Advantech 2023 - Q4 Earnings Release -March 07, 2024 at 0815 am EST - Marketscreener.com
| 2395 Stock | TWD 335.50 7.00 2.04% |
Slightly above 62% of Advantech's investor base is looking to short. The analysis of current outlook of investing in Advantech Co suggests that many traders are alarmed regarding Advantech's prospects. Advantech's investing sentiment can be driven by a variety of factors including economic data, Advantech's earnings reports, geopolitical events, and overall market trends.
Advantech stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Advantech daily returns and investor perception about the current price of Advantech Co as well as its diversification or hedging effects on your existing portfolios.
Advantech |
Advantech 2023 - Q4 Earnings Release -March 07, 2024 at 0815 am EST Marketscreener.com
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Advantech Fundamental Analysis
We analyze Advantech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Advantech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Advantech 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 Sales
Price To Sales Comparative Analysis
Advantech is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Advantech 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 Advantech stock to make a market-neutral strategy. Peer analysis of Advantech could also be used in its relative valuation, which is a method of valuing Advantech by comparing valuation metrics with similar companies.
Peers
Advantech Related Equities
| 3711 | ASE Industrial | 3.06 | ||||
| 3481 | Innolux Corp | 1.00 | ||||
| 2609 | Yang Ming | 0.97 | ||||
| 2409 | AU Optronics | 0.97 | ||||
| 2412 | Chunghwa Telecom | 0.40 | ||||
| 2303 | United Microelectronics | 0.80 | ||||
| 2330 | Taiwan Semiconductor | 0.90 | ||||
| 1303 | Nan Ya | 1.40 |
Additional Tools for Advantech Stock Analysis
When running Advantech's price analysis, check to measure Advantech'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 Advantech is operating at the current time. Most of Advantech's value examination focuses on studying past and present price action to predict the probability of Advantech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advantech's price. Additionally, you may evaluate how the addition of Advantech to your portfolios can decrease your overall portfolio volatility.