Aces Electronics (Taiwan) Performance
| 3605 Stock | TWD 40.55 0.90 2.17% |
Aces Electronics has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0612, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aces Electronics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Aces Electronics is expected to be smaller as well. Aces Electronics right now shows a risk of 3.37%. Please confirm Aces Electronics semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Aces Electronics will be following its price patterns.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Aces Electronics Co are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly uncertain basic indicators, Aces Electronics may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
| Begin Period Cash Flow | 1.8 B | |
| Total Cashflows From Investing Activities | -1.1 B |
Aces |
Aces Electronics Relative Risk vs. Return Landscape
If you would invest 3,870 in Aces Electronics Co on January 31, 2024 and sell it today you would earn a total of 185.00 from holding Aces Electronics Co or generate 4.78% return on investment over 90 days. Aces Electronics Co is generating 0.1398% of daily returns and assumes 3.3663% volatility on return distribution over the 90 days horizon. Simply put, 29% of stocks are less volatile than Aces, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Aces Electronics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aces Electronics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Aces Electronics Co, and traders can use it to determine the average amount a Aces Electronics' 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 = 0.0415
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| Cash | Small Risk | 3605 | High Risk | Huge Risk |
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Estimated Market Risk
| 3.37 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Aces Electronics is performing at about 3% 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 Aces Electronics by adding it to a well-diversified portfolio.
Aces Electronics Fundamentals Growth
Aces Stock prices reflect investors' perceptions of the future prospects and financial health of Aces Electronics, and Aces Electronics 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 Aces Stock performance.
| Return On Equity | 0.0819 | |||
| Return On Asset | 0.0084 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 5.73 B | |||
| Shares Outstanding | 134.42 M | |||
| Price To Earning | 8.44 X | |||
| Price To Book | 0.77 X | |||
| Price To Sales | 0.41 X | |||
| Revenue | 10.58 B | |||
| EBITDA | 1.23 B | |||
| Cash And Equivalents | 2.09 B | |||
| Cash Per Share | 17.05 X | |||
| Total Debt | 2.06 B | |||
| Debt To Equity | 42.30 % | |||
| Book Value Per Share | 43.68 X | |||
| Cash Flow From Operations | 1.04 B | |||
| Earnings Per Share | 2.77 X | |||
| Total Asset | 12.87 B | |||
| Retained Earnings | 2.16 B | |||
| Current Asset | 4.28 B | |||
| Current Liabilities | 1.84 B | |||
About Aces Electronics Performance
To evaluate Aces Electronics 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 Aces Electronics 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 Aces 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 Aces Electronics market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Aces'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.ACES Electronics Co., Ltd. offers connector solutions for various electronic applications in Taiwan and internationally. ACES Electronics Co., Ltd. was founded in 1996 and is headquartered in Zhongli, Taiwan. ACES ELECTRONIC is traded on Taiwan Stock Exchange in Taiwan.Things to note about Aces Electronics performance evaluation
Checking the ongoing alerts about Aces Electronics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Aces Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Aces Electronics had very high historical volatility over the last 90 days | |
| About 33.0% of the company shares are owned by insiders or employees |
- Analyzing Aces Electronics' 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 Aces Electronics' stock is overvalued or undervalued compared to its peers.
- Examining Aces Electronics' 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 Aces Electronics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Aces Electronics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Aces Electronics' stock. These opinions can provide insight into Aces Electronics' 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 Aces Electronics Co. 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Aces Stock analysis
When running Aces Electronics' price analysis, check to measure Aces 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 Aces Electronics is operating at the current time. Most of Aces Electronics' value examination focuses on studying past and present price action to predict the probability of Aces Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aces Electronics' price. Additionally, you may evaluate how the addition of Aces Electronics to your portfolios can decrease your overall portfolio volatility.
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