Nan Liu Correlations
| 6504 Stock | TWD 69.50 2.00 2.96% |
The current 90-days correlation between Nan Liu Enterprise and Chaintech Technology Corp is 0.27 (i.e., Modest diversification). The correlation of Nan Liu 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Nan |
The ability to find closely correlated positions to Nan Liu could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nan Liu 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 Nan Liu - 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 Nan Liu Enterprise to buy it.
Moving together with Nan Stock
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Risk-Adjusted Indicators
There is a big difference between Nan Stock performing well and Nan Liu Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Nan Liu's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 2425 | 2.44 | (0.10) | (0.04) | (0.01) | 2.78 | 9.87 | 17.67 | |||
| 2417 | 1.47 | (0.35) | 0.00 | (0.61) | 0.00 | 3.12 | 9.41 | |||
| 2380 | 1.16 | (0.39) | 0.00 | (0.71) | 0.00 | 3.56 | 13.93 | |||
| 2362 | 1.92 | (0.04) | 0.00 | 0.24 | 0.00 | 5.34 | 14.09 | |||
| 2331 | 1.44 | (0.20) | 0.00 | (0.40) | 0.00 | 2.71 | 9.06 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Nan Liu without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Nan Liu Corporate Management
Elected by the shareholders, the Nan Liu's board of directors comprises two types of representatives: Nan Liu inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nan. The board's role is to monitor Nan Liu's management team and ensure that shareholders' interests are well served. Nan Liu's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nan Liu's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Cheng Chang | Accounting Mang | Profile | |
| ShuFeng Lin | Chief Auditor | Profile | |
| Ruihua Yang | Deputy General Manager, Head-Production | Profile | |
| ChinSan Huang | GM Founder | Profile |