Honmyue Enterprise (Taiwan) Today
| 1474 Stock | TWD 13.65 0.05 0.36% |
Performance8 of 100
| Odds Of DistressLess than 9
|
Honmyue Enterprise is selling for under 13.65 as of the 28th of May 2024; that is -0.36 percent decrease since the beginning of the trading day. The stock's lowest day price was 13.55. Honmyue Enterprise has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Honmyue Enterprise Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of April 2024 and ending today, the 28th of May 2024. Click here to learn more.
Honmyue Enterprise Co., Ltd. operates as a fabric and textile manufacturer in Taiwan. Honmyue Enterprise Co., Ltd. was founded in 1970 and is based in Changhua County, Taiwan. HONMYUE ENTERPRISE operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.. The company has 129.9 M outstanding shares. More on Honmyue Enterprise Co
Moving together with Honmyue Stock
| 0.63 | 0051 | YuantaP shares Taiwan | PairCorr |
| 0.71 | 0050 | YuantaP shares Taiwan | PairCorr |
| 0.67 | 0053 | YuantaP shares Taiwan | PairCorr |
Follow Valuation Odds of Bankruptcy
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Honmyue 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. Honmyue Enterprise's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Honmyue Enterprise or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Consumer Discretionary, Textiles, Apparel & Luxury Goods, Textile Manufacturing, Consumer Cyclical (View all Sectors) |
Honmyue Enterprise Co (1474) is traded on Taiwan Stock Exchange in Taiwan and employs 13 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.58 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Honmyue Enterprise's market, we take the total number of its shares issued and multiply it by Honmyue Enterprise'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. Honmyue Enterprise operates under Textiles, Apparel & Luxury Goods sector and is part of Consumer Discretionary industry. The entity has 129.9 M outstanding shares.
Honmyue Enterprise Co has accumulated about 731.13 M in cash with 174.65 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.63.
Check Honmyue Enterprise Probability Of Bankruptcy
Ownership AllocationHonmyue Enterprise secures a total of 129.9 Million outstanding shares. Honmyue Enterprise secures 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 Honmyue Ownership Details
Honmyue Enterprise Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Honmyue Enterprise market risk premium is the additional return an investor will receive from holding Honmyue Enterprise 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 Honmyue Enterprise. 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 Honmyue Enterprise's alpha and beta are two of the key measurements used to evaluate Honmyue Enterprise's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.31 | |||
| Semi Deviation | 1.25 | |||
| Standard Deviation | 1.84 | |||
| Variance | 3.38 |
Honmyue Stock Against Markets
Picking the right benchmark for Honmyue Enterprise 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 Honmyue Enterprise 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 Honmyue Enterprise is critical whether you are bullish or bearish towards Honmyue Enterprise Co at a given time. Please also check how Honmyue Enterprise'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 Honmyue Enterprise 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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Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
| All Next | Launch Module |
How to buy Honmyue Stock?
Before investing in Honmyue Enterprise, 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 Honmyue Enterprise. To buy Honmyue Enterprise stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Honmyue Enterprise. 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 Honmyue Enterprise stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Honmyue Enterprise Co 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 Honmyue Enterprise Co 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 Honmyue Enterprise Co, 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 Honmyue Enterprise Co?
The danger of trading Honmyue Enterprise Co 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 Honmyue Enterprise 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 Honmyue Enterprise. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Honmyue Enterprise 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 Honmyue Enterprise 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Honmyue Stock analysis
When running Honmyue Enterprise's price analysis, check to measure Honmyue Enterprise'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 Honmyue Enterprise is operating at the current time. Most of Honmyue Enterprise's value examination focuses on studying past and present price action to predict the probability of Honmyue Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honmyue Enterprise's price. Additionally, you may evaluate how the addition of Honmyue Enterprise to your portfolios can decrease your overall portfolio volatility.
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