Grand Plastic (Taiwan) Performance
| 3131 Stock | TWD 1,645 5.00 0.30% |
The company retains a Market Volatility (i.e., Beta) of 0.52, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Grand Plastic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grand Plastic is expected to be smaller as well. At this point, Grand Plastic Technology has a negative expected return of -0.23%. Please make sure to check out Grand Plastic's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Grand Plastic Technology 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 Grand Plastic Technology 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 | 869.1 M | |
| Total Cashflows From Investing Activities | -185.6 M | |
| Free Cash Flow | 545.3 M |
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Grand Plastic Relative Risk vs. Return Landscape
If you would invest 197,000 in Grand Plastic Technology on August 30, 2024 and sell it today you would lose (32,500) from holding Grand Plastic Technology or give up 16.5% of portfolio value over 90 days. Grand Plastic Technology is generating negative expected returns and assumes 3.391% volatility on return distribution over the 90 days horizon. Simply put, 30% of stocks are less volatile than Grand, 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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Grand Plastic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grand Plastic's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Grand Plastic Technology, and traders can use it to determine the average amount a Grand Plastic'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 = -0.0691
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 3131 |
Estimated Market Risk
| 3.39 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Grand Plastic 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 Grand Plastic by adding Grand Plastic to a well-diversified portfolio.
Grand Plastic Fundamentals Growth
Grand Stock prices reflect investors' perceptions of the future prospects and financial health of Grand Plastic, and Grand Plastic 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 Grand Stock performance.
| Return On Equity | 0.27 | |||
| Return On Asset | 0.0789 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.21 % | |||
| Current Valuation | 5.42 B | |||
| Shares Outstanding | 28.52 M | |||
| Price To Earning | 13.55 X | |||
| Price To Book | 2.11 X | |||
| Price To Sales | 1.73 X | |||
| Revenue | 3.66 B | |||
| EBITDA | 949.27 M | |||
| Cash And Equivalents | 1.41 B | |||
| Cash Per Share | 53.05 X | |||
| Total Debt | 296.89 M | |||
| Debt To Equity | 29.30 % | |||
| Book Value Per Share | 110.92 X | |||
| Cash Flow From Operations | 631.4 M | |||
| Earnings Per Share | 28.23 X | |||
| Total Asset | 6.15 B | |||
About Grand Plastic Performance
Evaluating Grand Plastic's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Grand Plastic 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 Grand Plastic 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.
Grand Plastic Technology Corporation engages in the design, development, system customization, assembly, testing, product initialization, and after-sales service of metal etching and wafer cleaning equipment in Taiwan. The company was founded in 1993 and is based in Hsinchu City, Taiwan. GRAND PLASTIC operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan OTC Exchange.Things to note about Grand Plastic Technology performance evaluation
Checking the ongoing alerts about Grand Plastic for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Grand Plastic Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Grand Plastic generated a negative expected return over the last 90 days | |
| Grand Plastic has high historical volatility and very poor performance | |
| About 36.0% of the company shares are owned by insiders or employees |
- Analyzing Grand Plastic'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 Grand Plastic's stock is overvalued or undervalued compared to its peers.
- Examining Grand Plastic'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 Grand Plastic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Grand Plastic's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Grand Plastic's stock. These opinions can provide insight into Grand Plastic's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Grand Stock Analysis
When running Grand Plastic's price analysis, check to measure Grand Plastic'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 Grand Plastic is operating at the current time. Most of Grand Plastic's value examination focuses on studying past and present price action to predict the probability of Grand Plastic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grand Plastic's price. Additionally, you may evaluate how the addition of Grand Plastic to your portfolios can decrease your overall portfolio volatility.