Top Bright (Taiwan) Today
| 8499 Stock | TWD 121.50 2.50 2.10% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Top Bright is selling for under 121.50 as of the 23rd of May 2024; that is 2.10 percent up since the beginning of the trading day. The stock's lowest day price was 118.0. Top Bright 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 Top Bright Holding are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of February 2024 and ending today, the 23rd of May 2024. Click here to learn more.
Top Bright Holding Co., Ltd. engages in the research, development, manufacture, and sale of weighing instruments and electronic materials in China and internationally. Top Bright Holding Co., Ltd. is headquartered in Grand Cayman, the Cayman Islands. TOP BRIGHT is traded on Taiwan Stock Exchange in Taiwan.. The company has 51.86 M outstanding shares. More on Top Bright Holding
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Moving against Top Stock
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Top Bright Holding cannot be verified against its exchange. It appears Top Bright is not available for investing at the moment. Please verify the symbol is currently traded on Taiwan Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
RefreshTop 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. Top Bright's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Top Bright or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Ching Fu |
| Business Concentration | Information Technology, Electronic Equipment, Instruments & Components, Electronic Components, Technology (View all Sectors) |
Top Bright Holding (8499) is traded on Taiwan Stock Exchange in Taiwan and employs 28 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Top Bright's market, we take the total number of its shares issued and multiply it by Top Bright'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. Top Bright Holding operates under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 51.86 M outstanding shares.
Top Bright Holding has accumulated about 2.7 B in cash with 912.37 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 52.13.
Check Top Bright Probability Of Bankruptcy
Top Bright Holding Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Top Bright market risk premium is the additional return an investor will receive from holding Top Bright 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 Top Bright. 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 Top Bright's alpha and beta are two of the key measurements used to evaluate Top Bright's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6922 | |||
| Standard Deviation | 0.9854 | |||
| Variance | 0.971 | |||
| Risk Adjusted Performance | (0.03) |
Top Stock Against Markets
Picking the right benchmark for Top Bright 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 Top Bright 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 Top Bright is critical whether you are bullish or bearish towards Top Bright Holding at a given time. Please also check how Top Bright's historical prices are related to one of the top price index indicators.
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Be your own money manager
Our tools can tell you how much better you can do entering a position in Top Bright 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 |
Top Bright Corporate Management
Elected by the shareholders, the Top Bright's board of directors comprises two types of representatives: Top Bright inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Top. The board's role is to monitor Top Bright's management team and ensure that shareholders' interests are well served. Top Bright's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Top Bright's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Hsien Chen | Deputy General Manager-Long Young Division of Materials Business Headquarters | Profile | |
| Li Lin | Director | Profile | |
| ZaiXin Kang | CFO, Officer | Profile | |
| Ching Lin | Director | Profile | |
| Fang Yeh | Independent Director | Profile | |
| Tung Chang | General Manager of Materials Business Headquarters, Director | Profile |
How to buy Top Stock?
Before investing in Top Bright, 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 Top Bright. To buy Top Bright stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Top Bright. 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 Top Bright stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Top Bright Holding 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 Top Bright Holding 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 Top Bright Holding, 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 Top Bright Holding?
The danger of trading Top Bright Holding 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 Top Bright 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 Top Bright. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Top Bright Holding 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 Top Bright Holding. 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Top Stock analysis
When running Top Bright's price analysis, check to measure Top Bright'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 Top Bright is operating at the current time. Most of Top Bright's value examination focuses on studying past and present price action to predict the probability of Top Bright's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Top Bright's price. Additionally, you may evaluate how the addition of Top Bright to your portfolios can decrease your overall portfolio volatility.
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