Sung Gang Ownership
| 6240 Stock | TWD 20.85 0.25 1.21% |
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.
Sung |
Sung Stock Ownership Analysis
About 80.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.1. In the past many companies with similar price-to-book ratios have beat the market. Sung Gang Asset last dividend was issued on the 28th of July 2003. The entity had 0:1 split on the 25th of September 2014. Sung Gang Asset Management Corp.Limited primarily provides various IT books in Taiwan. The company was founded in 1997 and is headquartered in Taipei City, Taiwan. SUNG GANG operates under Publishing classification in Taiwan and is traded on Taiwan OTC Exchange. For more info on Sung Gang Asset please contact the company at 886 2 2383 0383 or go to https://www.kingsinfo.com.tw.Sung Gang Outstanding Bonds
Sung Gang 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. Sung Gang Asset 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 Sung bonds can be classified according to their maturity, which is the date when Sung Gang Asset 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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| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Pair Trading with Sung Gang
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 Sung Gang 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 Sung Gang will appreciate offsetting losses from the drop in the long position's value.Moving together with Sung Stock
Moving against Sung Stock
| 0.8 | 6669 | Wiwynn Corp | PairCorr |
| 0.51 | 2881B | Fubon Financial Holding | PairCorr |
| 0.36 | 8923 | China Times Publishing | PairCorr |
The ability to find closely correlated positions to Sung Gang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sung Gang 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 Sung Gang - 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 Sung Gang Asset to buy it.
The correlation of Sung Gang 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 Sung Gang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sung Gang Asset 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 Sung Gang 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 Sung Stock Analysis
When running Sung Gang's price analysis, check to measure Sung Gang'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 Sung Gang is operating at the current time. Most of Sung Gang's value examination focuses on studying past and present price action to predict the probability of Sung Gang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sung Gang's price. Additionally, you may evaluate how the addition of Sung Gang to your portfolios can decrease your overall portfolio volatility.