Dennis Chang - Brighton Best Deputy General Manager, Director
| 8415 Stock | TWD 34.20 1.20 3.64% |
Director
Dennis Chang was serving as Deputy General Manager and Director in BrightonBest International Inc. since December 3, 2014. Chang is also Deputy General Manager in TA CHEN STAINLESS PIPE CO., LTD., as well as Director in a Shijiazhuangbased company. since 2014.
| Tenure | 10 years |
| Phone | 886 6 270 1756 |
| Web | https://www.brighton-best.com.tw |
Brighton Best Management Efficiency
The company has return on total asset (ROA) of 0.0915 % which means that it generated a profit of $0.0915 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2328 %, meaning that it generated $0.2328 on every $100 dollars invested by stockholders. Brighton Best's management efficiency ratios could be used to measure how well Brighton Best manages its routine affairs as well as how well it operates its assets and liabilities.Management Performance
| Return On Equity | 0.23 | |||
| Return On Asset | 0.0915 |
Brighton Best Intern Leadership Team
Elected by the shareholders, the Brighton Best's board of directors comprises two types of representatives: Brighton Best inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Brighton. The board's role is to monitor Brighton Best's management team and ensure that shareholders' interests are well served. Brighton Best'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, Brighton Best's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Dennis Chang, Deputy General Manager, Director | ||
| RungKun Shieh, Representative Pres | ||
| ChienTe Li, F Mang | ||
| TiJin Chang, VP Director |
Brighton 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 Brighton Best 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 | 0.23 | |||
| Return On Asset | 0.0915 | |||
| Profit Margin | 0.19 % | |||
| Operating Margin | 0.22 % | |||
| Current Valuation | 52.1 B | |||
| Shares Outstanding | 1.03 B | |||
| Shares Owned By Insiders | 64.00 % | |||
| Shares Owned By Institutions | 6.38 % | |||
| Price To Earning | 23.91 X | |||
| Price To Book | 1.76 X |
Pair Trading with Brighton Best
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 Brighton Best 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 Brighton Best will appreciate offsetting losses from the drop in the long position's value.Moving against Brighton Stock
| 0.45 | 3711 | ASE Industrial Holding | PairCorr |
| 0.41 | 2454 | MediaTek | PairCorr |
| 0.38 | 2049 | Hiwin Technologies Corp | PairCorr |
| 0.38 | 2330 | Taiwan Semiconductor | PairCorr |
| 0.36 | 4540 | TBI Motion Technology | PairCorr |
The ability to find closely correlated positions to Brighton Best could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brighton Best 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 Brighton Best - 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 Brighton Best International Taiwan to buy it.
The correlation of Brighton Best 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 Brighton Best moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brighton Best Intern 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 Brighton Best 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 Brighton Stock Analysis
When running Brighton Best's price analysis, check to measure Brighton Best'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 Brighton Best is operating at the current time. Most of Brighton Best's value examination focuses on studying past and present price action to predict the probability of Brighton Best's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brighton Best's price. Additionally, you may evaluate how the addition of Brighton Best to your portfolios can decrease your overall portfolio volatility.