Golden Long Teng Stock Return On Equity
| 3188 Stock | TWD 27.90 0.50 1.82% |
Golden Long Teng fundamentals help investors to digest information that contributes to Golden Long's financial success or failures. It also enables traders to predict the movement of Golden Stock. The fundamental analysis module provides a way to measure Golden Long's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Golden Long stock.
Golden |
Golden Long Teng Company Return On Equity Analysis
Golden Long's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Golden Long Return On Equity | -0.0016 |
Most of Golden Long's fundamental indicators, such as Return On Equity, 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, Golden Long Teng is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Golden Long Teng has a Return On Equity of -0.0016. This is 99.88% lower than that of the Real Estate sector and significantly lower than that of the Real Estate—Development industry. The return on equity for all Taiwan stocks is 99.48% lower than that of the firm.
Golden Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Golden Long's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Golden Long could also be used in its relative valuation, which is a method of valuing Golden Long by comparing valuation metrics of similar companies.Golden Long is currently under evaluation in return on equity category among its peers.
Golden Fundamentals
| Return On Equity | -0.0016 | |||
| Return On Asset | 3.0E-4 | |||
| Profit Margin | (0.02) % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 5.68 B | |||
| Shares Outstanding | 186.31 M | |||
| Shares Owned By Insiders | 60.17 % | |||
| Price To Earning | 46.46 X | |||
| Price To Book | 1.09 X | |||
| Price To Sales | 11.40 X | |||
| Revenue | 1.49 B | |||
| Gross Profit | 405.97 M | |||
| EBITDA | 273.45 M | |||
| Net Income | 214.5 M | |||
| Cash And Equivalents | 139.71 M | |||
| Cash Per Share | 1.11 X | |||
| Debt To Equity | 2.50 % | |||
| Current Ratio | 1.43 X | |||
| Book Value Per Share | 12.03 X | |||
| Cash Flow From Operations | 423.33 M | |||
| Earnings Per Share | 0.24 X | |||
| Number Of Employees | 13 | |||
| Beta | 0.44 | |||
| Market Capitalization | 2.4 B | |||
| Total Asset | 4.98 B | |||
| Annual Yield | 0.04 % | |||
| Net Asset | 4.98 B | |||
| Last Dividend Paid | 0.48 |
About Golden Long Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Golden Long Teng's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Golden Long using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Golden Long Teng based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Golden Long
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 Long 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 Long will appreciate offsetting losses from the drop in the long position's value.Moving together with Golden Stock
Moving against Golden Stock
| 0.84 | 2882B | Cathay Financial Holding | PairCorr |
| 0.8 | 2881A | Fubon Financial Holding | PairCorr |
| 0.78 | 0050 | YuantaP shares Taiwan | PairCorr |
| 0.75 | 2881B | Fubon Financial Holding | PairCorr |
| 0.74 | 2891B | CTBC Financial Holding | PairCorr |
The ability to find closely correlated positions to Golden Long 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 Long 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 Long - 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 Long Teng to buy it.
The correlation of Golden Long 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 Long moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Long Teng 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 Long 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 Long's price analysis, check to measure Golden Long'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 Golden Long is operating at the current time. Most of Golden Long's value examination focuses on studying past and present price action to predict the probability of Golden Long's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Long's price. Additionally, you may evaluate how the addition of Golden Long to your portfolios can decrease your overall portfolio volatility.