Honyi Financial Statements From 2010 to 2026
| 4530 Stock | TWD 28.00 0.70 2.56% |
Check Honyi International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Honyi International's main balance sheet or income statement drivers, such as , as well as many indicators such as . Honyi financial statements analysis is a perfect complement when working with Honyi International Valuation or Volatility modules.
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About Honyi International Financial Statements
Honyi International investors use historical fundamental indicators, such as Honyi International's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Honyi International. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with Honyi International
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 Honyi International 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 Honyi International will appreciate offsetting losses from the drop in the long position's value.Moving against Honyi Stock
| 0.73 | 2412 | Chunghwa Telecom | PairCorr |
| 0.56 | 5355 | Gia Tzoong Enterprise | PairCorr |
| 0.52 | 1584 | S Tech Corp | PairCorr |
| 0.48 | 0053 | YuantaP shares Taiwan | PairCorr |
| 0.42 | 2308 | Delta Electronics | PairCorr |
The ability to find closely correlated positions to Honyi International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Honyi International 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 Honyi International - 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 Honyi International to buy it.
The correlation of Honyi International 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 Honyi International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Honyi International 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 Honyi International 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.Additional Tools for Honyi Stock Analysis
When running Honyi International's price analysis, check to measure Honyi International'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 Honyi International is operating at the current time. Most of Honyi International's value examination focuses on studying past and present price action to predict the probability of Honyi International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honyi International's price. Additionally, you may evaluate how the addition of Honyi International to your portfolios can decrease your overall portfolio volatility.