Advanced Financial Statements From 2010 to 2024
| 8086 Stock | TWD 101.00 2.60 2.64% |
Check Advanced Wireless financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Advanced Wireless' main balance sheet or income statement drivers, such as , as well as many indicators such as . Advanced financial statements analysis is a perfect complement when working with Advanced Wireless Valuation or Volatility modules.
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Advanced Wireless Semiconductor Company Current Valuation Analysis
Advanced Wireless' 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 Advanced Wireless Current Valuation | 12.63 B |
Most of Advanced Wireless' 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, Advanced Wireless Semiconductor 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, Advanced Wireless Semiconductor has a Current Valuation of 12.63 B. This is 34.6% lower than that of the Technology sector and 47.25% lower than that of the Semiconductors industry. The current valuation for all Taiwan stocks is 24.02% higher than that of the company.
Advanced Wireless Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Advanced Wireless's current stock value. Our valuation model uses many indicators to compare Advanced Wireless value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Advanced Wireless competition to find correlations between indicators driving Advanced Wireless's intrinsic value. More Info.Advanced Wireless Semiconductor 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 reporting about 0.53 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Advanced Wireless Semiconductor is roughly 1.90 . 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 Advanced Wireless' earnings, one of the primary drivers of an investment's value.About Advanced Wireless Financial Statements
Advanced Wireless investors use historical fundamental indicators, such as Advanced Wireless' 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 Advanced Wireless. Please read more on our technical analysis and fundamental analysis pages.
Advanced Wireless Semiconductor Company provides foundry services in Taiwan. Advanced Wireless Semiconductor Company was founded in 1998 and is based in Tainan City, Taiwan. ADVANCED WIRELESS operates under Semiconductors classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 662 people.
Pair Trading with Advanced Wireless
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 Advanced Wireless 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 Advanced Wireless will appreciate offsetting losses from the drop in the long position's value.Moving together with Advanced Stock
Moving against Advanced Stock
| 0.48 | 3443 | Global Unichip Corp | PairCorr |
| 0.45 | 0050 | YuantaP shares Taiwan | PairCorr |
| 0.44 | 2330 | Taiwan Semiconductor | PairCorr |
| 0.38 | 0057 | Fubon MSCI Taiwan | PairCorr |
| 0.34 | 0053 | YuantaP shares Taiwan | PairCorr |
The ability to find closely correlated positions to Advanced Wireless could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advanced Wireless 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 Advanced Wireless - 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 Advanced Wireless Semiconductor to buy it.
The correlation of Advanced Wireless 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 Advanced Wireless moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advanced Wireless 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 Advanced Wireless 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 Advanced Stock Analysis
When running Advanced Wireless' price analysis, check to measure Advanced Wireless' 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 Advanced Wireless is operating at the current time. Most of Advanced Wireless' value examination focuses on studying past and present price action to predict the probability of Advanced Wireless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Wireless' price. Additionally, you may evaluate how the addition of Advanced Wireless to your portfolios can decrease your overall portfolio volatility.