Eclat Textile Co., Ltd. Stock Has Shown Weakness Lately But Financials Look Strong Should Prospective Shareholders Make The Leap - Simply Wall St
| 1419 Stock | TWD 45.00 0.20 0.44% |
Slightly above 61% of Shinkong Textile's investor base is looking to short. The analysis of current outlook of investing in Shinkong Textile Co suggests that many traders are alarmed regarding Shinkong Textile's prospects. Shinkong Textile's investing sentiment can be driven by a variety of factors including economic data, Shinkong Textile's earnings reports, geopolitical events, and overall market trends.
Shinkong Textile stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Shinkong daily returns and investor perception about the current price of Shinkong Textile Co as well as its diversification or hedging effects on your existing portfolios.
Shinkong |
Eclat Textile Co., Ltd. Stock Has Shown Weakness Lately But Financials Look Strong Should Prospective Shareholders Make The Leap Simply Wall St
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Shinkong Textile Fundamental Analysis
We analyze Shinkong Textile's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shinkong Textile using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shinkong Textile 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.
Return On Equity
Return On Equity Comparative Analysis
Shinkong Textile is currently under evaluation in return on equity category among its peers. 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.
Shinkong Textile 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 Shinkong Textile stock to make a market-neutral strategy. Peer analysis of Shinkong Textile could also be used in its relative valuation, which is a method of valuing Shinkong Textile by comparing valuation metrics with similar companies.
Peers
Shinkong Textile Related Equities
| 6209 | Kinko Optical | 5.20 | ||||
| 3058 | Leader Electronics | 3.00 | ||||
| 9910 | Feng Tay | 1.78 | ||||
| 6697 | Information Technology | 1.21 | ||||
| 3034 | Novatek Microelectronics | 0.42 | ||||
| 9908 | Great Taipei | 0.33 | ||||
| 2882A | Cathay Financial | 0.16 | ||||
| 5245 | WiseChip Semiconductor | 0.45 | ||||
| 9945 | Ruentex Development | 2.22 | ||||
| 9921 | Giant Manufacturing | 2.56 |
Additional Tools for Shinkong Stock Analysis
When running Shinkong Textile's price analysis, check to measure Shinkong Textile'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 Shinkong Textile is operating at the current time. Most of Shinkong Textile's value examination focuses on studying past and present price action to predict the probability of Shinkong Textile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinkong Textile's price. Additionally, you may evaluate how the addition of Shinkong Textile to your portfolios can decrease your overall portfolio volatility.