Xianren Ke - Rich Development Accounting Supervisor

5512 Stock  TWD 10.10  0.10  0.98%   

Executive

Xianren Ke is Accounting Supervisor of Rich Development Co since 2002.
Tenure 22 years
Phone886 2 2100 2288
Webhttps://www.rhd.com.tw

Rich Development Management Efficiency

Rich Development's management efficiency ratios could be used to measure how well Rich Development manages its routine affairs as well as how well it operates its assets and liabilities.
Rich Development Co (5512) is traded on Taiwan OTC Exchange in Taiwan and employs 16 people.

Management Performance

Rich Development Leadership Team

Elected by the shareholders, the Rich Development's board of directors comprises two types of representatives: Rich Development inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rich. The board's role is to monitor Rich Development's management team and ensure that shareholders' interests are well served. Rich Development'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, Rich Development's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jigang Guo, GM Director
Xianren Ke, Accounting Supervisor
Shuzhen Guo, Chairman of the Board, General Manager
Liyan Zhong, Head of Finance

Rich 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 Rich Development 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.

Pair Trading with Rich Development

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 Rich Development 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 Rich Development will appreciate offsetting losses from the drop in the long position's value.

Moving together with Rich Stock

  0.812072 Century Wind PowerPairCorr

Moving against Rich Stock

  0.740050 YuantaP shares TaiwanPairCorr
  0.710057 Fubon MSCI TaiwanPairCorr
  0.590053 YuantaP shares TaiwanPairCorr
The ability to find closely correlated positions to Rich Development could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rich Development 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 Rich Development - 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 Rich Development Co to buy it.
The correlation of Rich Development 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 Rich Development moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rich Development 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 Rich Development 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.
Pair CorrelationCorrelation Matching

Additional Tools for Rich Stock Analysis

When running Rich Development's price analysis, check to measure Rich Development'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 Rich Development is operating at the current time. Most of Rich Development's value examination focuses on studying past and present price action to predict the probability of Rich Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rich Development's price. Additionally, you may evaluate how the addition of Rich Development to your portfolios can decrease your overall portfolio volatility.