Tex Ray (Taiwan) Analysis
| 1467 Stock | TWD 10.80 0.40 3.57% |
Tex Ray Industrial Co is fairly valued with Real Value of 10.63 and Hype Value of 10.8. The main objective of Tex Ray stock analysis is to determine its intrinsic value, which is an estimate of what Tex Ray Industrial Co is worth, separate from its market price. There are two main types of Tex Ray's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Tex Ray's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Tex Ray's stock to identify patterns and trends that may indicate its future price movements.
The Tex Ray stock is traded in Taiwan on Taiwan Stock Exchange, with the market opening at 09:00:00 and closing at 13:30:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Taiwan. Tex Ray is usually not traded on National Day of the Republic of China. Tex Stock trading window is adjusted to Asia/Shanghai timezone.
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Tex Stock Analysis Notes
About 55.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 0.91. In the past many companies with similar price-to-book ratios have beat the market. Tex Ray Industrial last dividend was issued on the 13th of September 2021. The entity had 1:1 split on the 7th of August 2012. Tex-Ray Industrial Co., Ltd. manufactures and retails yarns and fabrics. The company was founded in 1978 and is headquartered in Taipei City, Taiwan. TEX RAY operates under Apparel Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange. For more info on Tex Ray Industrial Co please contact ZuiYeh Lin at 886 2 2521 5155 or go to https://www.texray.com.Tex Ray Industrial Investment Alerts
| Tex Ray Industrial has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 6.64 B. Net Loss for the year was (30.88 M) with profit before overhead, payroll, taxes, and interest of 1.33 B. | |
| Tex Ray Industrial Co has accumulated about 1.03 B in cash with (329.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.42. | |
| Roughly 55.0% of the company shares are owned by insiders or employees |
Tex Ray Thematic Classifications
In addition to having Tex Ray stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Heavy MetalsIndustrial metals and minerals |
Tex Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.72 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tex Ray's market, we take the total number of its shares issued and multiply it by Tex Ray's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Tex Profitablity
Tex Ray's profitability indicators refer to fundamental financial ratios that showcase Tex Ray's ability to generate income relative to its revenue or operating costs. If, let's say, Tex Ray is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Tex Ray's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Tex Ray's profitability requires more research than a typical breakdown of Tex Ray's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.01 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.02 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.02. Technical Drivers
As of the 28th of November, Tex Ray has the Coefficient Of Variation of 4213.85, semi deviation of 0.9861, and Risk Adjusted Performance of 0.0217. Tex Ray technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. Please validate Tex Ray Industrial jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Tex Ray is priced more or less accurately, providing market reflects its prevalent price of 10.8 per share.Tex Ray Industrial Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Tex Ray middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Tex Ray Industrial. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Tex Ray Outstanding Bonds
Tex Ray issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Tex Ray Industrial uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Tex bonds can be classified according to their maturity, which is the date when Tex Ray Industrial Co has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Tex Ray Predictive Daily Indicators
Tex Ray intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Tex Ray stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Tex Ray Forecast Models
Tex Ray's time-series forecasting models are one of many Tex Ray's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Tex Ray's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Tex Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Tex Ray prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Tex shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Tex Ray. By using and applying Tex Stock analysis, traders can create a robust methodology for identifying Tex entry and exit points for their positions.
Tex-Ray Industrial Co., Ltd. manufactures and retails yarns and fabrics. The company was founded in 1978 and is headquartered in Taipei City, Taiwan. TEX RAY operates under Apparel Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.
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Additional Tools for Tex Stock Analysis
When running Tex Ray's price analysis, check to measure Tex Ray'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 Tex Ray is operating at the current time. Most of Tex Ray's value examination focuses on studying past and present price action to predict the probability of Tex Ray's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tex Ray's price. Additionally, you may evaluate how the addition of Tex Ray to your portfolios can decrease your overall portfolio volatility.