Promise Technology (Taiwan) Today
| 3057 Stock | TWD 12.20 0.05 0.41% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Promise Technology is selling for under 12.20 as of the 26th of November 2024; that is 0.41 percent increase since the beginning of the trading day. The stock's lowest day price was 12.1. Promise Technology has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Promise Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
PROMISE Technology, Inc. develops storage solutions for the data center, surveillance, cloud, and rich media markets worldwide. PROMISE Technology, Inc. was founded in 1988 and is headquartered in Hsinchu, Taiwan. PROMISE TECHNOLOGY is traded on Taiwan Stock Exchange in Taiwan. The company has 92.68 M outstanding shares. More on Promise Technology
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Promise 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. Promise Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Promise Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | IT, Computers, Information Technology, Technology Hardware, Storage & Peripherals, Data Storage, Technology, Cloud Computing (View all Sectors) |
Promise Technology (3057) 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 1.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Promise Technology's market, we take the total number of its shares issued and multiply it by Promise Technology'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. Promise Technology operates under Technology Hardware, Storage & Peripherals sector and is part of Information Technology industry. The entity has 92.68 M outstanding shares.
Promise Technology has accumulated about 635.45 M in cash with 23.42 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.94.
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Ownership AllocationPromise Technology owns a total of 92.68 Million outstanding shares. Promise Technology has 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 maintains, 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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Promise Technology Risk Profiles
Although Promise Technology's alpha and beta are two of the key measurements used to evaluate Promise Technology's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.15 | |||
| Standard Deviation | 1.51 | |||
| Variance | 2.29 | |||
| Risk Adjusted Performance | (0.03) |
Promise Stock Against Markets
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Additional Tools for Promise Stock Analysis
When running Promise Technology's price analysis, check to measure Promise Technology'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 Promise Technology is operating at the current time. Most of Promise Technology's value examination focuses on studying past and present price action to predict the probability of Promise Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Promise Technology's price. Additionally, you may evaluate how the addition of Promise Technology to your portfolios can decrease your overall portfolio volatility.