Smartkem and AUO to develop rollable microLED displays By Investing.com - Investing.com Nigeria
| 2409 Stock | TWD 15.60 0.05 0.32% |
Slightly above 55% of AU Optronics' investor base is interested to short. The analysis of current outlook of investing in AU Optronics suggests that many traders are impartial regarding AU Optronics' prospects. AU Optronics' investing sentiment can be driven by a variety of factors including economic data, AU Optronics' earnings reports, geopolitical events, and overall market trends.
AU Optronics stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of 2409 daily returns and investor perception about the current price of AU Optronics as well as its diversification or hedging effects on your existing portfolios.
2409 |
Smartkem and AUO to develop rollable microLED displays By Investing.com Investing.com Nigeria
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AU Optronics Fundamental Analysis
We analyze AU Optronics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AU Optronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AU Optronics 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
AU Optronics is rated below average 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.
AU Optronics 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 AU Optronics stock to make a market-neutral strategy. Peer analysis of AU Optronics could also be used in its relative valuation, which is a method of valuing AU Optronics by comparing valuation metrics with similar companies.
Peers
AU Optronics Related Equities
| 9921 | Giant Manufacturing | 3.08 | ||||
| 2409 | AU Optronics | 0.32 | ||||
| 3034 | Novatek Microelectronics | 0.21 | ||||
| 9908 | Great Taipei | 0.17 | ||||
| 2882A | Cathay Financial | 0.33 | ||||
| 9945 | Ruentex Development | 0.43 | ||||
| 3481 | Innolux Corp | 0.96 | ||||
| 3058 | Leader Electronics | 1.20 | ||||
| 5245 | WiseChip Semiconductor | 2.01 | ||||
| 6697 | Information Technology | 2.85 |
Additional Tools for 2409 Stock Analysis
When running AU Optronics' price analysis, check to measure AU Optronics' 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 AU Optronics is operating at the current time. Most of AU Optronics' value examination focuses on studying past and present price action to predict the probability of AU Optronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AU Optronics' price. Additionally, you may evaluate how the addition of AU Optronics to your portfolios can decrease your overall portfolio volatility.