MingHung Chang - Tradetool Auto GM Superviser

All Insiders . Taiwan . 
Stock . Tradetool Auto Co . Stakeholders . Insider . MingHung Chang
3685 Stock  TWD 16.40  0.30  1.80%   

Insider

MingHung Chang is GM Superviser of Tradetool Auto Co
Phone886 4 2258 5821
Webhttps://www.tradetools.com.tw

Tradetool Auto Management Efficiency

Tradetool Auto's management efficiency ratios could be used to measure how well Tradetool Auto manages its routine affairs as well as how well it operates its assets and liabilities.
Tradetool Auto Co has accumulated 279.63 M in total debt with debt to equity ratio (D/E) of 33.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Tradetool Auto has a current ratio of 2.25, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Tradetool Auto until it has trouble settling it off, either with new capital or with free cash flow. So, Tradetool Auto's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tradetool Auto sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tradetool to invest in growth at high rates of return. When we think about Tradetool Auto's use of debt, we should always consider it together with cash and equity.

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JunXia JiangTrade Van Information Services
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WeiYang PengTrade Van Information Services
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Tradetool Auto Co., Ltd. develops, manufactures, and sells light guide plate products for TFT-LCD panels in Taiwan, China, Japan, and Korea. Tradetool Auto Co., Ltd. was founded in 1980 and is headquartered in Taichung City, Taiwan. TRADETOOL AUTO is traded on Taiwan OTC Exchange in Taiwan. Tradetool Auto Co (3685) is traded on Taiwan OTC Exchange in Taiwan and employs 19 people.

Management Performance

Return On Equity-0.0012
Return On Asset-0.0044

Tradetool Auto Leadership Team

Elected by the shareholders, the Tradetool Auto's board of directors comprises two types of representatives: Tradetool Auto inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tradetool. The board's role is to monitor Tradetool Auto's management team and ensure that shareholders' interests are well served. Tradetool Auto's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tradetool Auto's outside directors are responsible for providing unbiased perspectives on the board's policies.
Zhang Rong, Head VP
MingHung Chang, GM Superviser

Tradetool Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Tradetool Auto a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity-0.0012
Return On Asset-0.0044
Profit Margin(0) %
Operating Margin(0.01) %
Current Valuation2.1 B
Shares Outstanding79.57 M
Shares Owned By Insiders60.33 %
Price To Earning29.49 X
Price To Book1.76 X
Price To Sales1.01 X

Pair Trading with Tradetool Auto

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 Tradetool Auto 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 Tradetool Auto will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tradetool Stock

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Moving against Tradetool Stock

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The ability to find closely correlated positions to Tradetool Auto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tradetool Auto 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 Tradetool Auto - 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 Tradetool Auto Co to buy it.
The correlation of Tradetool Auto 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 Tradetool Auto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tradetool Auto 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 Tradetool Auto 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.
Pair CorrelationCorrelation Matching

Additional Tools for Tradetool Stock Analysis

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