Edimax Technology (Taiwan) Performance
| 3047 Stock | TWD 32.50 0.45 1.37% |
The firm shows a Beta (market volatility) of -0.0621, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Edimax Technology are expected to decrease at a much lower rate. During the bear market, Edimax Technology is likely to outperform the market. At this point, Edimax Technology has a negative expected return of -0.42%. Please make sure to confirm Edimax Technology's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Edimax Technology performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Edimax Technology Co 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 | 2.1 B | |
| Total Cashflows From Investing Activities | -125.8 M |
Edimax |
Edimax Technology Relative Risk vs. Return Landscape
If you would invest 4,340 in Edimax Technology Co on September 1, 2024 and sell it today you would lose (1,090) from holding Edimax Technology Co or give up 25.12% of portfolio value over 90 days. Edimax Technology Co is generating negative expected returns and assumes 2.3547% volatility on return distribution over the 90 days horizon. Simply put, 20% of stocks are less volatile than Edimax, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Edimax Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Edimax Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Edimax Technology Co, and traders can use it to determine the average amount a Edimax 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 = -0.1798
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 3047 |
Estimated Market Risk
| 2.35 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Edimax 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 Edimax Technology by adding Edimax Technology to a well-diversified portfolio.
Edimax Technology Fundamentals Growth
Edimax Stock prices reflect investors' perceptions of the future prospects and financial health of Edimax Technology, and Edimax 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 Edimax Stock performance.
| Return On Equity | 0.0752 | |||
| Return On Asset | 0.0067 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 4.51 B | |||
| Shares Outstanding | 189.36 M | |||
| Price To Earning | 14.42 X | |||
| Price To Book | 1.27 X | |||
| Price To Sales | 0.53 X | |||
| Revenue | 5.25 B | |||
| EBITDA | 113.58 M | |||
| Cash And Equivalents | 1.23 B | |||
| Cash Per Share | 6.69 X | |||
| Total Debt | 1.76 B | |||
| Debt To Equity | 103.30 % | |||
| Book Value Per Share | 13.38 X | |||
| Cash Flow From Operations | (772 M) | |||
| Earnings Per Share | 1.08 X | |||
| Total Asset | 7.36 B | |||
| Retained Earnings | 174 M | |||
| Current Asset | 3.44 B | |||
| Current Liabilities | 1.74 B | |||
About Edimax Technology Performance
Evaluating Edimax Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Edimax 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 Edimax 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.
EDIMAX Technology Co., Ltd. engages in the design, development, manufacture, and marketing of network communication products to SOHO and SME markets, and businesses. EDIMAX Technology Co., Ltd. was founded in 1986 and is headquartered in Taipei City, Taiwan. EDIMAX TECHNOLOGY operates under Communication Equipment classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Edimax Technology performance evaluation
Checking the ongoing alerts about Edimax Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Edimax Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Edimax Technology generated a negative expected return over the last 90 days | |
| Edimax Technology has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 5.25 B. Net Loss for the year was (55.03 M) with profit before overhead, payroll, taxes, and interest of 1.18 B. | |
| Edimax Technology Co has accumulated about 1.23 B in cash with (772 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.69. | |
| Roughly 17.0% of the company shares are owned by insiders or employees |
- Analyzing Edimax 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 Edimax Technology's stock is overvalued or undervalued compared to its peers.
- Examining Edimax 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 Edimax Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Edimax Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Edimax Technology's stock. These opinions can provide insight into Edimax Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Edimax Stock Analysis
When running Edimax Technology's price analysis, check to measure Edimax 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 Edimax Technology is operating at the current time. Most of Edimax Technology's value examination focuses on studying past and present price action to predict the probability of Edimax 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 Edimax Technology's price. Additionally, you may evaluate how the addition of Edimax Technology to your portfolios can decrease your overall portfolio volatility.