Taiwan Closed Fund Fundamentals
| TWN Fund | USD 45.75 0.62 1.37% |
Taiwan Closed fundamentals help investors to digest information that contributes to Taiwan Closed's financial success or failures. It also enables traders to predict the movement of Taiwan Fund. The fundamental analysis module provides a way to measure Taiwan Closed's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Taiwan Closed fund.
Taiwan |
Taiwan Closed Fund Price To Earning Analysis
Taiwan Closed's 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.
Current Taiwan Closed Price To Earning | 2.41 X |
Most of Taiwan Closed's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Taiwan Closed is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Taiwan Closed has a Price To Earning of 2.41 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to earning for all United States funds is notably lower than that of the firm.
Taiwan Closed Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Taiwan Closed's current stock value. Our valuation model uses many indicators to compare Taiwan Closed value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Taiwan Closed competition to find correlations between indicators driving Taiwan Closed's intrinsic value. More Info.Taiwan Closed is rated below average in price to earning among similar funds. It is rated third largest fund in price to book among similar funds fabricating about 0.34 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Taiwan Closed is roughly 2.98 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Taiwan Closed's earnings, one of the primary drivers of an investment's value.Taiwan Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Taiwan Closed's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Taiwan Closed could also be used in its relative valuation, which is a method of valuing Taiwan Closed by comparing valuation metrics of similar companies.Taiwan Closed is currently under evaluation in price to earning among similar funds.
Taiwan Fundamentals
| Return On Equity | 27.68 | ||||
| Return On Asset | -0.06 | ||||
| Operating Margin | (6.04) % | ||||
| Current Valuation | 125.88 M | ||||
| Shares Outstanding | 7.47 M | ||||
| Shares Owned By Institutions | 89.81 % | ||||
| Number Of Shares Shorted | 1.45 K | ||||
| Price To Earning | 2.41 X | ||||
| Price To Book | 0.81 X | ||||
| Price To Sales | 42.14 X | ||||
| Revenue | 4.15 M | ||||
| Gross Profit | 3.98 M | ||||
| Net Income | 75.96 M | ||||
| Cash And Equivalents | 13.78 M | ||||
| Cash Per Share | 1.85 X | ||||
| Current Ratio | 11.94 X | ||||
| Book Value Per Share | 28.79 X | ||||
| Short Ratio | 0.10 X | ||||
| Earnings Per Share | 9.71 X | ||||
| Number Of Employees | 13 | ||||
| Beta | 1.05 | ||||
| Market Capitalization | 121.08 M | ||||
| Annual Yield | 0.54 % | ||||
| Year To Date Return | 27.94 % | ||||
| One Year Return | 33.31 % | ||||
| Three Year Return | 9.97 % | ||||
| Five Year Return | 23.18 % | ||||
| Last Dividend Paid | 0.48 |
About Taiwan Closed Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Taiwan Closed's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Taiwan Closed using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Taiwan Closed based on its fundamental data. In general, a quantitative approach, as applied to this fund, 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.
Please read more on our fundamental analysis page.The Taiwan Fund, Inc. is a closed-ended equity mutual fund launched and managed by Nomura Asset Management U.S.A. Inc. It invests in the public equity markets of Taiwan. The fund seeks to invest in stocks of companies operating across diversified sectors. It employs fundamental analysis focusing on such factors as overall growth prospects, competitive position in the respective industry, technology, research, and development, productivity, labor costs, raw material costs and sources, profit margins, return on investment, capital resources, government regulation, and management to create its portfolio. The fund benchmarks the performance of its portfolio against the TAIEX Total Return Index. The Taiwan Fund, Inc. was formed on December 23, 1986 and is domiciled in the United States.
Pair Trading with Taiwan Closed
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 Taiwan Closed 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 Taiwan Closed will appreciate offsetting losses from the drop in the long position's value.Moving against Taiwan Fund
The ability to find closely correlated positions to Taiwan Closed could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Taiwan Closed 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 Taiwan Closed - 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 Taiwan Closed to buy it.
The correlation of Taiwan Closed 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 Taiwan Closed moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Taiwan Closed 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 Taiwan Closed 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.Other Information on Investing in Taiwan Fund
Taiwan Closed financial ratios help investors to determine whether Taiwan Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Taiwan with respect to the benefits of owning Taiwan Closed security.
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