Sino American Silicon Products Stock Price To Earning

5483 Stock  TWD 159.00  0.50  0.32%   
Sino American Silicon Products fundamentals help investors to digest information that contributes to Sino American's financial success or failures. It also enables traders to predict the movement of Sino Stock. The fundamental analysis module provides a way to measure Sino American's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sino American stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Sino American Silicon Products Company Price To Earning Analysis

Sino American's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

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Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Sino American Price To Earning

    
  15.55 X  
Most of Sino American's fundamental indicators, such as Price To Earning, 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, Sino American Silicon Products is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition

Based on the latest financial disclosure, Sino American Silicon Products has a Price To Earning of 15.55 times. This is 43.82% lower than that of the Technology sector and 30.55% lower than that of the Semiconductor Equipment & Materials industry. The price to earning for all Taiwan stocks is 45.86% higher than that of the company.

Sino Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sino American's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sino American could also be used in its relative valuation, which is a method of valuing Sino American by comparing valuation metrics of similar companies.
Sino American is rated below average in price to earning category among its peers.

Sino Fundamentals

About Sino American Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sino American Silicon Products's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sino American using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sino American Silicon Products based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Sino American

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 Sino American 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 Sino American will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sino Stock

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Moving against Sino Stock

  0.892891 CTBC Financial HoldingPairCorr
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  0.842330 Taiwan SemiconductorPairCorr
  0.810057 Fubon MSCI TaiwanPairCorr
The ability to find closely correlated positions to Sino American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sino American 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 Sino American - 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 Sino American Silicon Products to buy it.
The correlation of Sino American 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 Sino American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sino American Silicon 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 Sino American 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 Sino Stock Analysis

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