Brighten Optix (Taiwan) Today
Brighten Optix is selling for under 136.00 as of the 31st of January 2025; that is 9.68% increase since the beginning of the trading day. The stock's lowest day price was 124.0. 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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Brighten 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. Brighten Optix's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Brighten Optix or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Medical Devices, Healthcare (View all Sectors) |
Brighten Optix (6747) is traded on Taiwan OTC Exchange in Taiwan and employs 9 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.27 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Brighten Optix's market, we take the total number of its shares issued and multiply it by Brighten Optix'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. Brighten Optix operates under Healthcare sector and is part of Medical Devices industry. The entity has 24.19 M outstanding shares.
Brighten Optix has accumulated about 681.19 M in cash with 204.74 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 28.16.
Check Brighten Optix Probability Of Bankruptcy
Brighten Optix Risk Profiles
Although Brighten Optix's alpha and beta are two of the key measurements used to evaluate Brighten Optix's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8513 | |||
| Standard Deviation | 1.63 | |||
| Variance | 2.66 | |||
| Risk Adjusted Performance | (0.06) |
Brighten Stock Against Markets
Brighten Optix 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 Brighten Optix stock to make a market-neutral strategy. Peer analysis of Brighten Optix could also be used in its relative valuation, which is a method of valuing Brighten Optix by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Brighten Optix Corporate Management
Elected by the shareholders, the Brighten Optix's board of directors comprises two types of representatives: Brighten Optix inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Brighten. The board's role is to monitor Brighten Optix's management team and ensure that shareholders' interests are well served. Brighten Optix'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, Brighten Optix's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Zheyu Li | Independent Director | Profile | |
| Taixiong Wu | Chairman of the Board, General Manager | Profile | |
| Guanhan Wu | General Manager of China Business-General Manager's Office, Director | Profile | |
| Zhuyin Ye | Assistant General Manager of Finance & Accounting Center | Profile | |
| Shifang Qiu | Independent Director | Profile | |
| Zhiyuan You | Director | Profile |
Additional Tools for Brighten Stock Analysis
When running Brighten Optix's price analysis, check to measure Brighten Optix'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 Brighten Optix is operating at the current time. Most of Brighten Optix's value examination focuses on studying past and present price action to predict the probability of Brighten Optix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brighten Optix's price. Additionally, you may evaluate how the addition of Brighten Optix to your portfolios can decrease your overall portfolio volatility.