TUL (Taiwan) Market Value

6150 Stock  TWD 69.80  0.70  0.99%   
TUL's market value is the price at which a share of TUL trades on a public exchange. It measures the collective expectations of TUL Corporation investors about its performance. TUL is selling for under 69.80 as of the 1st of February 2025; that is 0.99% down since the beginning of the trading day. The stock's lowest day price was 69.0.
With this module, you can estimate the performance of a buy and hold strategy of TUL Corporation and determine expected loss or profit from investing in TUL over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Pair Trading with TUL

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

Moving together with TUL Stock

  0.612440 Space Shuttle HiPairCorr

Moving against TUL Stock

  0.762891C CTBC Financial HoldingPairCorr
  0.72891B CTBC Financial HoldingPairCorr
  0.682881B Fubon Financial HoldingPairCorr
  0.672882B Cathay Financial HoldingPairCorr
  0.542882A Cathay Financial HoldingPairCorr
The ability to find closely correlated positions to TUL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TUL 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 TUL - 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 TUL Corporation to buy it.
The correlation of TUL 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 TUL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TUL Corporation 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 TUL 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 TUL Stock Analysis

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