Ligitek Electronics Ownership

8111 Stock  TWD 39.00  0.65  1.64%   
Ligitek Electronics maintains a total of 109.1 Million outstanding shares. Ligitek Electronics Co holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Some institutional investors establish a significant position in stocks such as Ligitek Electronics in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Ligitek Electronics, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
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.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ligitek Electronics Co. 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.

Ligitek Stock Ownership Analysis

About 26.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.25. In the past many companies with similar price-to-book ratios have beat the market. Ligitek Electronics last dividend was issued on the 27th of June 2022. The entity had 1:1 split on the 30th of August 2011. Ligitek Electronics Co., Ltd. designs, develops, manufactures, and sells a range of optoelectronic components for lighting applications in Taiwan and internationally. The company was founded in 1989 and is headquartered in New Taipei City, Taiwan. LIGITEK ELECTRONICS operates under Electronic Components classification in Taiwan and is traded on Taiwan OTC Exchange. For more info on Ligitek Electronics Co please contact the company at 886 2 7703 6000 or go to https://www.ligitek.com.

Ligitek Electronics Outstanding Bonds

Ligitek Electronics 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. Ligitek Electronics 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 Ligitek bonds can be classified according to their maturity, which is the date when Ligitek Electronics Co 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.

Pair Trading with Ligitek Electronics

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

Moving together with Ligitek Stock

  0.812317 Hon Hai PrecisionPairCorr

Moving against Ligitek Stock

  0.82888 Shin Kong Financial Earnings Call TodayPairCorr
  0.753008 LARGAN PrecisionPairCorr
  0.512891C CTBC Financial HoldingPairCorr
The ability to find closely correlated positions to Ligitek Electronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ligitek Electronics 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 Ligitek Electronics - 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 Ligitek Electronics Co to buy it.
The correlation of Ligitek Electronics 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 Ligitek Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ligitek Electronics 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 Ligitek Electronics 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 Ligitek Stock Analysis

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