6983 (Taiwan) Performance
| 6983 Stock | 175.50 13.50 8.33% |
6983 holds a performance score of 16 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of -1.49, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning 6983 are expected to decrease by larger amounts. On the other hand, during market turmoil, 6983 is expected to outperform it. Use 6983 mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to analyze future returns on 6983.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in 6983 are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, 6983 showed solid returns over the last few months and may actually be approaching a breakup point. ...more
6983 |
6983 Relative Risk vs. Return Landscape
If you would invest 13,100 in 6983 on October 16, 2025 and sell it today you would earn a total of 4,450 from holding 6983 or generate 33.97% return on investment over 90 days. 6983 is generating 1.1151% of daily returns and assumes 5.4971% volatility on return distribution over the 90 days horizon. Simply put, 49% of stocks are less volatile than 6983, and 78% 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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6983 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 6983's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as 6983, and traders can use it to determine the average amount a 6983'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 = 0.2029
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Estimated Market Risk
| 5.5 actual daily | 49 51% of assets are more volatile |
Expected Return
| 1.12 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 16 84% of assets perform better |
Based on monthly moving average 6983 is performing at about 16% 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 6983 by adding it to a well-diversified portfolio.
Things to note about 6983 performance evaluation
Checking the ongoing alerts about 6983 for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for 6983 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 6983 is way too risky over 90 days horizon | |
| 6983 appears to be risky and price may revert if volatility continues |
- Analyzing 6983'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 6983's stock is overvalued or undervalued compared to its peers.
- Examining 6983'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 6983's management team can have a significant impact on its success or failure. Reviewing the track record and experience of 6983's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of 6983's stock. These opinions can provide insight into 6983's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for 6983 Stock Analysis
When running 6983's price analysis, check to measure 6983'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 6983 is operating at the current time. Most of 6983's value examination focuses on studying past and present price action to predict the probability of 6983's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 6983's price. Additionally, you may evaluate how the addition of 6983 to your portfolios can decrease your overall portfolio volatility.