Good Finance (Taiwan) Performance
| 6021 Stock | TWD 23.70 0.30 1.25% |
The company retains a Market Volatility (i.e., Beta) of 0.0294, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Good Finance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Good Finance is expected to be smaller as well. At this point, Good Finance Securities has a negative expected return of -0.0622%. Please make sure to check out Good Finance's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Good Finance Securities 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 Good Finance Securities has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Good Finance 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 | 295.1 M | |
| Total Cashflows From Investing Activities | -251.8 M |
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Good Finance Relative Risk vs. Return Landscape
If you would invest 2,475 in Good Finance Securities on October 20, 2024 and sell it today you would lose (105.00) from holding Good Finance Securities or give up 4.24% of portfolio value over 90 days. Good Finance Securities is generating negative expected returns and assumes 0.9538% volatility on return distribution over the 90 days horizon. Simply put, 8% of stocks are less volatile than Good, and 99% 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 = -0.0652
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6021 |
Estimated Market Risk
| 0.95 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Good Finance 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 Good Finance by adding Good Finance 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 generated a negative expected return over the last 90 days | |
| 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.