Chong Hong (Taiwan) Today
| 5534 Stock | TWD 127.50 4.50 3.66% |
Performance35 of 100
| Odds Of DistressLess than 9
|
Chong Hong is selling for under 127.50 as of the 29th of April 2024; that is 3.66 percent increase since the beginning of the trading day. The stock's lowest day price was 119.5. Chong Hong has less than a 9 % chance of experiencing financial distress in the next few years and had a very strong performance during the last 90 days. Equity ratings for Chong Hong Construction are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2024 and ending today, the 29th of April 2024. Click here to learn more.
Chong Hong Construction Co., Ltd. engages in the construction of houses. The company was founded in 1975 and is based in Taipei City, Taiwan. CHONG HONG operates under Real Estate Services classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 113 people. The company has 290.33 M outstanding shares. More on Chong Hong Construction
Moving together with Chong Stock
| 0.9 | 3666 | Optivision Technology | PairCorr |
Moving against Chong Stock
| 0.87 | 3545 | FocalTech Systems | PairCorr |
| 0.69 | 1432 | Trk Corp | PairCorr |
| 0.45 | 2609 | Yang Ming Marine | PairCorr |
Follow Valuation Odds of Bankruptcy
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Chong 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. Chong Hong's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Chong Hong or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Wenzao Li |
| Thematic Idea | Farming (View all Themes) |
| Business Concentration | Farming, Real Estate, Real Estate Management & Development, Real Estate Services, Real Estate (View all Sectors) |
Chong Hong Construction (5534) is traded on Taiwan Stock Exchange in Taiwan and employs 20 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 21.72 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Chong Hong's market, we take the total number of its shares issued and multiply it by Chong Hong'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. Chong Hong Construction operates under Real Estate Management & Development sector and is part of Real Estate industry. The entity has 290.33 M outstanding shares.
Chong Hong Construction has accumulated about 2.16 B in cash with (4.38 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.43.
Check Chong Hong Probability Of Bankruptcy
Ownership AllocationChong Hong holds a total of 290.33 Million outstanding shares. Chong Hong Construction retains 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. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Chong Ownership Details
Chong Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Chong Hong jumping above the current price in 90 days from now is near 1%. The Chong Hong Construction probability density function shows the probability of Chong Hong stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Chong Hong Construction has a beta of -0.3865. This suggests as returns on the benchmark increase, returns on holding Chong Hong are expected to decrease at a much lower rate. During a bear market, however, Chong Hong Construction is likely to outperform the market. Additionally, chong Hong Construction has an alpha of 0.7962, implying that it can generate a 0.8 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Chong Hong to move above the current price in 90 days from now is near 1 (This Chong Hong Construction probability density function shows the probability of Chong Stock to fall within a particular range of prices over 90 days) .
Chong Hong Construction Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Chong Hong market risk premium is the additional return an investor will receive from holding Chong Hong 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 Chong Hong. 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 Chong Hong's alpha and beta are two of the key measurements used to evaluate Chong Hong's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.25 | |||
| Standard Deviation | 1.97 | |||
| Variance | 3.89 | |||
| Downside Variance | 0.874 |
Chong Stock Against Markets
Picking the right benchmark for Chong Hong 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 Chong Hong 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 Chong Hong is critical whether you are bullish or bearish towards Chong Hong Construction at a given time. Please also check how Chong Hong's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Chong Hong 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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| All Next | Launch Module |
Chong Hong Corporate Directors
Chong Hong corporate directors refer to members of a Chong Hong board of directors. The board of directors generally takes responsibility for the Chong Hong'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 Chong Hong's board members must vote for the resolution. The Chong Hong board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Yongzhong Liu | Director | Profile | |
| Yaozhong Li | General Manager, Director | Profile | |
| Tianwei Lu | Independent Director | Profile | |
| Shilu Cai | Independent Director | Profile |
How to buy Chong Stock?
Before investing in Chong Hong, 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 Chong Hong. To buy Chong Hong stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Chong Hong. 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 Chong Hong stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Chong Hong Construction 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 Chong Hong Construction 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 Chong Hong Construction, 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 Chong Hong Construction?
The danger of trading Chong Hong Construction 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 Chong Hong 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 Chong Hong. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Chong Hong Construction 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 Chong Hong Construction. 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Chong Stock analysis
When running Chong Hong's price analysis, check to measure Chong Hong'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 Chong Hong is operating at the current time. Most of Chong Hong's value examination focuses on studying past and present price action to predict the probability of Chong Hong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chong Hong's price. Additionally, you may evaluate how the addition of Chong Hong to your portfolios can decrease your overall portfolio volatility.
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