XAC Automation Ownership
| 5490 Stock | TWD 25.30 0.10 0.40% |
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.
XAC |
XAC Stock Ownership Analysis
About 25.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.5. In the past many companies with similar price-to-book ratios have beat the market. XAC Automation last dividend was issued on the 4th of July 2022. XAC Automation Corporation engages in the research and development, manufacture, and sale of commerce specific solutions to the payment industry worldwide. XAC Automation Corporation was founded in 1993 and is headquartered in Hsinchu, Taiwan. XAC AUTOMATION operates under Business Equipment classification in Taiwan and is traded on Taiwan OTC Exchange. For more info on XAC Automation please contact the company at 886 3 577 2738 or go to https://www.xac.com.tw.XAC Automation Outstanding Bonds
XAC Automation 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. XAC Automation 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 XAC bonds can be classified according to their maturity, which is the date when XAC Automation 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.
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Pair Trading with XAC Automation
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 XAC Automation 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 XAC Automation will appreciate offsetting losses from the drop in the long position's value.Moving against XAC Stock
| 0.51 | 3034 | Novatek Microelectronics | PairCorr |
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| 0.41 | 2327 | Yageo Corp | PairCorr |
| 0.34 | 5274 | Aspeed Technology | PairCorr |
The ability to find closely correlated positions to XAC Automation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace XAC Automation 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 XAC Automation - 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 XAC Automation to buy it.
The correlation of XAC Automation 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 XAC Automation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if XAC Automation 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 XAC Automation 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 XAC Stock Analysis
When running XAC Automation's price analysis, check to measure XAC Automation'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 XAC Automation is operating at the current time. Most of XAC Automation's value examination focuses on studying past and present price action to predict the probability of XAC Automation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XAC Automation's price. Additionally, you may evaluate how the addition of XAC Automation to your portfolios can decrease your overall portfolio volatility.