CHENG LOONG (Taiwan) Today

Equity ratings for CHENG LOONG are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of July 2022 and ending today, the 9th of August 2022. Click here to learn more.
CHENG LOONG cannot be verified against its exchange. It appears CHENG LOONG 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.

CHENG LOONG 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. CHENG LOONG's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CHENG LOONG or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CHENG LOONG is not yet fully synchronised with the market data
CHENG LOONG has some characteristics of a very speculative penny stock
CHENG LOONG has high likelihood to experience some financial distress in the next 2 years
CHENG LOONG has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
About 31.0% of the company shares are owned by insiders or employees
Chairman of the BoardShuyun Zheng
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 CHENG LOONG's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
CHENG LOONG (1904) is traded on Taiwan Stock Exchange in Taiwan and employs 9 people. The company currently falls under 'Large-Cap' category with current market capitalization of 19.28 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CHENG LOONG's market, we take the total number of its shares issued and multiply it by CHENG LOONG'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 these looking for more risk prefer small-cap and mid-cap equities. CHENG LOONG operates under Basic Materials sector and is part of Paper & Paper Products industry. The entity has 1.11 B outstanding shares. CHENG LOONG has accumulated about 5.27 B in cash with 4.11 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.76.
Check CHENG LOONG Probability Of Bankruptcy

CHENG Stock Against Markets

Picking the right benchmark for CHENG LOONG 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 CHENG LOONG 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 CHENG LOONG is critical whether you are bullish or bearish towards CHENG LOONG at a given time.
CHENG LOONG cannot be verified against its exchange. It appears CHENG LOONG 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.

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CHENG LOONG 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 CHENG LOONG stock to make a market-neutral strategy. Peer analysis of CHENG LOONG could also be used in its relative valuation, which is a method of valuing CHENG LOONG by comparing valuation metrics with similar companies.
E SUN FINANCIALFIRST FINANCIAL HOLDINGTAIWAN BUSINESS BANKIBF FINANCIAL HOLDINGSAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpKEURIG DR PEPPERGX Nasdaq-100 CoveredFranklin Mutual EuropeanGARDNER DENVER INCUSA Value FactorBetapro Canadian GoldAramark Holdings CorpLong-Term Govt Bond
 Risk & Return  Correlation

CHENG LOONG Corporate Directors

CHENG LOONG corporate directors refer to members of a CHENG LOONG board of directors. The board of directors generally takes responsibility for the CHENG LOONG'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 CHENG LOONG's board members must vote for the resolution. The CHENG LOONG board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Donghe Cai - General Manager, DirectorProfile
Wenming Zheng - DirectorProfile
Qinghui You - Deputy General Manager, Head-Management, DirectorProfile
Qingbiao Zhang - Deputy General Manager, DirectorProfile

Invested in CHENG LOONG?

You need to understand the risk of investing before taking a position in CHENG LOONG. The danger of trading CHENG LOONG 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 CHENG LOONG 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 CHENG LOONG. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CHENG LOONG 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. Note that the CHENG LOONG information on this page should be used as a complementary analysis to other CHENG LOONG's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Other Tools for CHENG Stock

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