Edison Opto (Taiwan) Performance
| 3591 Stock | TWD 24.00 1.00 4.00% |
The firm shows a Beta (market volatility) of 0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, Edison Opto's returns are expected to increase less than the market. However, during the bear market, the loss of holding Edison Opto is expected to be smaller as well. At this point, Edison Opto Corp has a negative expected return of -0.24%. Please make sure to confirm Edison Opto's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Edison Opto 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 Edison Opto 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 | 1.2 B | |
| Total Cashflows From Investing Activities | -515.8 M |
Edison |
Edison Opto Relative Risk vs. Return Landscape
If you would invest 2,840 in Edison Opto Corp on October 11, 2024 and sell it today you would lose (440.00) from holding Edison Opto Corp or give up 15.49% of portfolio value over 90 days. Edison Opto Corp is generating negative expected returns and assumes 2.1116% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than Edison, 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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Edison Opto Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Edison Opto's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Edison Opto Corp, and traders can use it to determine the average amount a Edison Opto'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 = -0.1141
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| Negative Returns | 3591 |
Estimated Market Risk
| 2.11 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Edison Opto 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 Edison Opto by adding Edison Opto to a well-diversified portfolio.
Edison Opto Fundamentals Growth
Edison Stock prices reflect investors' perceptions of the future prospects and financial health of Edison Opto, and Edison Opto 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 Edison Stock performance.
| Return On Equity | 0.0326 | |||
| Return On Asset | 0.0112 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 1.52 B | |||
| Shares Outstanding | 124.36 M | |||
| Price To Earning | 47.14 X | |||
| Price To Book | 0.79 X | |||
| Price To Sales | 1.08 X | |||
| Revenue | 2.11 B | |||
| EBITDA | 287.24 M | |||
| Cash And Equivalents | 1.11 B | |||
| Cash Per Share | 8.44 X | |||
| Total Debt | 454.37 M | |||
| Debt To Equity | 0.18 % | |||
| Book Value Per Share | 20.55 X | |||
| Cash Flow From Operations | 127 M | |||
| Earnings Per Share | 0.57 X | |||
| Total Asset | 4.05 B | |||
| Retained Earnings | (85 M) | |||
| Current Asset | 2.5 B | |||
| Current Liabilities | 1.47 B | |||
About Edison Opto Performance
Evaluating Edison Opto's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Edison Opto 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 Edison Opto 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.
Edison Opto Corporation designs, manufactures, and sells LED lighting products in Taiwan and internationally. The company was incorporated in 2001 and is headquartered in New Taipei City, Taiwan. EDISON OPTO operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Edison Opto Corp performance evaluation
Checking the ongoing alerts about Edison Opto for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Edison Opto Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Edison Opto Corp generated a negative expected return over the last 90 days | |
| About 39.0% of the company shares are owned by insiders or employees |
- Analyzing Edison Opto'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 Edison Opto's stock is overvalued or undervalued compared to its peers.
- Examining Edison Opto'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 Edison Opto's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Edison Opto's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Edison Opto's stock. These opinions can provide insight into Edison Opto's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Edison Stock Analysis
When running Edison Opto's price analysis, check to measure Edison Opto'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 Edison Opto is operating at the current time. Most of Edison Opto's value examination focuses on studying past and present price action to predict the probability of Edison Opto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edison Opto's price. Additionally, you may evaluate how the addition of Edison Opto to your portfolios can decrease your overall portfolio volatility.