Coremax Corp (Taiwan) Performance
| 4739 Stock | TWD 61.90 0.40 0.64% |
Coremax Corp has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Coremax Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Coremax Corp is expected to be smaller as well. Coremax Corp right now shows a risk of 1.8%. Please confirm Coremax Corp coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Coremax Corp will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Coremax Corp are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, Coremax Corp is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 703.9 M | |
| Total Cashflows From Investing Activities | -539.1 M | |
| Free Cash Flow | -1.1 B |
Coremax |
Coremax Corp Relative Risk vs. Return Landscape
If you would invest 6,130 in Coremax Corp on August 29, 2024 and sell it today you would earn a total of 60.00 from holding Coremax Corp or generate 0.98% return on investment over 90 days. Coremax Corp is generating 0.0315% of daily returns and assumes 1.8049% volatility on return distribution over the 90 days horizon. Simply put, 16% of stocks are less volatile than Coremax, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Coremax Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coremax Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Coremax Corp, and traders can use it to determine the average amount a Coremax Corp'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 = 0.0174
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| Negative Returns | 4739 |
Estimated Market Risk
| 1.8 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Coremax Corp is performing at about 1% 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 Coremax Corp by adding it to a well-diversified portfolio.
Coremax Corp Fundamentals Growth
Coremax Stock prices reflect investors' perceptions of the future prospects and financial health of Coremax Corp, and Coremax Corp 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 Coremax Stock performance.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0453 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 11.19 B | |||
| Shares Outstanding | 105.6 M | |||
| Price To Earning | 28.29 X | |||
| Price To Book | 2.14 X | |||
| Price To Sales | 1.13 X | |||
| Revenue | 7.34 B | |||
| EBITDA | 956.12 M | |||
| Cash And Equivalents | 1.34 B | |||
| Cash Per Share | 13.94 X | |||
| Total Debt | 1.77 B | |||
| Debt To Equity | 0.62 % | |||
| Book Value Per Share | 47.34 X | |||
| Cash Flow From Operations | (639.21 M) | |||
| Earnings Per Share | 5.40 X | |||
| Total Asset | 10.21 B | |||
About Coremax Corp Performance
Evaluating Coremax Corp's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Coremax Corp 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 Coremax Corp 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.
Coremax Corporation researches, develops, produces, manufactures, and sells metal-based specialty chemicals and electronic materials in Taiwan, China, and Thailand. The company was founded in 1992 and is headquartered in Hsinchu City, Taiwan. COREMAX CORPORATION operates under Specialty Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Coremax Corp performance evaluation
Checking the ongoing alerts about Coremax Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Coremax Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Coremax Corp has accumulated about 1.34 B in cash with (639.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.94. | |
| Roughly 29.0% of the company shares are owned by insiders or employees |
- Analyzing Coremax Corp'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 Coremax Corp's stock is overvalued or undervalued compared to its peers.
- Examining Coremax Corp'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 Coremax Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Coremax Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Coremax Corp's stock. These opinions can provide insight into Coremax Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Coremax Stock Analysis
When running Coremax Corp's price analysis, check to measure Coremax Corp'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 Coremax Corp is operating at the current time. Most of Coremax Corp's value examination focuses on studying past and present price action to predict the probability of Coremax Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coremax Corp's price. Additionally, you may evaluate how the addition of Coremax Corp to your portfolios can decrease your overall portfolio volatility.