Ardentec Ownership
| 3264 Stock | TWD 54.30 0.80 1.45% |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Ardentec |
Ardentec Stock Ownership Analysis
About 22.0% of the company shares are owned by institutions such as pension funds. The book value of Ardentec was presently reported as 32.83. The company recorded earning per share (EPS) of 6.9. Ardentec last dividend was issued on the 16th of June 2022. The entity had 1010:1000 split on the 23rd of August 2016. For more info on Ardentec please contact ChihYuan Lu at 886 3 597 6688 or go to https://web.ardentec.com/.Ardentec Outstanding Bonds
Ardentec issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Ardentec uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Ardentec bonds can be classified according to their maturity, which is the date when Ardentec has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Pair Trading with Ardentec
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 Ardentec 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 Ardentec will appreciate offsetting losses from the drop in the long position's value.Moving together with Ardentec Stock
| 0.86 | 5483 | Sino American Silicon | PairCorr |
| 0.93 | 6239 | Powertech Technology | PairCorr |
| 0.9 | 3532 | Formosa Sumco Technology | PairCorr |
| 0.8 | 3035 | Faraday Technology Corp | PairCorr |
Moving against Ardentec Stock
| 0.89 | 2881A | Fubon Financial Holding | PairCorr |
| 0.84 | 2891 | CTBC Financial Holding | PairCorr |
| 0.84 | 2882B | Cathay Financial Holding | PairCorr |
| 0.81 | 2885 | Yuanta Financial Holdings | PairCorr |
| 0.78 | 3041 | ALi Corp Split | PairCorr |
The ability to find closely correlated positions to Ardentec could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ardentec 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 Ardentec - 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 Ardentec to buy it.
The correlation of Ardentec 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 Ardentec moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ardentec 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 Ardentec 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.Additional Tools for Ardentec Stock Analysis
When running Ardentec's price analysis, check to measure Ardentec'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 Ardentec is operating at the current time. Most of Ardentec's value examination focuses on studying past and present price action to predict the probability of Ardentec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ardentec's price. Additionally, you may evaluate how the addition of Ardentec to your portfolios can decrease your overall portfolio volatility.