Everlight Electronics Shares Owned By Insiders vs. Shares Outstanding
| 2393 Stock | TWD 81.50 0.50 0.62% |
For Everlight Electronics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Everlight Electronics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Everlight Electronics Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Everlight Electronics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Everlight Electronics Co over time as well as its relative position and ranking within its peers.
Everlight |
Everlight Electronics Shares Outstanding vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Everlight Electronics's current stock value. Our valuation model uses many indicators to compare Everlight Electronics value to that of its competitors to determine the firm's financial worth. Everlight Electronics Co is rated second in shares owned by insiders category among its peers. It is rated fifth in shares outstanding category among its peers creating about 22,878,895 of Shares Outstanding per Shares Owned By Insiders. 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 Everlight Electronics' earnings, one of the primary drivers of an investment's value.Everlight Shares Outstanding vs. Shares Owned By Insiders
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Everlight Electronics |
| = | 19.38 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Everlight Electronics |
| = | 443.39 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Everlight Shares Outstanding Comparison
Everlight Electronics is currently under evaluation in shares outstanding category among its peers.
Everlight Electronics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Everlight Electronics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Everlight Electronics will eventually generate negative long term returns. The profitability progress is the general direction of Everlight Electronics' change in net profit over the period of time. It can combine multiple indicators of Everlight Electronics, 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.
Everlight Electronics Co., Ltd. provides LEDs, lamps, lighting components, LED lighting modules, opto-couplers, and infrared components for various applications worldwide. Everlight Electronics Co., Ltd. was founded in 1983 and is headquartered in New Taipei City, Taiwan. EVERLIGHT ELECTRONICS operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.
Everlight Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Everlight Electronics. 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 Everlight Electronics 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 Everlight Electronics' important profitability drivers and their relationship over time.
Use Everlight Electronics 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 Everlight Electronics 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 Everlight Electronics will appreciate offsetting losses from the drop in the long position's value.Everlight Electronics Pair Trading
Everlight Electronics Co Pair Trading Analysis
The ability to find closely correlated positions to Everlight Electronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Everlight Electronics 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 Everlight Electronics - 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 Everlight Electronics Co to buy it.
The correlation of Everlight Electronics 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 Everlight Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Everlight Electronics 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 Everlight Electronics 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 Everlight Electronics position
In addition to having Everlight Electronics 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?
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Shipping Containers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipping Containers theme has 16 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 Shipping Containers Theme or any other thematic opportunities.
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Additional Tools for Everlight Stock Analysis
When running Everlight Electronics' price analysis, check to measure Everlight Electronics' 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 Everlight Electronics is operating at the current time. Most of Everlight Electronics' value examination focuses on studying past and present price action to predict the probability of Everlight Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Everlight Electronics' price. Additionally, you may evaluate how the addition of Everlight Electronics to your portfolios can decrease your overall portfolio volatility.