Good Finance (Taiwan) Performance
| 6021 Stock | TWD 23.85 0.25 1.04% |
Good Finance has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Good Finance are expected to decrease at a much lower rate. During the bear market, Good Finance is likely to outperform the market. Good Finance Securities right now retains a risk of 2.0%. Please check out Good Finance information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Good Finance will be following its current trending patterns.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Good Finance Securities are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Good Finance may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| Begin Period Cash Flow | 295.1 M | |
| Total Cashflows From Investing Activities | -251.8 M |
Good |
Good Finance Relative Risk vs. Return Landscape
If you would invest 2,245 in Good Finance Securities on September 13, 2024 and sell it today you would earn a total of 140.00 from holding Good Finance Securities or generate 6.24% return on investment over 90 days. Good Finance Securities is generating 0.1168% of daily returns and assumes 2.0045% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Good, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Good Finance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Good Finance's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Good Finance Securities, and traders can use it to determine the average amount a Good Finance'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 = 0.0583
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| Cash | Small Risk | 6021 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.0 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Good Finance is performing at about 4% 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 Good Finance by adding it to a well-diversified portfolio.
Good Finance Fundamentals Growth
Good Stock prices reflect investors' perceptions of the future prospects and financial health of Good Finance, and Good Finance 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 Good Stock performance.
| Return On Equity | 0.0209 | |||
| Return On Asset | 0.0079 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.06 % | |||
| Current Valuation | 3.13 B | |||
| Shares Outstanding | 311.32 M | |||
| Price To Earning | 22.98 X | |||
| Price To Book | 1.24 X | |||
| Price To Sales | 6.07 X | |||
| Revenue | 1.36 B | |||
| EBITDA | 441.85 M | |||
| Cash And Equivalents | 1.64 B | |||
| Cash Per Share | 5.34 X | |||
| Total Debt | 1.02 B | |||
| Debt To Equity | 5.90 % | |||
| Book Value Per Share | 14.89 X | |||
| Cash Flow From Operations | (541.57 M) | |||
| Earnings Per Share | 0.34 X | |||
| Total Asset | 16.42 B | |||
About Good Finance Performance
Evaluating Good Finance's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Good Finance 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 Good Finance 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.
Ta Ching Securities Co., Ltd. provides investment and financial services in Taiwan. Ta Ching Securities Co., Ltd. was founded in 1988 and is headquartered in Taipei, Taiwan. TA CHING operates under Capital Markets classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 348 people.Things to note about Good Finance Securities performance evaluation
Checking the ongoing alerts about Good Finance for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Good Finance Securities help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Good Finance Securities has accumulated about 1.64 B in cash with (541.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.34. | |
| Roughly 78.0% of the company shares are owned by insiders or employees |
- Analyzing Good Finance'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 Good Finance's stock is overvalued or undervalued compared to its peers.
- Examining Good Finance'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 Good Finance's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Good Finance's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Good Finance's stock. These opinions can provide insight into Good Finance's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Good Stock Analysis
When running Good Finance's price analysis, check to measure Good Finance'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 Good Finance is operating at the current time. Most of Good Finance's value examination focuses on studying past and present price action to predict the probability of Good Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Good Finance's price. Additionally, you may evaluate how the addition of Good Finance to your portfolios can decrease your overall portfolio volatility.