Singtex Industrial Co Stock Shares Outstanding

4433 Stock  TWD 27.60  0.10  0.36%   
Singtex Industrial Co fundamentals help investors to digest information that contributes to Singtex Industrial's financial success or failures. It also enables traders to predict the movement of Singtex Stock. The fundamental analysis module provides a way to measure Singtex Industrial'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 Singtex Industrial stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Singtex Industrial Co Company Shares Outstanding Analysis

Singtex Industrial's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

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Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current Singtex Industrial Shares Outstanding

    
  60.29 M  
Most of Singtex Industrial's fundamental indicators, such as Shares Outstanding, 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, Singtex Industrial Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Based on the latest financial disclosure, Singtex Industrial Co has 60.29 M of shares currently outstending. This is 67.07% lower than that of the Consumer Cyclical sector and 228.03% higher than that of the Textile Manufacturing industry. The shares outstanding for all Taiwan stocks is 89.46% higher than that of the company.

Singtex Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Singtex Industrial's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Singtex Industrial could also be used in its relative valuation, which is a method of valuing Singtex Industrial by comparing valuation metrics of similar companies.
Singtex Industrial is currently under evaluation in shares outstanding category among its peers.

Singtex Fundamentals

About Singtex Industrial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Singtex Industrial Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Singtex Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Singtex Industrial Co 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 Singtex Industrial

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 Singtex Industrial 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 Singtex Industrial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Singtex Stock

  0.721402 Far Eastern NewPairCorr

Moving against Singtex Stock

  0.481342 Cathay ConsolidatedPairCorr
The ability to find closely correlated positions to Singtex Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Singtex Industrial 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 Singtex Industrial - 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 Singtex Industrial Co to buy it.
The correlation of Singtex Industrial 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 Singtex Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Singtex Industrial 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 Singtex Industrial 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 Singtex Stock Analysis

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