Promise Technology (Taiwan) Performance
| 3057 Stock | TWD 16.00 0.40 2.44% |
On a scale of 0 to 100, Promise Technology holds a performance score of 7. The company holds a Beta of 0.95, which implies possible diversification benefits within a given portfolio. Promise Technology returns are very sensitive to returns on the market. As the market goes up or down, Promise Technology is expected to follow. Please check Promise Technology's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Promise Technology's historical price patterns will revert.
Risk-Adjusted Performance
Fair
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Promise Technology are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Promise Technology showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 466.7 M | |
| Total Cashflows From Investing Activities | 149.7 M |
Promise |
Promise Technology Relative Risk vs. Return Landscape
If you would invest 1,275 in Promise Technology on November 10, 2025 and sell it today you would earn a total of 325.00 from holding Promise Technology or generate 25.49% return on investment over 90 days. Promise Technology is generating 0.4695% of daily returns and assumes 4.8703% volatility on return distribution over the 90 days horizon. Simply put, 43% of stocks are less volatile than Promise, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Promise Technology Target Price Odds to finish over Current Price
The tendency of Promise Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 16.00 | 90 days | 16.00 | about 66.01 |
Based on a normal probability distribution, the odds of Promise Technology to move above the current price in 90 days from now is about 66.01 (This Promise Technology probability density function shows the probability of Promise Stock to fall within a particular range of prices over 90 days) .
Promise Technology Price Density |
| Price |
Predictive Modules for Promise Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Promise Technology. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Promise Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Promise Technology is not an exception. The market had few large corrections towards the Promise Technology's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Promise Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Promise Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.46 | |
β | Beta against Dow Jones | 0.95 | |
σ | Overall volatility | 2.98 | |
Ir | Information ratio | 0.09 |
Promise Technology Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Promise Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Promise Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Promise Technology had very high historical volatility over the last 90 days | |
| About 23.0% of the company shares are owned by insiders or employees |
Promise Technology Fundamentals Growth
Promise Stock prices reflect investors' perceptions of the future prospects and financial health of Promise Technology, and Promise 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 Promise Stock performance.
| Return On Equity | 0.0369 | |||
| Return On Asset | -1.0E-4 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | (0.0003) % | |||
| Current Valuation | 746.1 M | |||
| Shares Outstanding | 92.68 M | |||
| Price To Earning | 1.29 X | |||
| Price To Book | 1.06 X | |||
| Price To Sales | 0.93 X | |||
| Revenue | 948.6 M | |||
| EBITDA | 64.33 M | |||
| Cash And Equivalents | 635.45 M | |||
| Cash Per Share | 3.94 X | |||
| Total Debt | 7.38 M | |||
| Debt To Equity | 51.50 % | |||
| Book Value Per Share | 9.64 X | |||
| Cash Flow From Operations | 23.42 M | |||
| Earnings Per Share | 0.35 X | |||
| Total Asset | 1.4 B | |||
| Retained Earnings | 271 M | |||
| Current Asset | 2.08 B | |||
| Current Liabilities | 836 M | |||
About Promise Technology Performance
Evaluating Promise Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Promise 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 Promise 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.
PROMISE Technology, Inc. develops storage solutions for the data center, surveillance, cloud, and rich media markets worldwide. PROMISE Technology, Inc. was founded in 1988 and is headquartered in Hsinchu, Taiwan. PROMISE TECHNOLOGY is traded on Taiwan Stock Exchange in Taiwan.Things to note about Promise Technology performance evaluation
Checking the ongoing alerts about Promise Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Promise Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Promise Technology had very high historical volatility over the last 90 days | |
| About 23.0% of the company shares are owned by insiders or employees |
- Analyzing Promise 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 Promise Technology's stock is overvalued or undervalued compared to its peers.
- Examining Promise 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 Promise Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Promise Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Promise Technology's stock. These opinions can provide insight into Promise Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Promise Stock Analysis
When running Promise Technology's price analysis, check to measure Promise 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 Promise Technology is operating at the current time. Most of Promise Technology's value examination focuses on studying past and present price action to predict the probability of Promise 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 Promise Technology's price. Additionally, you may evaluate how the addition of Promise Technology to your portfolios can decrease your overall portfolio volatility.