GCS Holdings Correlations
| 4991 Stock | TWD 93.00 4.90 5.01% |
The current 90-days correlation between GCS Holdings and Insyde Software is 0.08 (i.e., Significant diversification). The correlation of GCS Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
GCS Holdings Correlation With Market
Modest diversification
The correlation between GCS Holdings and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding GCS Holdings and DJI in the same portfolio, assuming nothing else is changed.
GCS |
The ability to find closely correlated positions to GCS Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GCS Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GCS Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GCS Holdings to buy it.
Moving together with GCS Stock
| 0.86 | 3570 | Otsuka Information | PairCorr |
| 0.69 | 5211 | Penpower Technology | PairCorr |
| 0.62 | 1591 | Inmax Holding | PairCorr |
| 0.85 | 2345 | Accton Technology Corp | PairCorr |
| 0.62 | 0057 | Fubon MSCI Taiwan | PairCorr |
| 0.67 | 0050 | YuantaP shares Taiwan | PairCorr |
Moving against GCS Stock
| 0.87 | 3206 | Kingstate Electronics | PairCorr |
| 0.85 | 4108 | Phytohealth Corp | PairCorr |
| 0.76 | 4702 | Allied Industrial | PairCorr |
| 0.67 | 5263 | Brogent Technologies | PairCorr |
| 0.64 | 3556 | eGalaxeMPIA Technology | PairCorr |
| 0.57 | 6231 | Insyde Software | PairCorr |
| 0.56 | 0051 | YuantaP shares Taiwan | PairCorr |
| 0.47 | 5215 | Ko Ja Cayman | PairCorr |
| 0.4 | 8086 | Advanced Wireless | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between GCS Stock performing well and GCS Holdings Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze GCS Holdings' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 6231 | 2.11 | (0.20) | 0.00 | (1.03) | 0.00 | 5.32 | 13.94 | |||
| 3570 | 1.58 | 0.27 | 0.10 | 1.04 | 1.58 | 4.75 | 14.00 | |||
| 6590 | 1.06 | 0.11 | 0.01 | (1.82) | 1.31 | 3.24 | 9.40 | |||
| 9945 | 0.94 | (0.04) | 0.00 | (0.28) | 0.00 | 1.56 | 7.35 | |||
| 6438 | 2.74 | 0.67 | 0.21 | 3.22 | 2.11 | 9.79 | 17.42 | |||
| 5245 | 1.47 | (0.09) | 0.00 | 0.76 | 0.00 | 2.89 | 14.50 | |||
| 3034 | 1.02 | (0.15) | 0.00 | (0.74) | 0.00 | 1.91 | 6.30 | |||
| 3058 | 1.36 | (0.19) | 0.00 | 2.71 | 0.00 | 2.79 | 8.09 | |||
| 3152 | 2.04 | 0.26 | 0.05 | (0.32) | 1.86 | 4.76 | 12.61 | |||
| 6697 | 1.35 | 0.13 | 0.04 | 0.46 | 1.60 | 3.46 | 15.29 |
Be your own money manager
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GCS Holdings Corporate Management
Elected by the shareholders, the GCS Holdings' board of directors comprises two types of representatives: GCS Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GCS. The board's role is to monitor GCS Holdings' management team and ensure that shareholders' interests are well served. GCS Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, GCS Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Xing Wang | VP Units | Profile | |
| You Yu | Gen VP | Profile | |
| Wen Huang | Head Department | Profile | |
| Mark Raggio | Deputy General Manager-Finance and Accounting | Profile | |
| Frank Monzon | Deputy General Manager-Operation | Profile |