Excellence Optoelectronic Shares Owned By Institutions vs. Net Income
| 6288 Stock | TWD 27.65 0.65 2.30% |
For Excellence Optoelectronic profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Excellence Optoelectronic to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Excellence Optoelectronic utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Excellence Optoelectronic's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Excellence Optoelectronic over time as well as its relative position and ranking within its peers.
Excellence |
Excellence Optoelectronic Net Income vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Excellence Optoelectronic's current stock value. Our valuation model uses many indicators to compare Excellence Optoelectronic value to that of its competitors to determine the firm's financial worth. Excellence Optoelectronic is number one stock in shares owned by institutions category among its peers. It also is number one stock in net income category among its peers making up about 14,664,789 of Net Income per Shares Owned By Institutions. 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 Excellence Optoelectronic's earnings, one of the primary drivers of an investment's value.Excellence Net Income vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Excellence Optoelectronic |
| = | 0.71 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Excellence Optoelectronic |
| = | 10.41 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Excellence Net Income Comparison
Excellence Optoelectronic is currently under evaluation in net income category among its peers.
Excellence Optoelectronic Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Excellence Optoelectronic, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Excellence Optoelectronic will eventually generate negative long term returns. The profitability progress is the general direction of Excellence Optoelectronic's change in net profit over the period of time. It can combine multiple indicators of Excellence Optoelectronic, 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.
Excellence Optoelectronics Inc. design, development, and testing of automotive LED component packaging in Taiwan, China, United States, Germany, Spain, and internationally. The company was founded in 1995 and is headquartered in Hsinchu, Taiwan. EXCELLENCE OPTOELECTRONIC operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.
Excellence Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Excellence Optoelectronic. 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 Excellence Optoelectronic 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 Excellence Optoelectronic's important profitability drivers and their relationship over time.
Use Excellence Optoelectronic 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 Excellence Optoelectronic 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 Excellence Optoelectronic will appreciate offsetting losses from the drop in the long position's value.Excellence Optoelectronic Pair Trading
Excellence Optoelectronic Pair Trading Analysis
The ability to find closely correlated positions to Excellence Optoelectronic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Excellence Optoelectronic 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 Excellence Optoelectronic - 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 Excellence Optoelectronic to buy it.
The correlation of Excellence Optoelectronic 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 Excellence Optoelectronic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Excellence Optoelectronic 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 Excellence Optoelectronic 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 Excellence Optoelectronic position
In addition to having Excellence Optoelectronic 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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Additional Tools for Excellence Stock Analysis
When running Excellence Optoelectronic's price analysis, check to measure Excellence Optoelectronic'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 Excellence Optoelectronic is operating at the current time. Most of Excellence Optoelectronic's value examination focuses on studying past and present price action to predict the probability of Excellence Optoelectronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Excellence Optoelectronic's price. Additionally, you may evaluate how the addition of Excellence Optoelectronic to your portfolios can decrease your overall portfolio volatility.