FengChung Chen - Te Chang President
| 5511 Stock | TWD 61.80 0.50 0.80% |
Insider
FengChung Chen is President of Te Chang Construction
| Phone | 886 4 2201 3611 |
| Web | https://www.tccon.com.tw |
Te Chang Management Efficiency
The company has return on total asset (ROA) of 0.0369 % which means that it generated a profit of $0.0369 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1095 %, meaning that it generated $0.1095 on every $100 dollars invested by stockholders. Te Chang's management efficiency ratios could be used to measure how well Te Chang manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0369 |
5511 Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Te Chang a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0369 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 946.85 M | |||
| Shares Outstanding | 113.44 M | |||
| Shares Owned By Insiders | 47.90 % | |||
| Shares Owned By Institutions | 0.81 % | |||
| Price To Book | 0.74 X | |||
| Price To Sales | 0.42 X |
Pair Trading with Te Chang
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 Te Chang 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 Te Chang will appreciate offsetting losses from the drop in the long position's value.Moving together with 5511 Stock
Moving against 5511 Stock
| 0.73 | 9933 | CTCI Corp | PairCorr |
| 0.67 | 2002A | China Steel Corp | PairCorr |
| 0.63 | 2072 | Century Wind Power | PairCorr |
| 0.57 | 2515 | BES Engineering | PairCorr |
| 0.52 | 1303 | Nan Ya Plastics | PairCorr |
The ability to find closely correlated positions to Te Chang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Te Chang 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 Te Chang - 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 Te Chang Construction to buy it.
The correlation of Te Chang 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 Te Chang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Te Chang Construction 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 Te Chang 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 5511 Stock Analysis
When running Te Chang's price analysis, check to measure Te Chang'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 Te Chang is operating at the current time. Most of Te Chang's value examination focuses on studying past and present price action to predict the probability of Te Chang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Te Chang's price. Additionally, you may evaluate how the addition of Te Chang to your portfolios can decrease your overall portfolio volatility.