Sports Gear (Taiwan) Performance
| 6768 Stock | TWD 136.00 8.00 6.25% |
The entity has a beta of 1.16, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sports Gear will likely underperform. At this point, Sports Gear has a negative expected return of -0.0495%. Please make sure to validate Sports Gear's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Sports Gear 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 Sports Gear Co has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Sports Gear 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 | 4.9 B |
Sports |
Sports Gear Relative Risk vs. Return Landscape
If you would invest 14,350 in Sports Gear Co on November 2, 2024 and sell it today you would lose (750.00) from holding Sports Gear Co or give up 5.23% of portfolio value over 90 days. Sports Gear Co is generating negative expected returns and assumes 2.9761% volatility on return distribution over the 90 days horizon. Simply put, 26% of stocks are less volatile than Sports, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Sports Gear Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sports Gear's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sports Gear Co, and traders can use it to determine the average amount a Sports Gear'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 = -0.0166
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| Negative Returns | 6768 |
Estimated Market Risk
| 2.98 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sports Gear 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 Sports Gear by adding Sports Gear to a well-diversified portfolio.
Sports Gear Fundamentals Growth
Sports Stock prices reflect investors' perceptions of the future prospects and financial health of Sports Gear, and Sports Gear 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 Sports Stock performance.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.063 | |||
| Profit Margin | 0.1 % | |||
| Operating Margin | 0.11 % | |||
| Current Valuation | 10.33 B | |||
| Shares Outstanding | 196.05 M | |||
| Price To Earning | 21.86 X | |||
| Price To Book | 1.31 X | |||
| Price To Sales | 1.09 X | |||
| Revenue | 12.34 B | |||
| EBITDA | 1.71 B | |||
| Cash And Equivalents | 7.68 B | |||
| Cash Per Share | 39.16 X | |||
| Total Debt | 530.08 M | |||
| Debt To Equity | 0.23 % | |||
| Book Value Per Share | 72.02 X | |||
| Cash Flow From Operations | 2.21 B | |||
| Earnings Per Share | 8.15 X | |||
| Total Asset | 16.48 B | |||
About Sports Gear Performance
Evaluating Sports Gear's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Sports Gear 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 Sports Gear 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.
Sports Gear Co., Ltd., an OEM manufacturer company, produces and sells football shoes, footballs, and American footballs in Taiwan and internationally. The company was founded in 1992 and is based in Taichung City, Taiwan. SPORTS GEAR is traded on Taiwan Stock Exchange in Taiwan.Things to note about Sports Gear performance evaluation
Checking the ongoing alerts about Sports Gear for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sports Gear help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sports Gear is not yet fully synchronised with the market data | |
| Sports Gear generated a negative expected return over the last 90 days | |
| About 84.0% of the company shares are owned by insiders or employees |
- Analyzing Sports Gear'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 Sports Gear's stock is overvalued or undervalued compared to its peers.
- Examining Sports Gear'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 Sports Gear's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sports Gear's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sports Gear's stock. These opinions can provide insight into Sports Gear's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Sports Stock Analysis
When running Sports Gear's price analysis, check to measure Sports Gear'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 Sports Gear is operating at the current time. Most of Sports Gear's value examination focuses on studying past and present price action to predict the probability of Sports Gear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sports Gear's price. Additionally, you may evaluate how the addition of Sports Gear to your portfolios can decrease your overall portfolio volatility.