RichWave Technology (Taiwan) Performance
| 4968 Stock | TWD 190.50 6.00 3.25% |
RichWave Technology has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of 1.27, which implies 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, RichWave Technology will likely underperform. RichWave Technology Corp right now holds a risk of 3.5%. Please check RichWave Technology Corp downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if RichWave Technology Corp will be following its historical price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in RichWave Technology Corp are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, RichWave Technology may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Begin Period Cash Flow | 844.3 M | |
| Total Cashflows From Investing Activities | -274.5 M |
RichWave |
RichWave Technology Relative Risk vs. Return Landscape
If you would invest 18,050 in RichWave Technology Corp on August 25, 2024 and sell it today you would earn a total of 1,000.00 from holding RichWave Technology Corp or generate 5.54% return on investment over 90 days. RichWave Technology Corp is generating 0.1439% of daily returns and assumes 3.5% volatility on return distribution over the 90 days horizon. Simply put, 31% of stocks are less volatile than RichWave, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
RichWave Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for RichWave Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as RichWave Technology Corp, and traders can use it to determine the average amount a RichWave Technology'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 = 0.0411
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| Cash | Small Risk | Average Risk | 4968 | Huge Risk |
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Estimated Market Risk
| 3.5 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average RichWave Technology is performing at about 3% 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 RichWave Technology by adding it to a well-diversified portfolio.
RichWave Technology Fundamentals Growth
RichWave Stock prices reflect investors' perceptions of the future prospects and financial health of RichWave Technology, and RichWave 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 RichWave Stock performance.
| Return On Equity | 0.0272 | |||
| Return On Asset | -0.0112 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | (0.02) % | |||
| Current Valuation | 10.53 B | |||
| Shares Outstanding | 90.17 M | |||
| Price To Earning | 55.63 X | |||
| Price To Book | 4.52 X | |||
| Price To Sales | 3.03 X | |||
| Revenue | 5.32 B | |||
| EBITDA | 643.58 M | |||
| Cash And Equivalents | 565.87 M | |||
| Cash Per Share | 9.37 X | |||
| Total Debt | 35.15 M | |||
| Debt To Equity | 3.00 % | |||
| Book Value Per Share | 27.20 X | |||
| Cash Flow From Operations | 161.35 M | |||
| Earnings Per Share | 0.73 X | |||
| Total Asset | 3.3 B | |||
| Retained Earnings | 79 M | |||
| Current Asset | 1.18 B | |||
| Current Liabilities | 433 M | |||
About RichWave Technology Performance
Evaluating RichWave Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if RichWave 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 RichWave 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.
RichWave Technology Corporation designs, develops, and sells radio frequency integrated circuits in Taiwan. RichWave Technology Corporation was founded in 2004 and is headquartered in Taipei City, Taiwan. RICHWAVE TECHNOLOGY operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about RichWave Technology Corp performance evaluation
Checking the ongoing alerts about RichWave Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for RichWave Technology Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| RichWave Technology had very high historical volatility over the last 90 days |
- Analyzing RichWave 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 RichWave Technology's stock is overvalued or undervalued compared to its peers.
- Examining RichWave 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 RichWave Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of RichWave Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of RichWave Technology's stock. These opinions can provide insight into RichWave Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for RichWave Stock Analysis
When running RichWave Technology's price analysis, check to measure RichWave 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 RichWave Technology is operating at the current time. Most of RichWave Technology's value examination focuses on studying past and present price action to predict the probability of RichWave 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 RichWave Technology's price. Additionally, you may evaluate how the addition of RichWave Technology to your portfolios can decrease your overall portfolio volatility.