Zig Sheng (Taiwan) Today
| 1455 Stock | TWD 15.05 0.30 2.03% |
Performance19 of 100
| Odds Of DistressLess than 18
|
Zig Sheng is selling for under 15.05 as of the 28th of April 2024; that is 2.03 percent increase since the beginning of the trading day. The stock's lowest day price was 14.55. Zig Sheng has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Zig Sheng Industrial are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of February 2023 and ending today, the 28th of April 2024. Click here to learn more.
Zig Sheng Industrial Co., Ltd. engages in chemical material and fiber businesses in Taiwan. Zig Sheng Industrial Co., Ltd. was founded in 1969 and is headquartered in Taipei City, Taiwan. ZIG SHENG operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.. The company has 531.69 M outstanding shares. More on Zig Sheng Industrial
Moving together with Zig Stock
| 0.7 | 6020 | Tachan Securities | PairCorr |
| 0.67 | 6144 | Deltamac Taiwan | PairCorr |
| 0.83 | 1725 | Yuan Jen Enterprises | PairCorr |
Moving against Zig Stock
| 0.84 | 3219 | Service Quality Tech | PairCorr |
| 0.81 | 2227 | Yulon Nissan Motor | PairCorr |
| 0.77 | 2712 | FarGlory Hotel | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Zig 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. Zig Sheng's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Zig Sheng or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Shoutun Ye |
| Business Concentration | Consumer Discretionary, Textiles, Apparel & Luxury Goods, Textile Manufacturing, Consumer Cyclical (View all Sectors) |
Zig Sheng Industrial (1455) is traded on Taiwan Stock Exchange in Taiwan and employs 19 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.77 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Zig Sheng's market, we take the total number of its shares issued and multiply it by Zig Sheng'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. Zig Sheng Industrial operates under Textiles, Apparel & Luxury Goods sector and is part of Consumer Discretionary industry. The entity has 531.69 M outstanding shares.
Zig Sheng Industrial has accumulated about 1.12 B in cash with 69.21 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.1.
Check Zig Sheng Probability Of Bankruptcy
Ownership AllocationZig Sheng Industrial owns a total of 531.69 Million outstanding shares. Zig Sheng Industrial owns 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 Zig Ownership Details
Zig Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Zig Sheng jumping above the current price in 90 days from now is about 9.78%. The Zig Sheng Industrial probability density function shows the probability of Zig Sheng stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.2276. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Zig Sheng will likely underperform. Additionally, zig Sheng Industrial has an alpha of 0.4762, implying that it can generate a 0.48 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Zig Sheng to move above the current price in 90 days from now is about 9.78 (This Zig Sheng Industrial probability density function shows the probability of Zig Stock to fall within a particular range of prices over 90 days) .
Zig Sheng Industrial Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Zig Sheng market risk premium is the additional return an investor will receive from holding Zig Sheng 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 Zig Sheng. 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 Zig Sheng's alpha and beta are two of the key measurements used to evaluate Zig Sheng's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.05 | |||
| Semi Deviation | 1.48 | |||
| Standard Deviation | 2.75 | |||
| Variance | 7.59 |
Zig Stock Against Markets
Picking the right benchmark for Zig Sheng 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 Zig Sheng 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 Zig Sheng is critical whether you are bullish or bearish towards Zig Sheng Industrial at a given time. Please also check how Zig Sheng's 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 Zig Sheng 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 Portfolio Rebalancing Now
Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
Zig Sheng Corporate Directors
Zig Sheng corporate directors refer to members of a Zig Sheng board of directors. The board of directors generally takes responsibility for the Zig Sheng's 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 Zig Sheng's board members must vote for the resolution. The Zig Sheng board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Qinglang Su | Director | Profile | |
| Zonghao Ye | Director | Profile | |
| Yisheng You | Deputy General Manager, Director | Profile | |
| Baihuang Su | General Manager, Director | Profile |
How to buy Zig Stock?
Before investing in Zig Sheng, 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 Zig Sheng. To buy Zig Sheng stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Zig Sheng. 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 Zig Sheng stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Zig Sheng Industrial 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 Zig Sheng Industrial 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 Zig Sheng Industrial, 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 Zig Sheng Industrial?
The danger of trading Zig Sheng Industrial 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 Zig Sheng 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 Zig Sheng. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Zig Sheng Industrial 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 Zig Sheng Industrial. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Zig Stock analysis
When running Zig Sheng's price analysis, check to measure Zig Sheng'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 Zig Sheng is operating at the current time. Most of Zig Sheng's value examination focuses on studying past and present price action to predict the probability of Zig Sheng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zig Sheng's price. Additionally, you may evaluate how the addition of Zig Sheng to your portfolios can decrease your overall portfolio volatility.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |