Greatek Electronics (Taiwan) Today
| 2441 Stock | TWD 60.20 0.60 1.01% |
Performance1 of 100
| Odds Of DistressLess than 9
|
Greatek Electronics is selling for under 60.20 as of the 24th of April 2024; that is 1.01 percent up since the beginning of the trading day. The stock's lowest day price was 59.8. Greatek Electronics has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Greatek Electronics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2023 and ending today, the 24th of April 2024. Click here to learn more.
Greatek Electronics Inc. provides leadframe base packaging services in Taiwan. Greatek Electronics Inc. was founded in 1983 and is based in Miaoli, Taiwan. GREATEK ELECTRONICS operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan Stock Exchange. The company has 568.85 M outstanding shares. More on Greatek Electronics
Moving together with Greatek Stock
| 0.83 | 8086 | Advanced Wireless | PairCorr |
| 0.72 | 1591 | Inmax Holding | PairCorr |
Moving against Greatek Stock
| 0.7 | 6674 | Compal Broadband Networks | PairCorr |
| 0.65 | 3556 | eGalaxeMPIA Technology | PairCorr |
| 0.51 | 4108 | Phytohealth Corp | PairCorr |
| 0.48 | 2345 | Accton Technology Corp | PairCorr |
Greatek 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. Greatek Electronics' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Greatek Electronics or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Dugong Cai |
| Business Concentration | Information Technology, Semiconductors & Semiconductor Equipment, Semiconductor Equipment & Materials, Technology (View all Sectors) |
Greatek Electronics (2441) is traded on Taiwan Stock Exchange in Taiwan and employs 4,211 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 29.41 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Greatek Electronics's market, we take the total number of its shares issued and multiply it by Greatek Electronics'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. Greatek Electronics operates under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 568.85 M outstanding shares.
Greatek Electronics has accumulated about 3.81 B in cash with 7.41 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.7.
Check Greatek Electronics Probability Of Bankruptcy
Ownership AllocationGreatek Electronics secures a total of 568.85 Million outstanding shares. Greatek Electronics secures 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. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Greatek Ownership Details
Greatek Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Greatek Electronics jumping above the current price in 90 days from now is about 66.23%. The Greatek Electronics probability density function shows the probability of Greatek Electronics stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Greatek Electronics has a beta of 0.098. This suggests as returns on the market go up, Greatek Electronics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Greatek Electronics will be expected to be much smaller as well. Additionally, greatek Electronics has an alpha of 0.0211, implying that it can generate a 0.0211 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Greatek Electronics to move above the current price in 90 days from now is about 66.23 (This Greatek Electronics probability density function shows the probability of Greatek Stock to fall within a particular range of prices over 90 days) .
Greatek Electronics Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Greatek Electronics market risk premium is the additional return an investor will receive from holding Greatek Electronics long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Greatek Electronics. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Greatek Electronics' alpha and beta are two of the key measurements used to evaluate Greatek Electronics' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8686 | |||
| Semi Deviation | 1.08 | |||
| Standard Deviation | 1.14 | |||
| Variance | 1.29 |
Greatek Stock Against Markets
Picking the right benchmark for Greatek Electronics stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Greatek Electronics stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Greatek Electronics is critical whether you are bullish or bearish towards Greatek Electronics at a given time. Please also check how Greatek Electronics' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Greatek Electronics without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Equity Analysis Now
Equity AnalysisResearch over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |
| All Next | Launch Module |
Greatek Electronics Corporate Directors
Greatek Electronics corporate directors refer to members of a Greatek Electronics board of directors. The board of directors generally takes responsibility for the Greatek Electronics' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Greatek Electronics' board members must vote for the resolution. The Greatek Electronics board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Mingren Zhuang | Independent Director | Profile | |
| Yongda Xie | Director | Profile | |
| Sheng Chen | Head of the Fin. Department and Director | Profile | |
| J Leu | Director | Profile |
How to buy Greatek Stock?
Before investing in Greatek Electronics, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Greatek Electronics. To buy Greatek Electronics stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Greatek Electronics. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Greatek Electronics stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Greatek Electronics stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Greatek Electronics stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Greatek Electronics, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Greatek Electronics?
The danger of trading Greatek Electronics is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Greatek Electronics is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Greatek Electronics. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Greatek Electronics is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Greatek Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Greatek Stock analysis
When running Greatek Electronics' price analysis, check to measure Greatek Electronics' 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 Greatek Electronics is operating at the current time. Most of Greatek Electronics' value examination focuses on studying past and present price action to predict the probability of Greatek Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greatek Electronics' price. Additionally, you may evaluate how the addition of Greatek Electronics to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |