Formosa Taffeta Reports First Quarter 2024 Earnings - Simply Wall St
| 1434 Stock | TWD 19.25 0.40 2.04% |
Slightly above 62% of Formosa Taffeta's investor base is looking to short. The analysis of current outlook of investing in Formosa Taffeta Co suggests that many traders are alarmed regarding Formosa Taffeta's prospects. Formosa Taffeta's investing sentiment can be driven by a variety of factors including economic data, Formosa Taffeta's earnings reports, geopolitical events, and overall market trends.
Formosa Taffeta stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Formosa daily returns and investor perception about the current price of Formosa Taffeta Co as well as its diversification or hedging effects on your existing portfolios.
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Formosa Taffeta Reports First Quarter 2024 Earnings Simply Wall St
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Formosa Taffeta Fundamental Analysis
We analyze Formosa Taffeta's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Formosa Taffeta using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Formosa Taffeta 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.
Total Debt
Total Debt Comparative Analysis
Formosa Taffeta is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Formosa Taffeta 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 Formosa Taffeta stock to make a market-neutral strategy. Peer analysis of Formosa Taffeta could also be used in its relative valuation, which is a method of valuing Formosa Taffeta by comparing valuation metrics with similar companies.
Peers
Formosa Taffeta Related Equities
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| 9921 | Giant Manufacturing | 0.33 | ||||
| 9908 | Great Taipei | 0.33 | ||||
| 2882A | Cathay Financial | 0.33 | ||||
| 6209 | Kinko Optical | 0.59 | ||||
| 6697 | Information Technology | 1.16 | ||||
| 9910 | Feng Tay | 1.42 | ||||
| 3058 | Leader Electronics | 1.53 | ||||
| 9945 | Ruentex Development | 2.38 | ||||
| 5245 | WiseChip Semiconductor | 3.03 |
Additional Tools for Formosa Stock Analysis
When running Formosa Taffeta's price analysis, check to measure Formosa Taffeta'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 Formosa Taffeta is operating at the current time. Most of Formosa Taffeta's value examination focuses on studying past and present price action to predict the probability of Formosa Taffeta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Taffeta's price. Additionally, you may evaluate how the addition of Formosa Taffeta to your portfolios can decrease your overall portfolio volatility.