Taitron Stock Today

TAIT
 Stock
  

USD 3.75  0.02  0.53%   

Market Performance
0 of 100
Odds Of Distress
Less than 1
Taitron Components is selling for under 3.75 as of the 27th of November 2022; that is -0.53 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 3.66. Taitron Components has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Taitron Components are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of December 2020 and ending today, the 27th of November 2022. Click here to learn more.
CUSIP
874028103
Fiscal Year End
December
Business Domain
Technology Hardware & Equipment
IPO Date
19th of May 1995
Category
Technology
Classification
Information Technology
Taitron Components Incorporated engages in the supply of original designed and manufactured electronic components, and distribution of brand name electronic components. The company was incorporated in 1989 and is headquartered in Valencia, California. The company has 5.1 M outstanding shares of which 2.85 K shares are at this time shorted by private and institutional investors with about 0.34 trading days to cover. More on Taitron Components
Follow Valuation Odds of Bankruptcy
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Taitron Components 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. Taitron Components' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Taitron Components or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Taitron Components generated a negative expected return over the last 90 days
Taitron Components is unlikely to experience financial distress in the next 2 years
About 39.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: Taitron Components Third Quarter 2022 Earnings EPS US0.081 - Simply Wall St
CEOStewart Wang
Thematic IdeaComputers (view all)
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 Taitron Components' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldOvervalued
Taitron Components (TAIT) is traded on NASDAQ Exchange in USA and employs 14 people. The company currently falls under 'Micro-Cap' category with current market capitalization of 21.97 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Taitron Components's market, we take the total number of its shares issued and multiply it by Taitron Components'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. Taitron Components conducts business under Technology sector and is part of Electronics & Computer Distribution industry. The entity has 5.1 M outstanding shares of which 2.85 K shares are at this time shorted by private and institutional investors with about 0.34 trading days to cover. Taitron Components currently holds about 5.92 M in cash with 737 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.99.
Check Taitron Components Probability Of Bankruptcy
Ownership
The market capitalization of Taitron Components is $21.97 Million. Taitron Components maintains 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 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. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run.

Ownership Allocation (%)

Check Taitron Ownership Details

Taitron Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Taitron Components jumping above the current price in 90 days from now is more than 94.0%. The Taitron Components probability density function shows the probability of Taitron Components stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Taitron Components has a beta of 0.0645. This usually implies as returns on the market go up, Taitron Components average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Taitron Components will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Taitron Components is significantly underperforming DOW.
  Odds Below 3.75HorizonTargetOdds Above 3.75
6.28%90 days
 3.75 
93.56%
Based on a normal probability distribution, the odds of Taitron Components to move above the current price in 90 days from now is more than 94.0 (This Taitron Components probability density function shows the probability of Taitron Stock to fall within a particular range of prices over 90 days) .

Taitron Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Taitron Components that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Taitron Components' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Taitron Components' value.
InstituionSecurity TypeTotal SharesValue
Wells Fargo CompanyCommon Shares21.00.0
Wells Fargo CompanyCommon Shares19.00.0
View Taitron Components Diagnostics

Taitron Components Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Taitron Components market risk premium is the additional return an investor will receive from holding Taitron Components 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 Taitron Components. 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 Taitron Components' alpha and beta are two of the key measurements used to evaluate Taitron Components' performance over the market, the standard measures of volatility play an important role as well.

Taitron Stock Against Markets

Picking the right benchmark for Taitron Components 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 Taitron Components 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 Taitron Components is critical whether you are bullish or bearish towards Taitron Components at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Taitron Components 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.

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Taitron Components Corporate Executives

Elected by the shareholders, the Taitron Components' board of directors comprises two types of representatives: Taitron Components inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Taitron. The board's role is to monitor Taitron Components' management team and ensure that shareholders' interests are well served. Taitron Components' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Taitron Components' outside directors are responsible for providing unbiased perspectives on the board's policies.
David Vanderhorst - CFO and Corporate SecretaryProfile

Invested in Taitron Components?

The danger of trading Taitron Components 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 Taitron Components 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 Taitron Components. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Taitron Components 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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Is Taitron Components' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Taitron Components. If investors know Taitron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Taitron Components listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.27) 
Market Capitalization
22.5 M
Quarterly Revenue Growth YOY
(0.07) 
Return On Assets
0.0958
Return On Equity
0.23
The market value of Taitron Components is measured differently than its book value, which is the value of Taitron that is recorded on the company's balance sheet. Investors also form their own opinion of Taitron Components' value that differs from its market value or its book value, called intrinsic value, which is Taitron Components' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Taitron Components' market value can be influenced by many factors that don't directly affect Taitron Components' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Taitron Components' value and its price as these two are different measures arrived at by different means. Investors typically determine Taitron Components value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taitron Components' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.