Etron Technology (Taiwan) Performance
| 5351 Stock | TWD 34.00 0.70 2.10% |
The firm shows a Beta (market volatility) of 0.23, which means not very significant fluctuations relative to the market. As returns on the market increase, Etron Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Etron Technology is expected to be smaller as well. At this point, Etron Technology has a negative expected return of -0.0684%. Please make sure to confirm Etron Technology's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Etron 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 Etron Technology has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Etron Technology 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 | 1.4 B | |
| Total Cashflows From Investing Activities | -561.3 M |
Etron |
Etron Technology Relative Risk vs. Return Landscape
If you would invest 3,595 in Etron Technology on September 5, 2024 and sell it today you would lose (195.00) from holding Etron Technology or give up 5.42% of portfolio value over 90 days. Etron Technology is generating negative expected returns and assumes 2.0192% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Etron, 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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Etron Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Etron Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Etron Technology, and traders can use it to determine the average amount a Etron 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 = -0.0339
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| Negative Returns | 5351 |
Estimated Market Risk
| 2.02 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Etron Technology 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 Etron Technology by adding Etron Technology to a well-diversified portfolio.
Etron Technology Fundamentals Growth
Etron Stock prices reflect investors' perceptions of the future prospects and financial health of Etron Technology, and Etron 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 Etron Stock performance.
| Return On Equity | 0.18 | |||
| Return On Asset | 0.0637 | |||
| Profit Margin | 0.13 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 12.71 B | |||
| Shares Outstanding | 283.85 M | |||
| Price To Book | 2.65 X | |||
| Price To Sales | 1.89 X | |||
| Revenue | 6.15 B | |||
| EBITDA | 1.35 B | |||
| Cash And Equivalents | 445.8 M | |||
| Cash Per Share | 1.02 X | |||
| Total Debt | 504.43 M | |||
| Debt To Equity | 124.20 % | |||
| Book Value Per Share | 15.81 X | |||
| Cash Flow From Operations | 1.01 B | |||
| Earnings Per Share | 2.70 X | |||
| Total Asset | 7.2 B | |||
About Etron Technology Performance
Evaluating Etron Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Etron 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 Etron 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.
Etron Technology, Inc. develops buffer memory and system-on-chips in the United States, Europe, Japan, and Asian countries. Etron Technology, Inc. was founded in 1991 and is headquartered in Hsinchu, Taiwan. ETRON TECHNOLOGY operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan OTC Exchange.Things to note about Etron Technology performance evaluation
Checking the ongoing alerts about Etron Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Etron Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Etron Technology generated a negative expected return over the last 90 days | |
| Etron Technology has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 14.0% of the company shares are owned by insiders or employees |
- Analyzing Etron 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 Etron Technology's stock is overvalued or undervalued compared to its peers.
- Examining Etron 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 Etron Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Etron Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Etron Technology's stock. These opinions can provide insight into Etron Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Etron Stock Analysis
When running Etron Technology's price analysis, check to measure Etron 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 Etron Technology is operating at the current time. Most of Etron Technology's value examination focuses on studying past and present price action to predict the probability of Etron 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 Etron Technology's price. Additionally, you may evaluate how the addition of Etron Technology to your portfolios can decrease your overall portfolio volatility.