Taiwan Secom Correlations
| 9917 Stock | TWD 123.50 0.50 0.40% |
The current 90-days correlation between Taiwan Secom and Taiwan Shin Kong is 0.11 (i.e., Average diversification). The correlation of Taiwan Secom 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.
Taiwan |
The ability to find closely correlated positions to Taiwan Secom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Taiwan Secom 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 Taiwan Secom - 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 Taiwan Secom Co to buy it.
Moving together with Taiwan Stock
| 0.87 | 2002 | China Steel Corp | PairCorr |
| 0.81 | 5880 | Taiwan Cooperative | PairCorr |
| 0.75 | 0051 | YuantaP shares Taiwan | PairCorr |
Moving against Taiwan Stock
| 0.88 | 2891B | CTBC Financial Holding | PairCorr |
| 0.83 | 2891C | CTBC Financial Holding | PairCorr |
| 0.72 | 2888 | Shin Kong Financial | PairCorr |
| 0.65 | 2891 | CTBC Financial Holding | PairCorr |
| 0.57 | 2330 | Taiwan Semiconductor | PairCorr |
| 0.41 | 0050 | YuantaP shares Taiwan | PairCorr |
| 0.35 | 0057 | Fubon MSCI Taiwan | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Taiwan Stock performing well and Taiwan Secom 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 Taiwan Secom'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 9925 | 0.27 | (0.04) | 0.00 | (3.57) | 0.00 | 0.49 | 2.54 | |||
| 2912 | 0.72 | (0.20) | 0.00 | (1.69) | 0.00 | 1.13 | 7.65 | |||
| 9941 | 1.51 | (0.30) | 0.00 | 0.72 | 0.00 | 2.50 | 16.53 | |||
| 9921 | 1.39 | (0.35) | 0.00 | 2.03 | 0.00 | 3.08 | 8.50 | |||
| 1723 | 0.63 | (0.10) | 0.00 | (0.53) | 0.00 | 1.54 | 4.18 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Taiwan Secom 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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Taiwan Secom Corporate Management
Elected by the shareholders, the Taiwan Secom's board of directors comprises two types of representatives: Taiwan Secom inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Taiwan. The board's role is to monitor Taiwan Secom's management team and ensure that shareholders' interests are well served. Taiwan Secom'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, Taiwan Secom's outside directors are responsible for providing unbiased perspectives on the board's policies.
| HsunMing Yu | Deputy General Manager | Profile | |
| LanChing Chang | GM CFO | Profile | |
| ShengYing Cheng | Deputy General Manager-Business Planning Office, Head of Finance | Profile | |
| ChiLin Wei | Director | Profile | |
| Yongzheng Jiang | Independent Director | Profile | |
| Suling Chen | Deputy General Manager-Management, Head of Accounting | Profile |