Hansol Financial Statements From 2010 to 2024
| 014680 Stock | 96,300 1,100 1.13% |
Check Hansol Chemical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hansol Chemical's main balance sheet or income statement drivers, such as , as well as many indicators such as . Hansol financial statements analysis is a perfect complement when working with Hansol Chemical Valuation or Volatility modules.
Hansol |
About Hansol Chemical Financial Statements
Hansol Chemical stakeholders use historical fundamental indicators, such as Hansol Chemical's revenue or net income, to determine how well the company is positioned to perform in the future. Although Hansol Chemical investors may analyze each financial statement separately, they are all interrelated. For example, changes in Hansol Chemical's assets and liabilities are reflected in the revenues and expenses on Hansol Chemical's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Hansol Chemical Co. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with Hansol Chemical
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 Hansol Chemical 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 Hansol Chemical will appreciate offsetting losses from the drop in the long position's value.Moving together with Hansol Stock
Moving against Hansol Stock
| 0.91 | 035420 | Naver | PairCorr |
| 0.9 | 035900 | JYP Entertainment | PairCorr |
| 0.84 | 122870 | YG Entertainment | PairCorr |
| 0.82 | 032640 | LG Uplus | PairCorr |
| 0.79 | 078160 | MEDIPOST | PairCorr |
The ability to find closely correlated positions to Hansol Chemical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hansol Chemical 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 Hansol Chemical - 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 Hansol Chemical Co to buy it.
The correlation of Hansol Chemical 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 Hansol Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hansol Chemical 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 Hansol Chemical 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 Hansol Stock
Hansol Chemical financial ratios help investors to determine whether Hansol Stock 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 Hansol with respect to the benefits of owning Hansol Chemical security.