HiTi Digital (Taiwan) Performance
| 3494 Stock | TWD 16.25 0.55 3.50% |
HiTi Digital holds a performance score of 10 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 1.37, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, HiTi Digital will likely underperform. Use HiTi Digital standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to analyze future returns on HiTi Digital.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in HiTi Digital are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, HiTi Digital showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 57.3 M | |
| Total Cashflows From Investing Activities | -8.7 M |
HiTi |
HiTi Digital Relative Risk vs. Return Landscape
If you would invest 696.00 in HiTi Digital on August 29, 2024 and sell it today you would earn a total of 929.00 from holding HiTi Digital or generate 133.48% return on investment over 90 days. HiTi Digital is generating 2.0312% of daily returns and assumes 15.4254% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than HiTi on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
HiTi Digital Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for HiTi Digital's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as HiTi Digital, and traders can use it to determine the average amount a HiTi Digital'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 = 0.1317
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | 3494 | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 15.43 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.03 actual daily | 40 60% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average HiTi Digital is performing at about 10% 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 HiTi Digital by adding it to a well-diversified portfolio.
HiTi Digital Fundamentals Growth
HiTi Stock prices reflect investors' perceptions of the future prospects and financial health of HiTi Digital, and HiTi Digital 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 HiTi Stock performance.
| Return On Equity | -0.23 | |||
| Return On Asset | -0.0582 | |||
| Profit Margin | (0.31) % | |||
| Operating Margin | (0.38) % | |||
| Current Valuation | 1.96 B | |||
| Shares Outstanding | 124 M | |||
| Price To Earning | (13.00) X | |||
| Price To Book | 2.18 X | |||
| Price To Sales | 2.87 X | |||
| Revenue | 455.56 M | |||
| EBITDA | (41.05 M) | |||
| Cash And Equivalents | 563.23 M | |||
| Cash Per Share | 3.14 X | |||
| Total Debt | 24.94 M | |||
| Debt To Equity | 0.43 % | |||
| Book Value Per Share | 5.01 X | |||
| Cash Flow From Operations | (102.71 M) | |||
| Earnings Per Share | (1.45) X | |||
| Total Asset | 2.24 B | |||
| Retained Earnings | 5 M | |||
| Current Asset | 1.78 B | |||
| Current Liabilities | 897 M | |||
About HiTi Digital Performance
Evaluating HiTi Digital's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if HiTi Digital 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 HiTi Digital 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.
HiTi Digital, Inc. designs, manufactures, and sells digital imaging output systems in Taiwan and internationally.Things to note about HiTi Digital performance evaluation
Checking the ongoing alerts about HiTi Digital for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for HiTi Digital help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| HiTi Digital is way too risky over 90 days horizon | |
| HiTi Digital appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 455.56 M. Net Loss for the year was (188.82 M) with profit before overhead, payroll, taxes, and interest of 54.56 M. | |
| HiTi Digital has accumulated about 563.23 M in cash with (102.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.14. | |
| Roughly 34.0% of the company shares are owned by insiders or employees |
- Analyzing HiTi Digital'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 HiTi Digital's stock is overvalued or undervalued compared to its peers.
- Examining HiTi Digital'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 HiTi Digital's management team can have a significant impact on its success or failure. Reviewing the track record and experience of HiTi Digital's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of HiTi Digital's stock. These opinions can provide insight into HiTi Digital's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for HiTi Stock Analysis
When running HiTi Digital's price analysis, check to measure HiTi Digital'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 HiTi Digital is operating at the current time. Most of HiTi Digital's value examination focuses on studying past and present price action to predict the probability of HiTi Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HiTi Digital's price. Additionally, you may evaluate how the addition of HiTi Digital to your portfolios can decrease your overall portfolio volatility.