YingChen Lu - Golden Friends Head Accounting
| 4506 Stock | TWD 102.00 0.50 0.49% |
Insider
YingChen Lu is Head Accounting of Golden Friends
| Phone | 886 2 2551 1166 |
| Web | https://www.gfc.com.tw |
Golden Friends Management Efficiency
The company has return on total asset (ROA) of 0.0682 % which means that it generated a profit of $0.0682 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1895 %, meaning that it generated $0.1895 on every $100 dollars invested by stockholders. Golden Friends' management efficiency ratios could be used to measure how well Golden Friends manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.19 | |||
| Return On Asset | 0.0682 |
Golden Friends Leadership Team
Elected by the shareholders, the Golden Friends' board of directors comprises two types of representatives: Golden Friends inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Golden. The board's role is to monitor Golden Friends' management team and ensure that shareholders' interests are well served. Golden Friends' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Golden Friends' outside directors are responsible for providing unbiased perspectives on the board's policies.
| PenLi Yu, President | ||
| YingChen Lu, Head Accounting |
Golden 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 Golden Friends 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 | 0.19 | |||
| Return On Asset | 0.0682 | |||
| Profit Margin | 0.18 % | |||
| Operating Margin | 0.19 % | |||
| Current Valuation | 9.75 B | |||
| Shares Outstanding | 177.01 M | |||
| Shares Owned By Insiders | 70.59 % | |||
| Shares Owned By Institutions | 3.07 % | |||
| Price To Book | 2.54 X | |||
| Price To Sales | 2.60 X |
Pair Trading with Golden Friends
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 Golden Friends 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 Golden Friends will appreciate offsetting losses from the drop in the long position's value.Moving against Golden Stock
| 0.53 | 4532 | Rechi Precision | PairCorr |
| 0.4 | 2884 | ESUN Financial Holding | PairCorr |
| 0.36 | 6208 | Highlight Tech | PairCorr |
| 0.32 | 6706 | Fittech | PairCorr |
The ability to find closely correlated positions to Golden Friends could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Friends 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 Golden Friends - 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 Golden Friends to buy it.
The correlation of Golden Friends 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 Golden Friends moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Friends 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 Golden Friends 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 Golden Stock Analysis
When running Golden Friends' price analysis, check to measure Golden Friends' 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 Golden Friends is operating at the current time. Most of Golden Friends' value examination focuses on studying past and present price action to predict the probability of Golden Friends' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Friends' price. Additionally, you may evaluate how the addition of Golden Friends to your portfolios can decrease your overall portfolio volatility.