Promate Electronic (Taiwan) Today
Promate Electronic is selling for under 78.40 as of the 2nd of February 2025; that is 1.16 percent increase since the beginning of the trading day. The stock's lowest day price was 77.4. 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
Check how we calculate scores
Promate 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. Promate Electronic's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Promate Electronic or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Information Technology, Electronic Equipment, Instruments & Components, Electronics Distribution, Technology (View all Sectors) |
Promate Electronic Co (6189) is traded on Taiwan Stock Exchange in Taiwan and employs 24 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.03 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Promate Electronic's market, we take the total number of its shares issued and multiply it by Promate Electronic'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. Promate Electronic operates under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 207.05 M outstanding shares.
Promate Electronic Co has accumulated about 1.33 B in cash with 166.25 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.43.
Check Promate Electronic Probability Of Bankruptcy
Promate Electronic Risk Profiles
Although Promate Electronic's alpha and beta are two of the key measurements used to evaluate Promate Electronic's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.9764 | |||
| Standard Deviation | 1.27 | |||
| Variance | 1.61 | |||
| Risk Adjusted Performance | (0.07) |
Promate Stock Against Markets
Promate Electronic 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 Promate Electronic stock to make a market-neutral strategy. Peer analysis of Promate Electronic could also be used in its relative valuation, which is a method of valuing Promate Electronic by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Promate Electronic Corporate Management
Elected by the shareholders, the Promate Electronic's board of directors comprises two types of representatives: Promate Electronic inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Promate. The board's role is to monitor Promate Electronic's management team and ensure that shareholders' interests are well served. Promate Electronic'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, Promate Electronic's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mandy Chiu | Accounting Officer | Profile | |
| Mark Chen | Sr VP | Profile | |
| JinLong Sie | Sr Mang | Profile | |
| ChingHung Chen | Deputy Mang | Profile | |
| Wenxin Zhang | Deputy General Manager-Sales 2nd Division | Profile | |
| Jasmine Wu | F Mang | Profile |
Additional Tools for Promate Stock Analysis
When running Promate Electronic's price analysis, check to measure Promate Electronic'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 Promate Electronic is operating at the current time. Most of Promate Electronic's value examination focuses on studying past and present price action to predict the probability of Promate Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Promate Electronic's price. Additionally, you may evaluate how the addition of Promate Electronic to your portfolios can decrease your overall portfolio volatility.