Insights

In 1997, Robert Merton and Myron Scholes won the Nobel Prize in Economics for their Black-Scholes options pricing formula, beating out many other contenders. The Black-Scholes model is still a widely-used option pricing model in the financial industry and by investors due to its excellent mathematical properties, simplicity, and ease of use. Today, we will focus on programming this model and Greeks derived from Black Scholes model.

How Will Taiwan's PCB Industry Navigate Geopolitical Winds and Trade Turmoil to Ensure Growth in Exports and Manage Capacity Migration?

Today we will use the “TESG Event Radar” data to fulfill topic modeling, which can help us easily and quickly understand the ESG trends or topics of open data of the government, shareholders meeting report, and ESG report.

The current trend emphasizes gender equality, and the role of women in the corporate world is increasingly important. This article will explore the changes in the global proportion of female directors, the enactment and implementation of laws in various countries, and the impact of female directors on corporate performance. Through this research, we aim to raise awareness and attention to women in the corporate field, promote more outstanding women to step onto the stage of corporate decision-making and bring more value to enterprises.

Do female directors in Taiwanese companies drive growth in corporate governance and the ESG score?

In the previous article, we introduced TESG’s scoring mechanism in detail and its rating ratio among popular ETFs in China. This article will teach readers how to further use the ESG rating provided by TESG, and use Python to construct a concurrent An investment portfolio with sustainable operations and financial growth potential.

  Highlights: Preface Profit-chasing and risk-averse are the innate naturals of all investors. One way to achieve these goals is to predict the future stock movement. In the past, time series models such as ARIMA and GARCH are widely used to characterize the trajectory of future stock prices. Nowadays, As the boom of artificial intelligence, […]

The business opportunities incurred by cybersecurity crises are much larger than you imagine. But before putting your cash in, do you understand the cybersecurity industry chain and its components?

In 2014, the CFA Institute in the US began discussing the incorporation of ESG (Environmental, Social, and Governance) factors into investment decision-making and business valuation. However, the measurement involved in each rating varies greatly, thus confusing users. Given this, TEJ released the “TESG Rating Index (TESG Rating) ” on March 31, 2022, a tool for reference in investment and credit. What’s more, we use the TESG Rating to explore its correlation with commonly-used valuation multiples, such as the price-to-book (P/B) ratio and price-to-earnings (P/E) ratio.