Grand Plastic (Taiwan) Performance
| 3131 Stock | TWD 1,020 30.00 2.86% |
On a scale of 0 to 100, Grand Plastic holds a performance score of 11. The company retains a Market Volatility (i.e., Beta) of -0.66, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Grand Plastic are expected to decrease at a much lower rate. During the bear market, Grand Plastic is likely to outperform the market. Please check Grand Plastic's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Grand Plastic's current trending patterns will revert.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Grand Plastic Technology are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Grand Plastic showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 869.1 M | |
| Total Cashflows From Investing Activities | -185.6 M | |
| Free Cash Flow | 545.3 M |
Grand |
Grand Plastic Relative Risk vs. Return Landscape
If you would invest 70,700 in Grand Plastic Technology on February 12, 2024 and sell it today you would earn a total of 31,300 from holding Grand Plastic Technology or generate 44.27% return on investment over 90 days. Grand Plastic Technology is generating 0.748% of daily returns and assumes 5.1016% volatility on return distribution over the 90 days horizon. Simply put, 45% of stocks are less volatile than Grand, and 86% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Grand Plastic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grand Plastic's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Grand Plastic Technology, and traders can use it to determine the average amount a Grand Plastic's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1466
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 3131 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.1 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.75 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Grand Plastic is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Grand Plastic by adding it to a well-diversified portfolio.
Grand Plastic Fundamentals Growth
Grand Stock prices reflect investors' perceptions of the future prospects and financial health of Grand Plastic, and Grand Plastic fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Grand Stock performance.
| Return On Equity | 0.27 | |||
| Return On Asset | 0.0789 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.21 % | |||
| Current Valuation | 5.42 B | |||
| Shares Outstanding | 28.52 M | |||
| Price To Earning | 13.55 X | |||
| Price To Book | 2.11 X | |||
| Price To Sales | 1.73 X | |||
| Revenue | 3.66 B | |||
| EBITDA | 949.27 M | |||
| Cash And Equivalents | 1.41 B | |||
| Cash Per Share | 53.05 X | |||
| Total Debt | 296.89 M | |||
| Debt To Equity | 29.30 % | |||
| Book Value Per Share | 110.92 X | |||
| Cash Flow From Operations | 631.4 M | |||
| Earnings Per Share | 28.23 X | |||
| Total Asset | 6.15 B | |||
About Grand Plastic Performance
To evaluate Grand Plastic Technology Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Grand Plastic generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Grand Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Grand Plastic Technology market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Grand's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Grand Plastic Technology Corporation engages in the design, development, system customization, assembly, testing, product initialization, and after-sales service of metal etching and wafer cleaning equipment in Taiwan. The company was founded in 1993 and is based in Hsinchu City, Taiwan. GRAND PLASTIC operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan OTC Exchange.Things to note about Grand Plastic Technology performance evaluation
Checking the ongoing alerts about Grand Plastic for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Grand Plastic Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Grand Plastic is way too risky over 90 days horizon | |
| Grand Plastic appears to be risky and price may revert if volatility continues | |
| About 36.0% of the company shares are owned by insiders or employees |
- Analyzing Grand Plastic's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Grand Plastic's stock is overvalued or undervalued compared to its peers.
- Examining Grand Plastic's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Grand Plastic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Grand Plastic's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Grand Plastic's stock. These opinions can provide insight into Grand Plastic's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Grand Plastic Technology. 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Grand Stock analysis
When running Grand Plastic's price analysis, check to measure Grand Plastic'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 Grand Plastic is operating at the current time. Most of Grand Plastic's value examination focuses on studying past and present price action to predict the probability of Grand Plastic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grand Plastic's price. Additionally, you may evaluate how the addition of Grand Plastic to your portfolios can decrease your overall portfolio volatility.
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