Bright Led (Taiwan) Today
Bright Led is selling for under 22.55 as of the 31st of January 2025; that is 1.96% down since the beginning of the trading day. The stock's lowest day price was 22.45. The performance scores are derived for the period starting the 3rd of September 2024 and ending today, the 31st of January 2025. Click here to learn more.
Valuation
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Bright 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. Bright Led's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bright Led or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Electronics (View all Themes) |
| Business Concentration | Electronics, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductors, Technology (View all Sectors) |
Bright Led Electronics (3031) is traded on Taiwan Stock Exchange in Taiwan and employs 14 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.7 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bright Led's market, we take the total number of its shares issued and multiply it by Bright Led'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. Bright Led Electronics operates under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 173.2 M outstanding shares.
Bright Led Electronics has accumulated about 897.69 M in cash with 163.44 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.81.
Check Bright Led Probability Of Bankruptcy
Bright Led Electronics Risk Profiles
Although Bright Led's alpha and beta are two of the key measurements used to evaluate Bright Led's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.97 | |||
| Standard Deviation | 2.61 | |||
| Variance | 6.82 | |||
| Risk Adjusted Performance | (0.03) |
Bright Stock Against Markets
Bright Led 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 Bright Led stock to make a market-neutral strategy. Peer analysis of Bright Led could also be used in its relative valuation, which is a method of valuing Bright Led by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Additional Tools for Bright Stock Analysis
When running Bright Led's price analysis, check to measure Bright Led'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 Bright Led is operating at the current time. Most of Bright Led's value examination focuses on studying past and present price action to predict the probability of Bright Led's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bright Led's price. Additionally, you may evaluate how the addition of Bright Led to your portfolios can decrease your overall portfolio volatility.