Sangsangin Investment Securities Stock Cash Per Share

001290 Stock   413.00  12.00  2.99%   
Sangsangin Investment Securities fundamentals help investors to digest information that contributes to Sangsangin Investment's financial success or failures. It also enables traders to predict the movement of Sangsangin Stock. The fundamental analysis module provides a way to measure Sangsangin Investment's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sangsangin Investment stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Sangsangin Investment Securities Company Cash Per Share Analysis

Sangsangin Investment's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

In accordance with the recently published financial statements, Sangsangin Investment Securities has a Cash Per Share of 0.0 times. This is 100.0% lower than that of the Capital Markets sector and about the same as Financials (which currently averages 0.0) industry. The cash per share for all Republic of Korea stocks is 100.0% higher than that of the company.

Did you try this?

Run Portfolio Rebalancing Now

   

Portfolio Rebalancing

Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
All  Next Launch Module

Sangsangin Fundamentals

About Sangsangin Investment Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sangsangin Investment Securities's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sangsangin Investment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sangsangin Investment Securities based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Sangsangin Investment

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 Sangsangin Investment 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 Sangsangin Investment will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sangsangin Stock

  0.78034830 Korea Real EstatePairCorr
  0.84053080 Wonbang TechPairCorr

Moving against Sangsangin Stock

  0.63034950 Korea RatingsPairCorr
The ability to find closely correlated positions to Sangsangin Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sangsangin Investment 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 Sangsangin Investment - 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 Sangsangin Investment Securities to buy it.
The correlation of Sangsangin Investment 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 Sangsangin Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sangsangin Investment 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 Sangsangin Investment 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Sangsangin Stock

Sangsangin Investment financial ratios help investors to determine whether Sangsangin 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 Sangsangin with respect to the benefits of owning Sangsangin Investment security.