Novatek Microelectronics (Taiwan) Analysis

Novatek Stock Analysis Notes

About 41.0% of the company shares are owned by institutions such as pension funds. The book value of Novatek Microelectronics was presently reported as 100.74. The company has Price/Earnings To Growth (PEG) ratio of 2.12. Novatek Microelectronics recorded earning per share (EPS) of 57.16. The entity last dividend was issued on the 12th of July 2022. The firm had 1:1 split on the 5th of August 2009. Novatek Microelectronics Corp. and its subsidiaries research, develop, manufacture, and sell integrated circuit chips for speech, communication, computer peripheral, LCD driver IC system, embedded MCU, DSP, and system applications. Novatek Microelectronics Corp. was founded in 1997 and is headquartered in Hsinchu, Taiwan. NOVATEK MICROELECTRONICS operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange. For more info on Novatek Microelectronics Corp please contact the company at 886 3 567 0889 or go to https://www.novatek.com.tw.

Novatek Market Capitalization

The company currently falls under 'Mega-Cap' category with a current market capitalization of 242.49 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Novatek Microelectronics's market, we take the total number of its shares issued and multiply it by Novatek Microelectronics'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.

Novatek Profitablity

The company has Profit Margin (PM) of 0.25 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.3 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.3.

Technical Drivers

As of the 7th of May, Novatek Microelectronics secures the Risk Adjusted Performance of 0.1068, downside deviation of 1.67, and Mean Deviation of 1.55. Novatek Microelectronics Corp technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Novatek Microelectronics, which can be compared to its peers in the industry. Please verify Novatek Microelectronics jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Novatek Microelectronics Corp is priced some-what accurately, providing market reflects its recent price of 635.0 per share.

Novatek Microelectronics Price Movement Analysis

Novatek Microelectronics Predictive Daily Indicators

Novatek Microelectronics Forecast Models

Novatek Microelectronics' time-series forecasting models are one of many Novatek Microelectronics' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Novatek Microelectronics' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Novatek Microelectronics prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Novatek shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Novatek Microelectronics. By using and applying Novatek Stock analysis, traders can create a robust methodology for identifying Novatek entry and exit points for their positions.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Novatek Microelectronics Corp. 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

When running Novatek Microelectronics' price analysis, check to measure Novatek Microelectronics' 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 Novatek Microelectronics is operating at the current time. Most of Novatek Microelectronics' value examination focuses on studying past and present price action to predict the probability of Novatek Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novatek Microelectronics' price. Additionally, you may evaluate how the addition of Novatek Microelectronics to your portfolios can decrease your overall portfolio volatility.