GlobalWafers Shares Owned By Institutions vs. Return On Asset
| 6488 Stock | TWD 406.00 7.00 1.69% |
For GlobalWafers profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GlobalWafers to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GlobalWafers Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GlobalWafers's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GlobalWafers Co over time as well as its relative position and ranking within its peers.
GlobalWafers |
GlobalWafers Return On Asset vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GlobalWafers's current stock value. Our valuation model uses many indicators to compare GlobalWafers value to that of its competitors to determine the firm's financial worth. GlobalWafers Co is rated below average in shares owned by institutions category among its peers. It is number one stock in return on asset category among its peers . The ratio of Shares Owned By Institutions to Return On Asset for GlobalWafers Co is about 246.69 . 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 GlobalWafers' earnings, one of the primary drivers of an investment's value.GlobalWafers Return On Asset 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.
GlobalWafers |
| = | 24.25 % |
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.
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.
GlobalWafers |
| = | 0.0983 |
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.
GlobalWafers Return On Asset Comparison
GlobalWafers is currently under evaluation in return on asset category among its peers.
GlobalWafers Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in GlobalWafers, profitability is also one of the essential criteria for including it into their portfolios because, without profit, GlobalWafers will eventually generate negative long term returns. The profitability progress is the general direction of GlobalWafers' change in net profit over the period of time. It can combine multiple indicators of GlobalWafers, 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.
GlobalWafers Co., Ltd., together with its subsidiaries, researches, designs, develops, manufactures, and markets semiconductor ingots and wafers in Taiwan, Korea, the United States, Japan, China, Germany, and internationally. GlobalWafers Co., Ltd. was founded in 2011 and is headquartered in Hsinchu, Taiwan. GLOBALWAFERS LTD is traded on Taiwan OTC Exchange in Taiwan.
GlobalWafers Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GlobalWafers. 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 GlobalWafers 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 GlobalWafers' important profitability drivers and their relationship over time.
Use GlobalWafers 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 GlobalWafers 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 GlobalWafers will appreciate offsetting losses from the drop in the long position's value.GlobalWafers Pair Trading
GlobalWafers Co Pair Trading Analysis
The ability to find closely correlated positions to GlobalWafers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GlobalWafers 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 GlobalWafers - 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 GlobalWafers Co to buy it.
The correlation of GlobalWafers 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 GlobalWafers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GlobalWafers 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 GlobalWafers 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 GlobalWafers position
In addition to having GlobalWafers 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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Data Storage
Companies making data storages or providing data storage services. The Data Storage theme has 42 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 Data Storage Theme or any other thematic opportunities.
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Additional Tools for GlobalWafers Stock Analysis
When running GlobalWafers' price analysis, check to measure GlobalWafers' 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 GlobalWafers is operating at the current time. Most of GlobalWafers' value examination focuses on studying past and present price action to predict the probability of GlobalWafers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GlobalWafers' price. Additionally, you may evaluate how the addition of GlobalWafers to your portfolios can decrease your overall portfolio volatility.