Tah Tong Return On Asset vs. Price To Earning
| 1441 Stock | TWD 14.00 0.10 0.71% |
For Tah Tong profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tah Tong to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tah Tong Textile utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tah Tong's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tah Tong Textile over time as well as its relative position and ranking within its peers.
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Tah Tong Textile Price To Earning vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tah Tong's current stock value. Our valuation model uses many indicators to compare Tah Tong value to that of its competitors to determine the firm's financial worth. Tah Tong Textile is number one stock in return on asset category among its peers. It also is number one stock in price to earning category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tah Tong's earnings, one of the primary drivers of an investment's value.Tah Price To Earning vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Tah Tong |
| = | -0.0493 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Tah Tong |
| = | 1.27 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Tah Price To Earning Comparison
Tah Tong is currently under evaluation in price to earning category among its peers.
Tah Tong Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tah Tong, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tah Tong will eventually generate negative long term returns. The profitability progress is the general direction of Tah Tong's change in net profit over the period of time. It can combine multiple indicators of Tah Tong, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Tah Tong Textile Co., Ltd. engages in the design, research, development, and trading of functional micro-fiber yarns and fabrics in Taiwan. The company was founded in 1958 and is headquartered in Taipei City, Taiwan. TAH TONG operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.
Tah Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tah Tong. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Tah Tong position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Tah Tong's important profitability drivers and their relationship over time.
Use Tah Tong in pair-trading
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 Tah Tong 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 Tah Tong will appreciate offsetting losses from the drop in the long position's value.Tah Tong Pair Trading
Tah Tong Textile Pair Trading Analysis
The ability to find closely correlated positions to Tah Tong could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tah Tong 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 Tah Tong - 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 Tah Tong Textile to buy it.
The correlation of Tah Tong 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 Tah Tong moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tah Tong Textile 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 Tah Tong 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.Use Investing Themes to Complement your Tah Tong position
In addition to having Tah Tong in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Millennials Best Thematic Idea Now
Millennials Best
Companies or funds that provide products or services that appeal to the generation of millennials and that are expected to experience growth in the next 5 years. The millennial generation usually refers to the demographic population that were born between 1980 to 2000. The Millennials Best theme has 77 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Millennials Best Theme or any other thematic opportunities.
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Additional Tools for Tah Stock Analysis
When running Tah Tong's price analysis, check to measure Tah Tong'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 Tah Tong is operating at the current time. Most of Tah Tong's value examination focuses on studying past and present price action to predict the probability of Tah Tong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tah Tong's price. Additionally, you may evaluate how the addition of Tah Tong to your portfolios can decrease your overall portfolio volatility.