Cathay Financial (Taiwan) Today

Equity ratings for Cathay Financial Holding are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of November 2022 and ending today, the 8th of December 2022. Click here to learn more.
Cathay Financial Holding cannot be verified against its exchange. It appears Cathay Financial is not available for investing at the moment. Please verify the symbol is currently traded on Taiwan 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.

Cathay Financial 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. Cathay Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cathay Financial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Cathay Financial is not yet fully synchronised with the market data
Cathay Financial has some characteristics of a very speculative penny stock
The company has accumulated 272.56 B in total debt with debt to equity ratio (D/E) of 0.59, which is about average as compared to similar companies. Cathay Financial Holding has a current ratio of 0.59, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Cathay Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Cathay Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cathay Financial Holding sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cathay to invest in growth at high rates of return. When we think about Cathay Financial's use of debt, we should always consider it together with cash and equity.
About 37.0% of Cathay Financial shares are owned by insiders or employees
Chairman of the BoardHongtu Cai
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Cathay Financial's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Cathay Financial Holding (2882) is traded on Taiwan Exchange in Taiwan and employs 57,100 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 579.44 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cathay Financial's market, we take the total number of its shares issued and multiply it by Cathay Financial'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. Cathay Financial Holding operates under Insurance sector and is part of Financials industry. The entity has 13.17 B outstanding shares of which 0 shares are presently shorted by private and institutional investors with about 0.0 days to cover all short positions. Cathay Financial Holding has accumulated about 591.17 B in cash with 72.52 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 47.06.
Check Cathay Financial Probability Of Bankruptcy

Cathay Stock Against Markets

Picking the right benchmark for Cathay Financial 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 Cathay Financial 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 Cathay Financial is critical whether you are bullish or bearish towards Cathay Financial Holding at a given time.
Cathay Financial Holding cannot be verified against its exchange. It appears Cathay Financial is not available for investing at the moment. Please verify the symbol is currently traded on Taiwan 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.

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Cathay Financial Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cathay Financial stock to make a market-neutral strategy. Peer analysis of Cathay Financial could also be used in its relative valuation, which is a method of valuing Cathay Financial by comparing valuation metrics with similar companies.
Mega Financial HoldingMercuries AssociatesYuanta Financial HoldingsSinopac FinancialTaishin Financial HoldingHua Nan FinancialAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQFRANKLIN MUTUAL EUROPEANBHP Group LimitedNatural Health TrendIShares MSCI USABetaPro Canadian Gold
 Risk & Return  Correlation

Cathay Financial Corporate Directors

Cathay Financial corporate directors refer to members of a Cathay Financial board of directors. The board of directors generally takes responsibility for the Cathay Financial'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 Cathay Financial's board members must vote for the resolution. The Cathay Financial board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Mingjian Guo - Independent DirectorProfile
Changgeng Li - General Manager, DirectorProfile
TiaoKuei Huang - DirectorProfile
ChangKen Lee - General Manager, DirectorProfile

Invested in Cathay Financial Holding?

The danger of trading Cathay Financial 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 Cathay Financial 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 Cathay Financial. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cathay Financial 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.
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Other Tools for Cathay Stock

When running Cathay Financial Holding price analysis, check to measure Cathay Financial'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 Cathay Financial is operating at the current time. Most of Cathay Financial's value examination focuses on studying past and present price action to predict the probability of Cathay Financial's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cathay Financial's price. Additionally, you may evaluate how the addition of Cathay Financial to your portfolios can decrease your overall portfolio volatility.
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