Top Union Return On Equity vs. Gross Profit
| 6266 Stock | TWD 33.30 0.40 1.22% |
For Top Union profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Top Union to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Top Union Electronics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Top Union's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Top Union Electronics over time as well as its relative position and ranking within its peers.
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Top Union Electronics Gross Profit vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Top Union's current stock value. Our valuation model uses many indicators to compare Top Union value to that of its competitors to determine the firm's financial worth. Top Union Electronics is rated second in return on equity category among its peers. It also is rated second in gross profit category among its peers fabricating about 2,061,751,412 of Gross Profit per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Top Union's earnings, one of the primary drivers of an investment's value.Top Gross Profit vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
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| = | 0.18 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Top Union |
| = | 364.93 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Top Gross Profit Comparison
Top Union is currently under evaluation in gross profit category among its peers.
Top Union Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Top Union, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Top Union will eventually generate negative long term returns. The profitability progress is the general direction of Top Union's change in net profit over the period of time. It can combine multiple indicators of Top Union, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Top Union Electronics Corp. provides electronic manufacturing services in Taiwan and China. The company was founded in 1990 and is based in Hsinchu, Taiwan. TOP UNION is traded on Taiwan OTC Exchange in Taiwan.
Top Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Top Union. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Top Union position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Top Union's important profitability drivers and their relationship over time.
Use Top Union in pair-trading
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 Top Union 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 Top Union will appreciate offsetting losses from the drop in the long position's value.Top Union Pair Trading
Top Union Electronics Pair Trading Analysis
The ability to find closely correlated positions to Top Union could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Top Union 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 Top Union - 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 Top Union Electronics to buy it.
The correlation of Top Union 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 Top Union moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Top Union 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 Top Union 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.Use Investing Themes to Complement your Top Union position
In addition to having Top Union in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Preferred Stock ETFs Thematic Idea Now
Preferred Stock ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Preferred Stock ETFs theme has 16 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Preferred Stock ETFs Theme or any other thematic opportunities.
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Additional Tools for Top Stock Analysis
When running Top Union's price analysis, check to measure Top Union'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 Top Union is operating at the current time. Most of Top Union's value examination focuses on studying past and present price action to predict the probability of Top Union's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Top Union's price. Additionally, you may evaluate how the addition of Top Union to your portfolios can decrease your overall portfolio volatility.