Kcc Engineering Construction Stock Beneish M Score
| 021320 Stock | KRW 4,135 40.00 0.98% |
KCC |
At this time, KCC Engineering's M Score is inapplicable. The earnings manipulation may begin if KCC Engineering's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by KCC Engineering executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of KCC Engineering's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Inapplicable
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About KCC Engineering Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze KCC Engineering Construction's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of KCC Engineering using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of KCC Engineering Construction 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 KCC Engineering
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 KCC Engineering 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 KCC Engineering will appreciate offsetting losses from the drop in the long position's value.Moving together with KCC Stock
Moving against KCC Stock
The ability to find closely correlated positions to KCC Engineering could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KCC Engineering 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 KCC Engineering - 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 KCC Engineering Construction to buy it.
The correlation of KCC Engineering 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 KCC Engineering moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KCC Engineering Cons 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 KCC Engineering 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 KCC Stock
KCC Engineering financial ratios help investors to determine whether KCC 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 KCC with respect to the benefits of owning KCC Engineering security.