Provision Information (Taiwan) Performance
| 6590 Stock | TWD 70.60 0.10 0.14% |
The company holds a Beta of -0.018, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Provision Information are expected to decrease at a much lower rate. During the bear market, Provision Information is likely to outperform the market. Provision Information right now holds a risk of 1.61%. Please check Provision Information information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Provision Information will be following its historical price patterns.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Provision Information CoLtd has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Provision Information is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
Provision |
Provision Information Relative Risk vs. Return Landscape
If you would invest 7,080 in Provision Information CoLtd on September 1, 2024 and sell it today you would lose (20.00) from holding Provision Information CoLtd or give up 0.28% of portfolio value over 90 days. Provision Information CoLtd is generating 0.0082% of daily returns and assumes 1.6143% volatility on return distribution over the 90 days horizon. Simply put, 14% of stocks are less volatile than Provision, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Provision Information Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Provision Information's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Provision Information CoLtd, and traders can use it to determine the average amount a Provision Information'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 = 0.0051
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6590 |
Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Provision Information 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 Provision Information by adding Provision Information to a well-diversified portfolio.
Provision Information Fundamentals Growth
Provision Stock prices reflect investors' perceptions of the future prospects and financial health of Provision Information, and Provision Information 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 Provision Stock performance.
| Price To Earning | 17.48 X | |||
| EBITDA | 43.18 M | |||
| Cash And Equivalents | 68.48 M | |||
| Cash Per Share | 4.50 X | |||
| Total Debt | 60.85 M | |||
| Debt To Equity | 22.00 % | |||
| Book Value Per Share | 17.43 X | |||
| Cash Flow From Operations | 22.1 M | |||
| Earnings Per Share | 1.92 X | |||
About Provision Information Performance
Evaluating Provision Information's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Provision Information 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 Provision Information 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.
,LTD provides payment, financial application, information security, and outsourcing services. Further, the company provides outsourcing services, including on-site services for various industries, platforms, and job roles. PROVISION INFORMATION operates under Software - Application classification in Taiwan and is traded on Taiwan OTC Exchange.Things to note about Provision Information performance evaluation
Checking the ongoing alerts about Provision Information for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Provision Information help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Provision Information's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Provision Information's stock performance include:- Analyzing Provision Information'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 Provision Information's stock is overvalued or undervalued compared to its peers.
- Examining Provision Information'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 Provision Information's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Provision Information's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Provision Information's stock. These opinions can provide insight into Provision Information's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Provision Stock Analysis
When running Provision Information's price analysis, check to measure Provision Information'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 Provision Information is operating at the current time. Most of Provision Information's value examination focuses on studying past and present price action to predict the probability of Provision Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Provision Information's price. Additionally, you may evaluate how the addition of Provision Information to your portfolios can decrease your overall portfolio volatility.