Cheng Shin (Taiwan) Analysis
| 2105 Stock | TWD 49.35 0.10 0.20% |
Cheng Shin Rubber is fairly valued with Real Value of 51.15 and Hype Value of 49.45. The main objective of Cheng Shin stock analysis is to determine its intrinsic value, which is an estimate of what Cheng Shin Rubber is worth, separate from its market price. There are two main types of Cheng Shin's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Cheng Shin's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Cheng Shin's stock to identify patterns and trends that may indicate its future price movements.
The Cheng Shin stock is traded in Taiwan on Taiwan Stock Exchange, with the market opening at 09:00:00 and closing at 13:30:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Taiwan. Cheng Stock trading window is adjusted to Asia/Shanghai timezone.
Cheng |
Cheng Stock Analysis Notes
About 49.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.34. In the past many companies with similar price-to-book ratios have beat the market. Cheng Shin Rubber last dividend was issued on the 25th of July 2022. The entity had 1:1 split on the 2nd of August 2013. Co., Ltd., together with subsidiaries, processes, manufactures, and trades in bicycle tires, electrical vehicle tires, reclaimed rubbers, various rubbers and resins, and other rubber products. Co., Ltd. was founded in 1967 and is headquartered in Changhua, Taiwan. CHENG SHIN operates under Rubber Plastics classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 30909 people. For more info on Cheng Shin Rubber please contact the company at 886 4 852 5151 or go to https://www.cst.com.tw.Cheng Shin Rubber Investment Alerts
| Cheng Shin Rubber has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 49.0% of the company shares are owned by insiders or employees |
Cheng Market Capitalization
The company currently falls under 'Mega-Cap' category with a current market capitalization of 110.86 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cheng Shin's market, we take the total number of its shares issued and multiply it by Cheng Shin'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.Cheng Profitablity
Cheng Shin's profitability indicators refer to fundamental financial ratios that showcase Cheng Shin's ability to generate income relative to its revenue or operating costs. If, let's say, Cheng Shin is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Cheng Shin's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Cheng Shin's profitability requires more research than a typical breakdown of Cheng Shin's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.05 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.07 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.07. Technical Drivers
As of the 1st of July, Cheng Shin shows the risk adjusted performance of 0.0259, and Mean Deviation of 1.5. Cheng Shin Rubber technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Cheng Shin Rubber semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if Cheng Shin Rubber is priced correctly, providing market reflects its regular price of 49.35 per share.Cheng Shin Rubber Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Cheng Shin middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Cheng Shin Rubber. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Cheng Shin Outstanding Bonds
Cheng Shin issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Cheng Shin Rubber uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Cheng bonds can be classified according to their maturity, which is the date when Cheng Shin Rubber has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| Amazon 28 percent Corp BondUS023135AZ90 | View | |
| CVS Health Corp Corp BondUS126650DE72 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Cheng Shin Predictive Daily Indicators
Cheng Shin intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Cheng Shin stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 48261.61 | |||
| Daily Balance Of Power | (0.18) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 49.53 | |||
| Day Typical Price | 49.47 | |||
| Price Action Indicator | (0.22) | |||
| Period Momentum Indicator | (0.10) | |||
| Relative Strength Index | 45.16 |
Cheng Shin Forecast Models
Cheng Shin's time-series forecasting models are one of many Cheng Shin's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cheng Shin's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Cheng Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Cheng Shin prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cheng shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Cheng Shin. By using and applying Cheng Stock analysis, traders can create a robust methodology for identifying Cheng entry and exit points for their positions.
Co., Ltd., together with subsidiaries, processes, manufactures, and trades in bicycle tires, electrical vehicle tires, reclaimed rubbers, various rubbers and resins, and other rubber products. Co., Ltd. was founded in 1967 and is headquartered in Changhua, Taiwan. CHENG SHIN operates under Rubber Plastics classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 30909 people.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Cheng Shin to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Investing Opportunities Now
Investing OpportunitiesBuild portfolios using our predefined set of ideas and optimize them against your investing preferences |
| All Next | Launch Module |
Additional Tools for Cheng Stock Analysis
When running Cheng Shin's price analysis, check to measure Cheng Shin'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 Cheng Shin is operating at the current time. Most of Cheng Shin's value examination focuses on studying past and present price action to predict the probability of Cheng Shin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheng Shin's price. Additionally, you may evaluate how the addition of Cheng Shin to your portfolios can decrease your overall portfolio volatility.