Playgram Co Stock Cash Per Share

009810 Stock   365.00  2.00  0.55%   
Playgram Co fundamentals help investors to digest information that contributes to Playgram's financial success or failures. It also enables traders to predict the movement of Playgram Stock. The fundamental analysis module provides a way to measure Playgram'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 Playgram 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.

Playgram Co Company Cash Per Share Analysis

Playgram'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, Playgram Co has a Cash Per Share of 0.0 times. This is 100.0% lower than that of the Containers & Packaging sector and 100.0% lower than that of the Materials 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 Fundamentals Comparison Now

   

Fundamentals Comparison

Compare fundamentals across multiple equities to find investing opportunities
All  Next Launch Module

Playgram Fundamentals

About Playgram Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Playgram Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Playgram using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Playgram Co 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 Playgram

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

Moving against Playgram Stock

  0.33001430 SeAH BesteePairCorr
The ability to find closely correlated positions to Playgram could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Playgram 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 Playgram - 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 Playgram Co to buy it.
The correlation of Playgram 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 Playgram moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Playgram 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 Playgram 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 Playgram Stock

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