Sporton International Ownership

6146 Stock  TWD 205.00  1.50  0.74%   
Sporton International shows a total of 97.02 Million outstanding shares. Sporton International maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Some institutional investors establish a significant position in stocks such as Sporton International in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Sporton International, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
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.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sporton International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Sporton Stock Ownership Analysis

About 30.0% of the company shares are owned by insiders or employees . The book value of Sporton International was presently reported as 48.68. The company recorded earning per share (EPS) of 15.19. Sporton International last dividend was issued on the 28th of June 2022. The entity had 1000:1050 split on the 4th of July 2023. Sporton International Inc. provides product testing and certification services in Taiwan and internationally. Sporton International Inc. was founded in 1986 and is headquartered in New Taipei City, Taiwan. SPORTON INTERNATIONAL is traded on Taiwan OTC Exchange in Taiwan. For more info on Sporton International please contact the company at 886 2 2696 2468 or go to https://www.sporton.com.tw.

Sporton International Outstanding Bonds

Sporton International 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. Sporton International 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 Sporton bonds can be classified according to their maturity, which is the date when Sporton International 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.

Pair Trading with Sporton International

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 Sporton International 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 Sporton International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sporton Stock

  0.745607 Farglory FTZ InvestmentPairCorr

Moving against Sporton Stock

  0.618240 Wah Hong IndustrialPairCorr
  0.596183 Trade Van InformationPairCorr
  0.352317 Hon Hai PrecisionPairCorr
  0.330050 YuantaP shares TaiwanPairCorr
The ability to find closely correlated positions to Sporton International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sporton International 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 Sporton International - 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 Sporton International to buy it.
The correlation of Sporton International 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 Sporton International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sporton International 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 Sporton International 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.
Pair CorrelationCorrelation Matching

Additional Tools for Sporton Stock Analysis

When running Sporton International's price analysis, check to measure Sporton International'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 Sporton International is operating at the current time. Most of Sporton International's value examination focuses on studying past and present price action to predict the probability of Sporton International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sporton International's price. Additionally, you may evaluate how the addition of Sporton International to your portfolios can decrease your overall portfolio volatility.