Song Ho Ownership
| 5016 Stock | TWD 27.35 0.20 0.73% |
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.
Song |
Song Stock Ownership Analysis
About 60.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.01. In the past many companies with similar price-to-book ratios have beat the market. Song Ho Industrial last dividend was issued on the 24th of June 2022. The entity had 1:1 split on the 26th of July 2011. Song Ho Industrial Co., Ltd. manufactures and sells various steel products in Taiwan. Song Ho Industrial Co., Ltd. was founded in 1972 and is based in Nantou City, Taiwan. SONG HO operates under Steel classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 469 people. For more info on Song Ho Industrial please contact the company at 886 4 9225 2746 or go to https://www.songho.com.Song Ho Outstanding Bonds
Song Ho 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. Song Ho Industrial 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 Song bonds can be classified according to their maturity, which is the date when Song Ho Industrial 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 Song Ho
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 Song Ho 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 Song Ho will appreciate offsetting losses from the drop in the long position's value.Moving against Song Stock
| 0.57 | 0053 | YuantaP shares Taiwan | PairCorr |
| 0.52 | 0050 | YuantaP shares Taiwan | PairCorr |
| 0.51 | 0057 | Fubon MSCI Taiwan | PairCorr |
| 0.49 | 2330 | Taiwan Semiconductor | PairCorr |
| 0.46 | 2882 | Cathay Financial Holding | PairCorr |
The ability to find closely correlated positions to Song Ho could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Song Ho 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 Song Ho - 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 Song Ho Industrial to buy it.
The correlation of Song Ho 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 Song Ho moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Song Ho Industrial 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 Song Ho 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 Song Stock Analysis
When running Song Ho's price analysis, check to measure Song Ho'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 Song Ho is operating at the current time. Most of Song Ho's value examination focuses on studying past and present price action to predict the probability of Song Ho's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Song Ho's price. Additionally, you may evaluate how the addition of Song Ho to your portfolios can decrease your overall portfolio volatility.