Despite lower earnings than five years ago, WT Microelectronics investors are up 2 percent since then - Simply Wall St
| 3036 Stock | TWD 107.00 0.50 0.47% |
Slightly above 62% of WT Microelectronics' investor base is looking to short. The analysis of current outlook of investing in WT Microelectronics Co suggests that many traders are alarmed regarding WT Microelectronics' prospects. WT Microelectronics' investing sentiment can be driven by a variety of factors including economic data, WT Microelectronics' earnings reports, geopolitical events, and overall market trends.
WT Microelectronics stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of 3036 daily returns and investor perception about the current price of WT Microelectronics Co as well as its diversification or hedging effects on your existing portfolios.
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WT Microelectronics investors are up 2 percent since then Simply Wall St
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WT Microelectronics Fundamental Analysis
We analyze WT Microelectronics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WT Microelectronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WT Microelectronics 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.
Price To Earning
Price To Earning Comparative Analysis
WT Microelectronics is currently under evaluation in price to earning category among its peers. 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.
WT Microelectronics Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with WT Microelectronics stock to make a market-neutral strategy. Peer analysis of WT Microelectronics could also be used in its relative valuation, which is a method of valuing WT Microelectronics by comparing valuation metrics with similar companies.
Peers
WT Microelectronics Related Equities
| 3702 | WPG Holdings | 0.43 |
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| 3034 | Novatek Microelectronics | 0.62 |
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| 2347 | Synnex Technology | 0.68 |
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| 2449 | King Yuan | 0.85 |
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| 3010 | Wah Lee | 1.56 |
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Additional Tools for 3036 Stock Analysis
When running WT Microelectronics' price analysis, check to measure WT Microelectronics' 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 WT Microelectronics is operating at the current time. Most of WT Microelectronics' value examination focuses on studying past and present price action to predict the probability of WT Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WT Microelectronics' price. Additionally, you may evaluate how the addition of WT Microelectronics to your portfolios can decrease your overall portfolio volatility.