Edmund Chang - XAC Automation Chairman of the Board, General Manager
| 5490 Stock | TWD 25.20 0.30 1.18% |
Chairman
Mr. Edmund Chang was serving as Chairman of the Board and General Manager in XAC Automation Corporation since April 8, 1997. He holds a Master degree in Electronic Engineering from National Taiwan University of Science and Technology. He is also Director in XAC Automation Co., Ltd. and an investment company. since 1997.
| Tenure | 27 years |
| Phone | 886 3 577 2738 |
| Web | https://www.xac.com.tw |
XAC Automation Management Efficiency
The company has return on total asset (ROA) of 0.0782 % which means that it generated a profit of $0.0782 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0376) %, meaning that it generated substantial loss on money invested by shareholders. XAC Automation's management efficiency ratios could be used to measure how well XAC Automation 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 | -0.0376 | |||
| Return On Asset | 0.0782 |
XAC Automation Leadership Team
Elected by the shareholders, the XAC Automation's board of directors comprises two types of representatives: XAC Automation inside directors who are chosen from within the company, and outside directors, selected externally and held independent of XAC. The board's role is to monitor XAC Automation's management team and ensure that shareholders' interests are well served. XAC Automation'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, XAC Automation's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Y Chong, Director Representative | ||
| Edmund Chang, Chairman of the Board, General Manager |
XAC 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 XAC Automation 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 | -0.0376 | |||
| Return On Asset | 0.0782 | |||
| Profit Margin | (0.03) % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 1.22 B | |||
| Shares Outstanding | 93.16 M | |||
| Shares Owned By Insiders | 25.35 % | |||
| Shares Owned By Institutions | 0.76 % | |||
| Price To Earning | 26.23 X | |||
| Price To Book | 1.50 X |
Pair Trading with XAC Automation
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 XAC Automation 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 XAC Automation will appreciate offsetting losses from the drop in the long position's value.Moving against XAC Stock
| 0.54 | 3034 | Novatek Microelectronics | PairCorr |
| 0.48 | 4966 | Parade Technologies | PairCorr |
| 0.44 | 2327 | Yageo Corp | PairCorr |
| 0.39 | 5274 | Aspeed Technology | PairCorr |
The ability to find closely correlated positions to XAC Automation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace XAC Automation 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 XAC Automation - 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 XAC Automation to buy it.
The correlation of XAC Automation 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 XAC Automation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if XAC Automation 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 XAC Automation 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 XAC Stock Analysis
When running XAC Automation's price analysis, check to measure XAC Automation'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 XAC Automation is operating at the current time. Most of XAC Automation's value examination focuses on studying past and present price action to predict the probability of XAC Automation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XAC Automation's price. Additionally, you may evaluate how the addition of XAC Automation to your portfolios can decrease your overall portfolio volatility.