Yan Zheng - Interactive Digital CEO Chairman
| 6486 Stock | TWD 83.30 0.40 0.48% |
Insider
Yan Zheng is CEO Chairman of Interactive Digital Technologies
| Phone | 886 2 2298 3456 |
| Web | https://www.idtech.com.tw |
Interactive Digital Management Efficiency
The company has return on total asset (ROA) of 0.0681 % which means that it generated a profit of $0.0681 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.188 %, meaning that it generated $0.188 on every $100 dollars invested by stockholders. Interactive Digital's management efficiency ratios could be used to measure how well Interactive Digital manages its routine affairs as well as how well it operates its assets and liabilities. Interactive Digital Technologies (6486) is traded on Taiwan OTC Exchange in Taiwan and employs 21 people.Management Performance
| Return On Equity | 0.19 | |||
| Return On Asset | 0.0681 |
Interactive Digital Management Team
Elected by the shareholders, the Interactive Digital's board of directors comprises two types of representatives: Interactive Digital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Interactive. The board's role is to monitor Interactive Digital's management team and ensure that shareholders' interests are well served. Interactive Digital'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, Interactive Digital's outside directors are responsible for providing unbiased perspectives on the board's policies.
Interactive 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 Interactive Digital 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 | 0.19 | |||
| Return On Asset | 0.0681 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.15 % | |||
| Current Valuation | 1.92 B | |||
| Shares Outstanding | 39.57 M | |||
| Shares Owned By Insiders | 55.27 % | |||
| Shares Owned By Institutions | 0.15 % | |||
| Price To Book | 1.95 X | |||
| Price To Sales | 1.24 X |
Pair Trading with Interactive Digital
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 Interactive Digital 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 Interactive Digital will appreciate offsetting losses from the drop in the long position's value.Moving against Interactive Stock
The ability to find closely correlated positions to Interactive Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Interactive Digital 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 Interactive Digital - 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 Interactive Digital Technologies to buy it.
The correlation of Interactive Digital 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 Interactive Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Interactive Digital 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 Interactive Digital 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 Interactive Stock Analysis
When running Interactive Digital's price analysis, check to measure Interactive Digital'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 Interactive Digital is operating at the current time. Most of Interactive Digital's value examination focuses on studying past and present price action to predict the probability of Interactive Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Interactive Digital's price. Additionally, you may evaluate how the addition of Interactive Digital to your portfolios can decrease your overall portfolio volatility.