Shinkong Insurance (Taiwan) Today

2850 Stock  TWD 99.80  0.70  0.70%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
Shinkong Insurance is selling for under 99.80 as of the 23rd of November 2024; that is 0.7 percent decrease since the beginning of the trading day. The stock's lowest day price was 99.8. Shinkong Insurance has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Shinkong Insurance Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of November 2023 and ending today, the 23rd of November 2024. Click here to learn more.
Shinkong Insurance Co., Ltd. engages in the insurance business in Taiwan. Shinkong Insurance Co., Ltd. was founded in 1963 and is headquartered in Taipei City, Taiwan. SHINKONG INSURANCE operates under Insurance - Property Casualty classification in Taiwan and is traded on Taiwan Stock Exchange. The company has 315.96 M outstanding shares. More on Shinkong Insurance Co

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Shinkong 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. Shinkong Insurance's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Shinkong Insurance or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
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Business ConcentrationInsurance Providers, Banks, Financials, Insurance, Insurance - Property & Casualty, Financial Services (View all Sectors)
Shinkong Insurance Co (2850) is traded on Taiwan Stock Exchange in Taiwan and employs 1,653 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 16.21 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Shinkong Insurance's market, we take the total number of its shares issued and multiply it by Shinkong Insurance'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. Shinkong Insurance operates under Insurance sector and is part of Financials industry. The entity has 315.96 M outstanding shares. Shinkong Insurance Co has accumulated about 16.28 B in cash with 1.7 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 51.53.
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Ownership Allocation
Shinkong Insurance shows a total of 315.96 Million outstanding shares. Shinkong Insurance maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Shinkong Insurance Risk Profiles

Although Shinkong Insurance's alpha and beta are two of the key measurements used to evaluate Shinkong Insurance's performance over the market, the standard measures of volatility play an important role as well.

Shinkong Stock Against Markets

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Analyst Advice

Analyst recommendations and target price estimates broken down by several categories
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Shinkong Insurance Corporate Management

Elected by the shareholders, the Shinkong Insurance's board of directors comprises two types of representatives: Shinkong Insurance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Shinkong. The board's role is to monitor Shinkong Insurance's management team and ensure that shareholders' interests are well served. Shinkong Insurance's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Shinkong Insurance's outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Tools for Shinkong Stock Analysis

When running Shinkong Insurance's price analysis, check to measure Shinkong Insurance'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 Shinkong Insurance is operating at the current time. Most of Shinkong Insurance's value examination focuses on studying past and present price action to predict the probability of Shinkong Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinkong Insurance's price. Additionally, you may evaluate how the addition of Shinkong Insurance to your portfolios can decrease your overall portfolio volatility.