Ruby Tech Ownership
| 8048 Stock | TWD 56.60 1.30 2.35% |
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.
Ruby |
Ruby Stock Ownership Analysis
About 38.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.76. In the past many companies with similar price-to-book ratios have beat the market. Ruby Tech last dividend was issued on the 5th of July 2022. The entity had 1000:1030 split on the 16th of August 2024. For more info on Ruby Tech please contact Peng Wang at 886 2 2785 3961 or go to https://www.rubytech.com.tw.Ruby Tech Outstanding Bonds
Ruby Tech 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. Ruby Tech 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 Ruby bonds can be classified according to their maturity, which is the date when Ruby Tech 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.
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Pair Trading with Ruby Tech
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 Ruby Tech 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 Ruby Tech will appreciate offsetting losses from the drop in the long position's value.Moving against Ruby Stock
| 0.67 | 6285 | Wistron NeWeb Corp | PairCorr |
| 0.62 | 3558 | Senao Networks | PairCorr |
| 0.59 | 3596 | Arcadyan Technology Corp | PairCorr |
| 0.55 | 5388 | Sercomm Corp | PairCorr |
| 0.5 | 6409 | Voltronic Power Tech | PairCorr |
The ability to find closely correlated positions to Ruby Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ruby Tech 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 Ruby Tech - 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 Ruby Tech to buy it.
The correlation of Ruby Tech 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 Ruby Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ruby Tech 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 Ruby Tech 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 Ruby Stock Analysis
When running Ruby Tech's price analysis, check to measure Ruby Tech'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 Ruby Tech is operating at the current time. Most of Ruby Tech's value examination focuses on studying past and present price action to predict the probability of Ruby Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ruby Tech's price. Additionally, you may evaluate how the addition of Ruby Tech to your portfolios can decrease your overall portfolio volatility.