and wire connectors in Taiwan and internationally. The company was founded in 1973 and is based in Taipei City, Taiwan. WELLTEND TECHNOLOGY operates under Computer Hardware classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Welltend Technology Corp performance evaluation
Checking the ongoing alerts about Welltend Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Welltend Technology Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Welltend Technology generated a negative expected return over the last 90 days | |
| Welltend Technology has high historical volatility and very poor performance | |
| About 60.0% of the company shares are owned by insiders or employees |
- Analyzing Welltend 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 Welltend Technology's stock is overvalued or undervalued compared to its peers.
- Examining Welltend 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 Welltend Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Welltend Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Welltend Technology's stock. These opinions can provide insight into Welltend Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Welltend Stock Analysis
When running Welltend Technology's price analysis, check to measure Welltend 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 Welltend Technology is operating at the current time. Most of Welltend Technology's value examination focuses on studying past and present price action to predict the probability of Welltend 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 Welltend Technology's price. Additionally, you may evaluate how the addition of Welltend Technology to your portfolios can decrease your overall portfolio volatility.