Syntek Financial Statements From 2010 to 2024
| 5302 Stock | TWD 10.40 0.20 1.89% |
Check Syntek Semiconductor financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Syntek Semiconductor's main balance sheet or income statement drivers, such as , as well as many indicators such as . Syntek financial statements analysis is a perfect complement when working with Syntek Semiconductor Valuation or Volatility modules.
Syntek |
Syntek Semiconductor Co Company Shares Outstanding Analysis
Syntek Semiconductor's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Syntek Semiconductor Shares Outstanding | 159.89 M |
Most of Syntek Semiconductor's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Syntek Semiconductor Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, Syntek Semiconductor Co has 159.89 M of shares currently outstending. This is 15.81% lower than that of the Technology sector and 83.74% lower than that of the Semiconductors industry. The shares outstanding for all Taiwan stocks is 72.04% higher than that of the company.
Syntek Semiconductor Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Syntek Semiconductor's current stock value. Our valuation model uses many indicators to compare Syntek Semiconductor value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Syntek Semiconductor competition to find correlations between indicators driving Syntek Semiconductor's intrinsic value. More Info.Syntek Semiconductor Co is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . 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 Syntek Semiconductor's earnings, one of the primary drivers of an investment's value.About Syntek Semiconductor Financial Statements
Syntek Semiconductor investors use historical fundamental indicators, such as Syntek Semiconductor'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 Syntek Semiconductor. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with Syntek Semiconductor
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 Syntek Semiconductor 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 Syntek Semiconductor will appreciate offsetting losses from the drop in the long position's value.Moving together with Syntek Stock
Moving against Syntek Stock
| 0.78 | 6510 | Chunghwa Precision Test | PairCorr |
| 0.67 | 2603 | Evergreen Marine Corp | PairCorr |
| 0.59 | 2357 | Asustek Computer | PairCorr |
| 0.59 | 6669 | Wiwynn Corp | PairCorr |
| 0.45 | 3443 | Global Unichip Corp | PairCorr |
The ability to find closely correlated positions to Syntek Semiconductor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Syntek Semiconductor 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 Syntek Semiconductor - 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 Syntek Semiconductor Co to buy it.
The correlation of Syntek Semiconductor 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 Syntek Semiconductor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Syntek Semiconductor 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 Syntek Semiconductor 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 Syntek Stock Analysis
When running Syntek Semiconductor's price analysis, check to measure Syntek Semiconductor'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 Syntek Semiconductor is operating at the current time. Most of Syntek Semiconductor's value examination focuses on studying past and present price action to predict the probability of Syntek Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Syntek Semiconductor's price. Additionally, you may evaluate how the addition of Syntek Semiconductor to your portfolios can decrease your overall portfolio volatility.