Shin Tai Industry Full Year 2023 Earnings EPS NT1.10 - Simply Wall St
| 1235 Stock | TWD 102.50 6.50 5.96% |
Slightly above 61% of Shin Tai's investor base is looking to short. The analysis of current outlook of investing in Shin Tai Industry suggests that many traders are alarmed regarding Shin Tai's prospects. Shin Tai's investing sentiment can be driven by a variety of factors including economic data, Shin Tai's earnings reports, geopolitical events, and overall market trends.
Shin Tai stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Shin daily returns and investor perception about the current price of Shin Tai Industry as well as its diversification or hedging effects on your existing portfolios.
Shin |
Shin Tai Industry Full Year 2023 Earnings EPS NT1.10 Simply Wall St
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Shin Tai Fundamental Analysis
We analyze Shin Tai's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shin Tai using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shin Tai 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.
Beta
Beta Comparative Analysis
Shin Tai is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Shin Tai Industry Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Shin Tai stock to make a market-neutral strategy. Peer analysis of Shin Tai could also be used in its relative valuation, which is a method of valuing Shin Tai by comparing valuation metrics with similar companies.
Peers
Shin Tai Related Equities
| 6209 | Kinko Optical | 5.40 | ||||
| 3152 | Advanced Ceramic | 2.58 | ||||
| 6697 | Information Technology | 0.66 | ||||
| 1210 | Great Wall | 0.58 | ||||
| 3034 | Novatek Microelectronics | 1.42 | ||||
| 9945 | Ruentex Development | 1.83 | ||||
| 5245 | WiseChip Semiconductor | 2.10 | ||||
| 3058 | Leader Electronics | 3.17 |
Additional Tools for Shin Stock Analysis
When running Shin Tai's price analysis, check to measure Shin Tai'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 Shin Tai is operating at the current time. Most of Shin Tai's value examination focuses on studying past and present price action to predict the probability of Shin Tai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shin Tai's price. Additionally, you may evaluate how the addition of Shin Tai to your portfolios can decrease your overall portfolio volatility.