Sungwoo Hitech Co Stock Annual Yield
| 015750 Stock | 5,250 10.00 0.19% |
Sungwoo Hitech Co fundamentals help investors to digest information that contributes to Sungwoo Hitech's financial success or failures. It also enables traders to predict the movement of Sungwoo Stock. The fundamental analysis module provides a way to measure Sungwoo Hitech'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 Sungwoo Hitech stock.
Sungwoo |
Sungwoo Hitech Co Company Annual Yield Analysis
Sungwoo Hitech's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
| Competition |
In accordance with the recently published financial statements, Sungwoo Hitech Co has an Annual Yield of 0.0%. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Annual Yield (which currently averages 0.0) industry. This indicator is about the same for all Republic of Korea stocks average (which is currently at 0.0).
Sungwoo Annual Yield Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sungwoo Hitech's direct or indirect competition against its Annual Yield to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sungwoo Hitech could also be used in its relative valuation, which is a method of valuing Sungwoo Hitech by comparing valuation metrics of similar companies.Sungwoo Hitech is currently under evaluation in annual yield category among its peers.
Sungwoo Fundamentals
| Revenue | 3.35 T | |||
| EBITDA | 330.24 B | |||
| Net Income | 44.93 B | |||
| Total Debt | 410.36 B | |||
| Cash Flow From Operations | 254.14 B | |||
| Total Asset | 3.51 T | |||
| Net Asset | 3.51 T |
About Sungwoo Hitech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sungwoo Hitech Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sungwoo Hitech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sungwoo Hitech 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 Sungwoo Hitech
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 Sungwoo Hitech 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 Sungwoo Hitech will appreciate offsetting losses from the drop in the long position's value.Moving together with Sungwoo Stock
Moving against Sungwoo Stock
| 0.59 | 051915 | LG Chem | PairCorr |
| 0.43 | 006400 | Samsung SDI | PairCorr |
| 0.34 | 373220 | LG Energy Solution | PairCorr |
| 0.34 | 055550 | Shinhan Financial | PairCorr |
| 0.33 | 051910 | LG Chemicals | PairCorr |
The ability to find closely correlated positions to Sungwoo Hitech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sungwoo Hitech 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 Sungwoo Hitech - 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 Sungwoo Hitech Co to buy it.
The correlation of Sungwoo Hitech 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 Sungwoo Hitech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sungwoo Hitech 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 Sungwoo Hitech 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 Sungwoo Stock
Sungwoo Hitech financial ratios help investors to determine whether Sungwoo 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 Sungwoo with respect to the benefits of owning Sungwoo Hitech security.