ATrack Financial Statements From 2010 to 2025
| 6465 Stock | TWD 17.50 0.45 2.51% |
Check ATrack Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ATrack Technology's main balance sheet or income statement drivers, such as , as well as many indicators such as . ATrack financial statements analysis is a perfect complement when working with ATrack Technology Valuation or Volatility modules.
ATrack |
ATrack Technology Company Current Valuation Analysis
ATrack Technology's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current ATrack Technology Current Valuation | 711.13 M |
Most of ATrack Technology's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ATrack Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, ATrack Technology has a Current Valuation of 711.13 M. This is 96.32% lower than that of the Technology sector and 90.22% lower than that of the Communication Equipment industry. The current valuation for all Taiwan stocks is 95.72% higher than that of the company.
ATrack Technology Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ATrack Technology's current stock value. Our valuation model uses many indicators to compare ATrack Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ATrack Technology competition to find correlations between indicators driving ATrack Technology's intrinsic value. More Info.ATrack Technology is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ATrack Technology's earnings, one of the primary drivers of an investment's value.About ATrack Technology Financial Statements
ATrack Technology investors use historical fundamental indicators, such as ATrack Technology's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in ATrack Technology. Please read more on our technical analysis and fundamental analysis pages.
ATrack Technology Inc. designs, develops, manufactures, and sells GPS telematics hardware in Taiwan and internationally. ATrack Technology Inc. was founded in 2010 and is headquartered in Taipei City, Taiwan. ATRACK TECHNOLOGY operates under Communication Equipment classification in Taiwan and is traded on Taiwan OTC Exchange.
Pair Trading with ATrack Technology
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ATrack Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ATrack Technology will appreciate offsetting losses from the drop in the long position's value.Moving against ATrack Stock
| 0.57 | 2330 | Taiwan Semiconductor | PairCorr |
| 0.51 | 3711 | ASE Industrial Holding | PairCorr |
| 0.48 | 2498 | HTC Corp | PairCorr |
| 0.46 | 6285 | Wistron NeWeb Corp | PairCorr |
| 0.46 | 0050 | YuantaP shares Taiwan | PairCorr |
The ability to find closely correlated positions to ATrack Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ATrack Technology 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 ATrack Technology - 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 ATrack Technology to buy it.
The correlation of ATrack Technology 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ATrack Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ATrack Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ATrack Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for ATrack Stock Analysis
When running ATrack Technology's price analysis, check to measure ATrack Technology'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 ATrack Technology is operating at the current time. Most of ATrack Technology's value examination focuses on studying past and present price action to predict the probability of ATrack Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATrack Technology's price. Additionally, you may evaluate how the addition of ATrack Technology to your portfolios can decrease your overall portfolio volatility.