Chief Telecom Stock Shares Outstanding

6561 Stock   515.00  11.00  2.18%   
Chief Telecom fundamentals help investors to digest information that contributes to Chief Telecom's financial success or failures. It also enables traders to predict the movement of Chief Stock. The fundamental analysis module provides a way to measure Chief Telecom'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 Chief Telecom 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.

Chief Telecom Company Shares Outstanding Analysis

Chief Telecom's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

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Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current Chief Telecom Shares Outstanding

    
  70.74 M  
Most of Chief Telecom's fundamental indicators, such as Shares Outstanding, 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, Chief Telecom is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Based on the latest financial disclosure, Chief Telecom has 70.74 M of shares currently outstending. This is 98.41% lower than that of the Communication Services sector and 98.74% lower than that of the Telecom Services industry. The shares outstanding for all Taiwan stocks is 87.63% higher than that of the company.

Chief Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chief Telecom's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Chief Telecom could also be used in its relative valuation, which is a method of valuing Chief Telecom by comparing valuation metrics of similar companies.
Chief Telecom is currently under evaluation in shares outstanding category among its peers.

Chief Fundamentals

About Chief Telecom Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Chief Telecom's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chief Telecom using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chief Telecom 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 Chief Telecom

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 Chief Telecom 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 Chief Telecom will appreciate offsetting losses from the drop in the long position's value.

Moving against Chief Stock

  0.446163 Hwacom SystemsPairCorr
  0.43045 Taiwan MobilePairCorr
The ability to find closely correlated positions to Chief Telecom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chief Telecom 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 Chief Telecom - 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 Chief Telecom to buy it.
The correlation of Chief Telecom 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 Chief Telecom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chief Telecom 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 Chief Telecom 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 Chief Stock Analysis

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