Alpha Networks (Taiwan) Today
| 3380 Stock | TWD 31.15 1.10 3.41% |
Performance0 of 100
| Odds Of DistressLess than 10
|
Alpha Networks is selling for under 31.15 as of the 20th of April 2024; that is -3.41 percent decrease since the beginning of the trading day. The stock's lowest day price was 30.8. Alpha Networks has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Alpha Networks are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of February 2023 and ending today, the 20th of April 2024. Click here to learn more.
Alpha Networks Inc. designs, manufactures, and services networking products worldwide. Alpha Networks Inc. was founded in 2003 and is headquartered in Hsinchu, Taiwan. ALPHA NETWORKS is traded on Taiwan Stock Exchange in Taiwan. The company has 541.72 M outstanding shares. More on Alpha Networks
Moving together with Alpha Stock
| 0.69 | 6763 | Green World Fintech | PairCorr |
| 0.62 | 6539 | DV Biomed Split | PairCorr |
Moving against Alpha Stock
| 0.71 | 0050 | YuantaP shares Taiwan | PairCorr |
| 0.7 | 0053 | YuantaP shares Taiwan | PairCorr |
| 0.7 | 0057 | Fubon MSCI Taiwan | PairCorr |
| 0.62 | 0051 | YuantaP shares Taiwan | PairCorr |
| 0.44 | 2072 | Century Wind Power | PairCorr |
Follow Valuation Odds of Bankruptcy
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Alpha 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. Alpha Networks' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Alpha Networks or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board, CEO | Zhongwang Li |
| Business Concentration | Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors) |
Alpha Networks (3380) is traded on Taiwan Stock Exchange in Taiwan and employs 27 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 16.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alpha Networks's market, we take the total number of its shares issued and multiply it by Alpha Networks'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. Alpha Networks operates under Communications Equipment sector and is part of Information Technology industry. The entity has 541.72 M outstanding shares.
Alpha Networks has accumulated about 5.68 B in cash with (899.98 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.8.
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Ownership AllocationAlpha Networks retains a total of 541.72 Million outstanding shares. Alpha Networks shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 64.77 percent of Alpha Networks outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. 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.
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Alpha Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Alpha Networks jumping above the current price in 90 days from now is close to 99%. The Alpha Networks probability density function shows the probability of Alpha Networks stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Alpha Networks has a beta of -0.0146. This suggests as returns on the benchmark increase, returns on holding Alpha Networks are expected to decrease at a much lower rate. During a bear market, however, Alpha Networks is likely to outperform the market. Additionally, alpha Networks has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Alpha Networks to move above the current price in 90 days from now is close to 99 (This Alpha Networks probability density function shows the probability of Alpha Stock to fall within a particular range of prices over 90 days) .
Alpha Networks Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Alpha Networks market risk premium is the additional return an investor will receive from holding Alpha Networks 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 Alpha Networks. 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 Alpha Networks' alpha and beta are two of the key measurements used to evaluate Alpha Networks' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.17 | |||
| Standard Deviation | 1.57 | |||
| Variance | 2.48 | |||
| Risk Adjusted Performance | (0.10) |
Alpha Stock Against Markets
Picking the right benchmark for Alpha Networks 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 Alpha Networks 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 Alpha Networks is critical whether you are bullish or bearish towards Alpha Networks at a given time. Please also check how Alpha Networks' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Alpha Networks 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?
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Alpha Networks Corporate Directors
Alpha Networks corporate directors refer to members of an Alpha Networks board of directors. The board of directors generally takes responsibility for the Alpha Networks' 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 Alpha Networks' board members must vote for the resolution. The Alpha Networks board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Hongyi Gao | Director | Profile | |
| Shiguo Lin | Director | Profile | |
| Ciquan Li | Independent Director | Profile | |
| Ruixu Chen | Director | Profile |
How to buy Alpha Stock?
Before investing in Alpha Networks, 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 Alpha Networks. To buy Alpha Networks stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Alpha Networks. 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 Alpha Networks stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Alpha Networks 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 Alpha Networks 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 Alpha Networks, 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 Alpha Networks?
The danger of trading Alpha Networks 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 Alpha Networks 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 Alpha Networks. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alpha Networks 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 Alpha Networks. 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Alpha Stock analysis
When running Alpha Networks' price analysis, check to measure Alpha Networks' 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 Alpha Networks is operating at the current time. Most of Alpha Networks' value examination focuses on studying past and present price action to predict the probability of Alpha Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alpha Networks' price. Additionally, you may evaluate how the addition of Alpha Networks to your portfolios can decrease your overall portfolio volatility.
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