Shin Ruenn Ownership
6186 Stock | TWD 64.00 2.40 3.61% |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Shin |
Shin Stock Ownership Analysis
About 51.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.86. In the past many companies with similar price-to-book ratios have beat the market. Shin Ruenn Development last dividend was issued on the 25th of October 2022. The entity had 1000:1150 split on the 29th of August 2024. Shin Ruenn development Co., LTD. engages in the development and rental of housing and buildings. Shin Ruenn development Co., LTD. was founded in 1998 and is based in Taipei, Taiwan. SHIN RUENN operates under Real EstateDevelopment classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 34 people. For more info on Shin Ruenn Development please contact the company at 886 2 545 0899 or go to https://www.shinruenn.com.Shin Ruenn Outstanding Bonds
Shin Ruenn issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Shin Ruenn Development uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Shin bonds can be classified according to their maturity, which is the date when Shin Ruenn Development has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Pair Trading with Shin Ruenn
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 Shin Ruenn 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 Shin Ruenn will appreciate offsetting losses from the drop in the long position's value.Moving together with Shin Stock
0.94 | 2542 | Highwealth Construction Split | PairCorr |
0.88 | 2539 | Sakura Development | PairCorr |
0.9 | 5206 | Kunyue Development | PairCorr |
0.87 | 6171 | Tacheng Real Estate | PairCorr |
Moving against Shin Stock
0.82 | 1432 | Trk Corp | PairCorr |
0.8 | 0057 | Fubon MSCI Taiwan | PairCorr |
0.74 | 0053 | YuantaP shares Taiwan | PairCorr |
0.74 | 0050 | YuantaP shares Taiwan | PairCorr |
0.73 | 3545 | FocalTech Systems | PairCorr |
The ability to find closely correlated positions to Shin Ruenn could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shin Ruenn 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 Shin Ruenn - 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 Shin Ruenn Development to buy it.
The correlation of Shin Ruenn 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 Shin Ruenn moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shin Ruenn Development 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 Shin Ruenn 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 Shin Stock Analysis
When running Shin Ruenn's price analysis, check to measure Shin Ruenn'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 Shin Ruenn is operating at the current time. Most of Shin Ruenn's value examination focuses on studying past and present price action to predict the probability of Shin Ruenn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shin Ruenn's price. Additionally, you may evaluate how the addition of Shin Ruenn to your portfolios can decrease your overall portfolio volatility.