Altek Corp (Taiwan) Analysis
| 3059 Stock | TWD 36.80 0.45 1.24% |
Altek Corp is fairly valued with Real Value of 36.28 and Hype Value of 36.8. The main objective of Altek Corp stock analysis is to determine its intrinsic value, which is an estimate of what Altek Corp is worth, separate from its market price. There are two main types of Altek Corp's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Altek Corp's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Altek Corp's stock to identify patterns and trends that may indicate its future price movements.
The Altek Corp 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. Altek Corp is usually not traded on National Day of the Republic of China. Altek Stock trading window is adjusted to Asia/Shanghai timezone.
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Altek Stock Analysis Notes
The company has Price-to-Book (P/B) ratio of 1.11. In the past many companies with similar price-to-book ratios have beat the market. Altek Corp last dividend was issued on the 21st of September 2022. The entity had 0:1 split on the 15th of October 2014. Altek Corporation engages in the development, manufacture, and sale of digital image technology application products. Altek Corporation was founded in 1996 and is headquartered in Hsinchu, Taiwan. ALTEK CORP is traded on Taiwan Stock Exchange in Taiwan. For more info on Altek Corp please contact Ru Hsia at 886 3 578 4567 or go to https://www.altek.com.tw.Altek Corp Investment Alerts
| Altek Corp has accumulated about 7.25 B in cash with (211.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 26.46. |
Altek Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.43 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Altek Corp's market, we take the total number of its shares issued and multiply it by Altek Corp'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.Altek Profitablity
Altek Corp's profitability indicators refer to fundamental financial ratios that showcase Altek Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Altek Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Altek Corp'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 Altek Corp's profitability requires more research than a typical breakdown of Altek Corp'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 0.03 %, 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 24th of January, Altek Corp shows the Mean Deviation of 1.86, downside deviation of 2.25, and Risk Adjusted Performance of 0.0437. Altek Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Altek Corp standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Altek Corp is priced correctly, providing market reflects its regular price of 36.8 per share.Altek Corp Price Movement Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Altek Corp 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 Altek Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Altek Corp Outstanding Bonds
Altek Corp 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. Altek Corp 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 Altek bonds can be classified according to their maturity, which is the date when Altek Corp 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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Altek Corp Predictive Daily Indicators
Altek Corp 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 Altek Corp 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.
Altek Corp Forecast Models
Altek Corp's time-series forecasting models are one of many Altek Corp'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 Altek Corp'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 Altek Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Altek Corp 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 Altek 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 Altek Corp. By using and applying Altek Stock analysis, traders can create a robust methodology for identifying Altek entry and exit points for their positions.
Altek Corporation engages in the development, manufacture, and sale of digital image technology application products. Altek Corporation was founded in 1996 and is headquartered in Hsinchu, Taiwan. ALTEK CORP is traded on Taiwan Stock Exchange in Taiwan.
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Additional Tools for Altek Stock Analysis
When running Altek Corp's price analysis, check to measure Altek Corp'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 Altek Corp is operating at the current time. Most of Altek Corp's value examination focuses on studying past and present price action to predict the probability of Altek Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altek Corp's price. Additionally, you may evaluate how the addition of Altek Corp to your portfolios can decrease your overall portfolio volatility.