Onyx Healthcare (Taiwan) Performance
| 6569 Stock | TWD 154.00 2.50 1.60% |
The company holds a Beta of 0.49, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Onyx Healthcare's returns are expected to increase less than the market. However, during the bear market, the loss of holding Onyx Healthcare is expected to be smaller as well. At this point, Onyx Healthcare has a negative expected return of -0.34%. Please make sure to check Onyx Healthcare's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Onyx Healthcare 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 Onyx Healthcare has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in December 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
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Onyx Healthcare Relative Risk vs. Return Landscape
If you would invest 19,150 in Onyx Healthcare on August 30, 2024 and sell it today you would lose (3,750) from holding Onyx Healthcare or give up 19.58% of portfolio value over 90 days. Onyx Healthcare is generating negative expected returns and assumes 1.566% volatility on return distribution over the 90 days horizon. Simply put, 13% of stocks are less volatile than Onyx, 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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Onyx Healthcare Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Onyx Healthcare's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Onyx Healthcare, and traders can use it to determine the average amount a Onyx Healthcare'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 = -0.2164
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| Negative Returns | 6569 |
Estimated Market Risk
| 1.57 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Onyx Healthcare 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 Onyx Healthcare by adding Onyx Healthcare to a well-diversified portfolio.
Onyx Healthcare Fundamentals Growth
Onyx Stock prices reflect investors' perceptions of the future prospects and financial health of Onyx Healthcare, and Onyx Healthcare 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 Onyx Stock performance.
| Price To Earning | 16.14 X | |||
| EBITDA | 124.12 M | |||
| Cash And Equivalents | 294.17 M | |||
| Cash Per Share | 9.72 X | |||
| Total Debt | 280.45 M | |||
| Debt To Equity | 0.30 % | |||
| Book Value Per Share | 38.63 X | |||
| Cash Flow From Operations | 211.66 M | |||
| Earnings Per Share | 6.57 X | |||
About Onyx Healthcare Performance
Evaluating Onyx Healthcare's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Onyx Healthcare 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 Onyx Healthcare 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.
Onyx Healthcare Inc., a professional medical IT company, provides medical PC solutions for the hospitalclinical IT market worldwide. The company was founded in 2010 and is headquartered in New Taipei City, Taiwan. ONYX HEALTHCARE operates under Health Information Services classification in Taiwan and is traded on Taiwan OTC Exchange.Things to note about Onyx Healthcare performance evaluation
Checking the ongoing alerts about Onyx Healthcare for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Onyx Healthcare help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Onyx Healthcare generated a negative expected return over the last 90 days |
- Analyzing Onyx Healthcare'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 Onyx Healthcare's stock is overvalued or undervalued compared to its peers.
- Examining Onyx Healthcare'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 Onyx Healthcare's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Onyx Healthcare's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Onyx Healthcare's stock. These opinions can provide insight into Onyx Healthcare's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Onyx Stock Analysis
When running Onyx Healthcare's price analysis, check to measure Onyx Healthcare'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 Onyx Healthcare is operating at the current time. Most of Onyx Healthcare's value examination focuses on studying past and present price action to predict the probability of Onyx Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onyx Healthcare's price. Additionally, you may evaluate how the addition of Onyx Healthcare to your portfolios can decrease your overall portfolio volatility.