Korea Financial Statements From 2010 to 2025
| 058400 Stock | 810.00 2.00 0.25% |
Check Korea New financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Korea New's main balance sheet or income statement drivers, such as , as well as many indicators such as . Korea financial statements analysis is a perfect complement when working with Korea New Valuation or Volatility modules.
Korea |
Korea New Network Company Price To Earning Analysis
Korea New'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 Korea New Price To Earning | 19.79 X |
Most of Korea New'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, Korea New Network 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.
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Based on the latest financial disclosure, Korea New Network has a Price To Earning of 19.79 times. This is much higher than that of the sector and significantly higher than that of the Price To Earning industry. The price to earning for all Republic of Korea stocks is notably lower than that of the firm.
Korea New Network Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Korea New's current stock value. Our valuation model uses many indicators to compare Korea New value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Korea New competition to find correlations between indicators driving Korea New's intrinsic value. More Info.Korea New Network is number one stock in return on asset category among its peers. It also is number one stock in profit margin category among its peers fabricating about 4.02 of Profit Margin per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Korea New by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Korea New's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Korea New Financial Statements
Korea New stakeholders use historical fundamental indicators, such as Korea New's revenue or net income, to determine how well the company is positioned to perform in the future. Although Korea New investors may analyze each financial statement separately, they are all interrelated. For example, changes in Korea New's assets and liabilities are reflected in the revenues and expenses on Korea New'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 Korea New Network. Please read more on our technical analysis and fundamental analysis pages.
Korea New Network Co., Ltd. is engaged in the broadcasting business in South Korea.
Pair Trading with Korea New
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 Korea New 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 Korea New will appreciate offsetting losses from the drop in the long position's value.Moving against Korea Stock
| 0.49 | 105560 | KB Financial Group | PairCorr |
| 0.47 | 005387 | Hyundai Motor | PairCorr |
| 0.44 | 005385 | Hyundai Motor | PairCorr |
The ability to find closely correlated positions to Korea New could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Korea New 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 Korea New - 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 Korea New Network to buy it.
The correlation of Korea New 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 Korea New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Korea New Network 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 Korea New 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 Korea Stock
Korea New financial ratios help investors to determine whether Korea 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 Korea with respect to the benefits of owning Korea New security.