Mirle Automation (Taiwan) Today
Mirle Automation is selling for under 72.70 as of the 2nd of February 2025; that is No Change since the beginning of the trading day. The stock's lowest day price was 72.0. The performance scores are derived for the period starting the 3rd of January 2025 and ending today, the 2nd of February 2025. Click here to learn more.
Valuation
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Mirle Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mirle Automation's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mirle Automation or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Industrials, Machinery, Consumer Electronics, Technology (View all Sectors) |
Mirle Automation Corp (2464) is traded on Taiwan Stock Exchange in Taiwan and employs 15 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mirle Automation's market, we take the total number of its shares issued and multiply it by Mirle Automation'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. Mirle Automation Corp operates under Machinery sector and is part of Industrials industry. The entity has 195.53 M outstanding shares.
Mirle Automation Corp has accumulated about 3.2 B in cash with 1 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.39.
Check Mirle Automation Probability Of Bankruptcy
Mirle Automation Corp Risk Profiles
Although Mirle Automation's alpha and beta are two of the key measurements used to evaluate Mirle Automation's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.77 | |||
| Standard Deviation | 2.26 | |||
| Variance | 5.1 | |||
| Risk Adjusted Performance | (0.07) |
Mirle Stock Against Markets
Mirle Automation Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Mirle Automation stock to make a market-neutral strategy. Peer analysis of Mirle Automation could also be used in its relative valuation, which is a method of valuing Mirle Automation by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Additional Tools for Mirle Stock Analysis
When running Mirle Automation's price analysis, check to measure Mirle Automation'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 Mirle Automation is operating at the current time. Most of Mirle Automation's value examination focuses on studying past and present price action to predict the probability of Mirle Automation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirle Automation's price. Additionally, you may evaluate how the addition of Mirle Automation to your portfolios can decrease your overall portfolio volatility.