Formosa Advanced Shares Owned By Institutions vs. EBITDA
| 8131 Stock | TWD 29.10 0.60 2.02% |
For Formosa Advanced profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Formosa Advanced to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Formosa Advanced Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Formosa Advanced's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Formosa Advanced Technologies over time as well as its relative position and ranking within its peers.
Formosa |
Formosa Advanced Tec EBITDA vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Formosa Advanced's current stock value. Our valuation model uses many indicators to compare Formosa Advanced value to that of its competitors to determine the firm's financial worth. Formosa Advanced Technologies is rated below average in shares owned by institutions category among its peers. It also is rated below average in ebitda category among its peers totaling about 1,202,632,258 of EBITDA per Shares Owned By Institutions. 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 Formosa Advanced's earnings, one of the primary drivers of an investment's value.Formosa EBITDA vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Formosa Advanced |
| = | 2.79 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Formosa Advanced |
| = | 3.36 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Formosa EBITDA Comparison
Formosa Advanced is currently under evaluation in ebitda category among its peers.
Formosa Advanced Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Formosa Advanced, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Formosa Advanced will eventually generate negative long term returns. The profitability progress is the general direction of Formosa Advanced's change in net profit over the period of time. It can combine multiple indicators of Formosa Advanced, 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.
Formosa Advanced Technologies Co., Ltd. provides wafer probe, integrated circuit assembly and testing, module turnkey, and LED chip process services in Taiwan. Formosa Advanced Technologies Co., Ltd. is a subsidiary of Formosa Taffeta Co., Ltd. FORMOSA ADVANCED operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 2406 people.
Formosa Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Formosa Advanced. 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 Formosa Advanced 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 Formosa Advanced's important profitability drivers and their relationship over time.
Use Formosa Advanced 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 Formosa Advanced 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 Formosa Advanced will appreciate offsetting losses from the drop in the long position's value.Formosa Advanced Pair Trading
Formosa Advanced Technologies Pair Trading Analysis
The ability to find closely correlated positions to Formosa Advanced could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Formosa Advanced 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 Formosa Advanced - 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 Formosa Advanced Technologies to buy it.
The correlation of Formosa Advanced 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 Formosa Advanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Formosa Advanced Tec 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 Formosa Advanced 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 Formosa Advanced position
In addition to having Formosa Advanced 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?
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Services
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 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 Services Theme or any other thematic opportunities.
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Additional Tools for Formosa Stock Analysis
When running Formosa Advanced's price analysis, check to measure Formosa Advanced'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 Formosa Advanced is operating at the current time. Most of Formosa Advanced's value examination focuses on studying past and present price action to predict the probability of Formosa Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Advanced's price. Additionally, you may evaluate how the addition of Formosa Advanced to your portfolios can decrease your overall portfolio volatility.