Digital Financial Statements From 2010 to 2025
| 134580 Stock | 2,085 25.00 1.21% |
Check Digital Multimedia financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Digital Multimedia's main balance sheet or income statement drivers, such as , as well as many indicators such as . Digital financial statements analysis is a perfect complement when working with Digital Multimedia Valuation or Volatility modules.
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Digital Multimedia Technology Company Total Asset Analysis
Digital Multimedia's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Digital Multimedia Total Asset | 55.29 B |
Most of Digital Multimedia's fundamental indicators, such as Total Asset, 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, Digital Multimedia Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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Based on the latest financial disclosure, Digital Multimedia Technology has a Total Asset of 55.29 B. This is much higher than that of the sector and significantly higher than that of the Other industry. The total asset for all Republic of Korea stocks is notably lower than that of the firm.
Digital Multimedia Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Digital Multimedia's current stock value. Our valuation model uses many indicators to compare Digital Multimedia value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Digital Multimedia competition to find correlations between indicators driving Digital Multimedia's intrinsic value. More Info.Digital Multimedia Technology is the top company in revenue category among its peers. It also is number one stock in ebitda category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Digital Multimedia by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Digital Multimedia'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 Digital Multimedia Financial Statements
Digital Multimedia stakeholders use historical fundamental indicators, such as Digital Multimedia's revenue or net income, to determine how well the company is positioned to perform in the future. Although Digital Multimedia investors may analyze each financial statement separately, they are all interrelated. For example, changes in Digital Multimedia's assets and liabilities are reflected in the revenues and expenses on Digital Multimedia'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 Digital Multimedia Technology. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with Digital Multimedia
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 Digital Multimedia 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 Digital Multimedia will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Digital Multimedia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Digital Multimedia 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 Digital Multimedia - 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 Digital Multimedia Technology to buy it.
The correlation of Digital Multimedia 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 Digital Multimedia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Digital Multimedia 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 Digital Multimedia 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 Digital Stock
Digital Multimedia financial ratios help investors to determine whether Digital 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 Digital with respect to the benefits of owning Digital Multimedia security.