GlobalWafers (Taiwan) Today
| 6488 Stock | TWD 527.00 2.00 0.38% |
Performance0 of 100
| Odds Of DistressLess than 9
|
GlobalWafers is selling for under 527.00 as of the 7th of May 2024; that is -0.38 percent decrease since the beginning of the trading day. The stock's lowest day price was 520.0. GlobalWafers has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for GlobalWafers Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of April 2024 and ending today, the 7th of May 2024. Click here to learn more.
GlobalWafers Co., Ltd., together with its subsidiaries, researches, designs, develops, manufactures, and markets semiconductor ingots and wafers in Taiwan, Korea, the United States, Japan, China, Germany, and internationally. GlobalWafers Co., Ltd. was founded in 2011 and is headquartered in Hsinchu, Taiwan. The company has 435.24 M outstanding shares. More on GlobalWafers Co
Moving together with GlobalWafers Stock
| 0.8 | 3008 | LARGAN Precision | PairCorr |
| 0.65 | 3529 | eMemory Technology | PairCorr |
Moving against GlobalWafers Stock
| 0.47 | 1590 | Airtac International | PairCorr |
Follow Valuation Odds of Bankruptcy
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GlobalWafers 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. GlobalWafers' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding GlobalWafers or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Information Technology, Semiconductors & Semiconductor Equipment, Semiconductors, Technology (View all Sectors) |
GlobalWafers Co (6488) is traded on Taiwan OTC Exchange in Taiwan and employs 28 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 226.32 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate GlobalWafers's market, we take the total number of its shares issued and multiply it by GlobalWafers'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. GlobalWafers operates under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 435.24 M outstanding shares.
GlobalWafers Co has accumulated about 39.89 B in cash with 29.3 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 91.65.
Check GlobalWafers Probability Of Bankruptcy
Ownership AllocationGlobalWafers secures a total of 435.24 Million outstanding shares. GlobalWafers 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 GlobalWafers Ownership Details
GlobalWafers Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of GlobalWafers jumping above the current price in 90 days from now is about 90.73%. The GlobalWafers Co probability density function shows the probability of GlobalWafers stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon GlobalWafers Co has a beta of -0.1756. This suggests as returns on the benchmark increase, returns on holding GlobalWafers are expected to decrease at a much lower rate. During a bear market, however, GlobalWafers Co is likely to outperform the market. Additionally, globalWafers Co has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of GlobalWafers to move above the current price in 90 days from now is about 90.73 (This GlobalWafers Co probability density function shows the probability of GlobalWafers Stock to fall within a particular range of prices over 90 days) .
GlobalWafers Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. GlobalWafers market risk premium is the additional return an investor will receive from holding GlobalWafers 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 GlobalWafers. 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 GlobalWafers' alpha and beta are two of the key measurements used to evaluate GlobalWafers' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.37 | |||
| Standard Deviation | 1.84 | |||
| Variance | 3.39 | |||
| Risk Adjusted Performance | (0.04) |
GlobalWafers Stock Against Markets
Picking the right benchmark for GlobalWafers 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 GlobalWafers 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 GlobalWafers is critical whether you are bullish or bearish towards GlobalWafers Co at a given time. Please also check how GlobalWafers' 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 GlobalWafers 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 |
GlobalWafers Corporate Management
Elected by the shareholders, the GlobalWafers' board of directors comprises two types of representatives: GlobalWafers inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GlobalWafers. The board's role is to monitor GlobalWafers' management team and ensure that shareholders' interests are well served. GlobalWafers' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, GlobalWafers' outside directors are responsible for providing unbiased perspectives on the board's policies.
| YuTing Lo | Chief Accountant | Profile | |
| Peng Leah | Special Spokesperson | Profile | |
| Weiwen Chen | Deputy General Manager-Materials | Profile | |
| YinSheng Shueh | Pres Branch | Profile | |
| HisuLan Hsu | Chairperson CEO | Profile | |
| MingHuei Chien | Chief Officer | Profile | |
| William Chen | VP | Profile |
How to buy GlobalWafers Stock?
Before investing in GlobalWafers, 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 GlobalWafers. To buy GlobalWafers stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of GlobalWafers. 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 GlobalWafers stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located GlobalWafers 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 GlobalWafers 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 GlobalWafers 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 GlobalWafers Co?
The danger of trading GlobalWafers 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 GlobalWafers 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 GlobalWafers. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile GlobalWafers 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 GlobalWafers 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 Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for GlobalWafers Stock analysis
When running GlobalWafers' price analysis, check to measure GlobalWafers' 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 GlobalWafers is operating at the current time. Most of GlobalWafers' value examination focuses on studying past and present price action to predict the probability of GlobalWafers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GlobalWafers' price. Additionally, you may evaluate how the addition of GlobalWafers to your portfolios can decrease your overall portfolio volatility.
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