Tatung Financial Statements From 2010 to 2024
| 8099 Stock | TWD 80.50 0.40 0.50% |
Check Tatung System financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tatung System's main balance sheet or income statement drivers, such as , as well as many indicators such as . Tatung financial statements analysis is a perfect complement when working with Tatung System Valuation or Volatility modules.
Tatung |
Tatung System Technologies Company Current Valuation Analysis
Tatung System's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Tatung System Current Valuation | 3.35 B |
Most of Tatung System's fundamental indicators, such as Current Valuation, 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, Tatung System Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Tatung System Technologies has a Current Valuation of 3.35 B. This is 82.64% lower than that of the Technology sector and 79.45% lower than that of the Information Technology Services industry. The current valuation for all Taiwan stocks is 79.83% higher than that of the company.
Tatung System Techno Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tatung System's current stock value. Our valuation model uses many indicators to compare Tatung System value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tatung System competition to find correlations between indicators driving Tatung System's intrinsic value. More Info.Tatung System Technologies is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about 0.30 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tatung System Technologies is roughly 3.36 . 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 Tatung System's earnings, one of the primary drivers of an investment's value.About Tatung System Financial Statements
Tatung System investors use historical fundamental indicators, such as Tatung System'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 Tatung System. Please read more on our technical analysis and fundamental analysis pages.
Tatung System Technologies Inc. provides professional services and assistance in digital transformation. The company was founded in 2000 and is based in Taipei City, Taiwan. TATUNG SYSTEM operates under Information Technology Services classification in Taiwan and is traded on Taiwan OTC Exchange.
Pair Trading with Tatung System
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 Tatung System 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 Tatung System will appreciate offsetting losses from the drop in the long position's value.Moving together with Tatung Stock
Moving against Tatung Stock
| 0.73 | 910861 | Digital China Holdings | PairCorr |
| 0.52 | 6221 | Genesis Technology Split | PairCorr |
| 0.5 | 4546 | Chaheng Precision | PairCorr |
| 0.49 | 2072 | Century Wind Power | PairCorr |
| 0.45 | 3147 | Jetwell Computer | PairCorr |
The ability to find closely correlated positions to Tatung System could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tatung System 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 Tatung System - 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 Tatung System Technologies to buy it.
The correlation of Tatung System 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 Tatung System moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tatung System Techno 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 Tatung System 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 Tatung Stock Analysis
When running Tatung System's price analysis, check to measure Tatung System'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 Tatung System is operating at the current time. Most of Tatung System's value examination focuses on studying past and present price action to predict the probability of Tatung System's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tatung System's price. Additionally, you may evaluate how the addition of Tatung System to your portfolios can decrease your overall portfolio volatility.