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The formation of an investment strategy process includes data collecting, strategy initiating, Screening condition setting, backtesting, and eventually inputting the fund into the market to carry out a strategy. We often have to face the following problems in the process: How to swiftly test the historical performance to ensure the feasibility of investing strategy through […]

Corporate Sustainability Reports (CSR), also known as Corporate Social Responsibility (CSR), is a general term for corporate disclosure of non-financial information, which aims to reveal the strategies, actions, and performance of companies in various economic, environmental, and social issues. CSR is a helpful tool for communicating with stakeholders and examining the effectiveness of corporate policy […]

In News 37 and 38, TEJ introduced what to disclose in the TCFD report and the climate change risks and opportunities disclosed by the semiconductor manufacturer-wafer duo. This article continues to explore the situation upstream of semiconductors. IC design companies have issued TCFD reports in Taiwan, including MediaTek, PixArt Imaging, Faraday, Global Unichip, Elite Sem […]

On December 12, 2015, 195 countries worldwide jointly adopted the Paris Agreement, the main objective of which is to make the average temperature of this century compared to the average temperature before the industrial revolution increase by no more than 2 ℃(3.6 °F). Although Taiwan is not one of the signatories, it is still contributing […]

Monthly operating revenue of Taiwan listed companies was announced before the evening of 7/11, there are 143 companies that had hit a record high. From the industry perspective, the shipping industry is the largest growth in accumulated 2022H1 with an increase of 61% YOY. On the contrary, the financial industry suffered losses due to stock and debt investment evaluation, 2022H1 revenue declined […]

TEJ Quantitative investment database covers three different categories of databases, namely market data, financial accounting data, and corporate action event data. The overall database not only has high coverage of Taiwan stock market information but also is point-in-time, which is necessary for quantitative analysis.

After the robust growth of the economy last year, under the pressure of increasing inflation, the exit of QE and the hike in interest rates have led to a rapid reversal of the global market condition from loose to tight this year. In particular, the economic outlook of the United States and China this year […]

In recent years, the efficiency of the Taiwan stock market has been substantially improved due to regulations of information disclosure and the gradual relaxation of daily price limits. Therefore, the relationship between the price momentum of the Taiwan stock market and the expected return is worthy of further exploration. There are some past research on […]

In the 1970s, Eugene Fama introduced the Efficient-market Hypothesis (EMH). The hypothesis assumes that individuals act as rational economic beings who objectively consider all relevant information to make ration decisions. And therefore, the stock price is reasonably estimated by investors and maintains at its “equilibrium price.” However, in the 1980s, anomalies that could not be […]