Formosa Taffeta (Taiwan) Today
Formosa Taffeta is selling for under 18.95 as of the 31st of January 2025; that is No Change since the beginning of the trading day. The stock's lowest day price was 18.7. The performance scores are derived for the period starting the 3rd of September 2024 and ending today, the 31st of January 2025. Click here to learn more.
Valuation
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Formosa Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Formosa Taffeta's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Formosa Taffeta or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Consumer Discretionary, Textiles, Apparel & Luxury Goods, Textile Manufacturing, Consumer Cyclical (View all Sectors) |
Formosa Taffeta Co (1434) is traded on Taiwan Stock Exchange in Taiwan and employs 7,532 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 46.27 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Formosa Taffeta's market, we take the total number of its shares issued and multiply it by Formosa Taffeta's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Formosa Taffeta operates under Textiles, Apparel & Luxury Goods sector and is part of Consumer Discretionary industry. The entity has 1.68 B outstanding shares.
Formosa Taffeta Co has accumulated about 7.97 B in cash with 2.43 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.74.
Check Formosa Taffeta Probability Of Bankruptcy
Formosa Taffeta Risk Profiles
Although Formosa Taffeta's alpha and beta are two of the key measurements used to evaluate Formosa Taffeta's performance over the market, the standard measures of volatility play an important role as well.
Formosa Stock Against Markets
Formosa Taffeta Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Formosa Taffeta stock to make a market-neutral strategy. Peer analysis of Formosa Taffeta could also be used in its relative valuation, which is a method of valuing Formosa Taffeta by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Formosa Taffeta Corporate Management
Elected by the shareholders, the Formosa Taffeta's board of directors comprises two types of representatives: Formosa Taffeta inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Formosa. The board's role is to monitor Formosa Taffeta's management team and ensure that shareholders' interests are well served. Formosa Taffeta's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Formosa Taffeta's outside directors are responsible for providing unbiased perspectives on the board's policies.
| KuoYi Lee | Chief Division | Profile | |
| Chien Lee | Deputy Director | Profile | |
| YungTsai Wang | CoFounder | Profile | |
| YungChing Wang | CoFounder | Profile | |
| ShuMing Lee | Accounting Chief | Profile | |
| YiYung Li | Chief Officer | Profile |
Additional Tools for Formosa Stock Analysis
When running Formosa Taffeta's price analysis, check to measure Formosa Taffeta'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 Taffeta is operating at the current time. Most of Formosa Taffeta's value examination focuses on studying past and present price action to predict the probability of Formosa Taffeta'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 Taffeta's price. Additionally, you may evaluate how the addition of Formosa Taffeta to your portfolios can decrease your overall portfolio volatility.