Shih Kuen Ownership
4305 Stock | TWD 41.90 0.50 1.18% |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Shih |
Shih Stock Ownership Analysis
About 51.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.55. In the past many companies with similar price-to-book ratios have beat the market. Shih Kuen Plastics last dividend was issued on the 26th of July 2022. Shih-Kuen Plastics Co., Ltd. produces and supplies plastic sheets. The company was founded in 1986 and is based in Tainan City, Taiwan. SHIH KUEN operates under Rubber Plastics classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 117 people. For more info on Shih Kuen Plastics please contact the company at 886 6 570 1211 or go to https://www.shihkuen.com/en.Shih Kuen Outstanding Bonds
Shih Kuen issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Shih Kuen Plastics uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Shih bonds can be classified according to their maturity, which is the date when Shih Kuen Plastics has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Pair Trading with Shih Kuen
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 Shih Kuen 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 Shih Kuen will appreciate offsetting losses from the drop in the long position's value.Moving together with Shih Stock
Moving against Shih Stock
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0.68 | 2357 | Asustek Computer | PairCorr |
0.59 | 2454 | MediaTek | PairCorr |
The ability to find closely correlated positions to Shih Kuen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shih Kuen 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 Shih Kuen - 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 Shih Kuen Plastics to buy it.
The correlation of Shih Kuen 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 Shih Kuen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shih Kuen Plastics 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 Shih Kuen 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.Additional Tools for Shih Stock Analysis
When running Shih Kuen's price analysis, check to measure Shih Kuen'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 Shih Kuen is operating at the current time. Most of Shih Kuen's value examination focuses on studying past and present price action to predict the probability of Shih Kuen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shih Kuen's price. Additionally, you may evaluate how the addition of Shih Kuen to your portfolios can decrease your overall portfolio volatility.