Taiwan shares dip below 20,000 points amid Middle East tensions - Focus Taiwan
| 1301 Stock | TWD 41.35 1.35 3.16% |
Slightly above 61% of Formosa Plastics' investor base is looking to short. The analysis of current outlook of investing in Formosa Plastics Corp suggests that many traders are alarmed regarding Formosa Plastics' prospects. Formosa Plastics' investing sentiment can be driven by a variety of factors including economic data, Formosa Plastics' earnings reports, geopolitical events, and overall market trends.
Formosa Plastics stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Formosa daily returns and investor perception about the current price of Formosa Plastics Corp as well as its diversification or hedging effects on your existing portfolios.
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Taiwan shares dip below 20,000 points amid Middle East tensions Focus Taiwan
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Formosa Plastics Fundamental Analysis
We analyze Formosa Plastics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Formosa Plastics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Formosa Plastics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
Formosa Plastics is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Formosa Plastics Corp Potential Pair-trading
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 Plastics stock to make a market-neutral strategy. Peer analysis of Formosa Plastics could also be used in its relative valuation, which is a method of valuing Formosa Plastics by comparing valuation metrics with similar companies.
Peers
Formosa Plastics Related Equities
| 1522 | TYC Brother | 2.21 | ||||
| 1504 | TECO Electric | 0.57 | ||||
| 1527 | Basso Industry | 0.35 | ||||
| 1513 | Chung Hsin | 0.32 | ||||
| 1305 | China General | 1.81 |
Additional Tools for Formosa Stock Analysis
When running Formosa Plastics' price analysis, check to measure Formosa Plastics' 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 Plastics is operating at the current time. Most of Formosa Plastics' value examination focuses on studying past and present price action to predict the probability of Formosa Plastics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Plastics' price. Additionally, you may evaluate how the addition of Formosa Plastics to your portfolios can decrease your overall portfolio volatility.