Lg Chemicals Stock Market Capitalization

051910 Stock   301,000  6,000  1.95%   
LG Chemicals fundamentals help investors to digest information that contributes to LG Chemicals' financial success or failures. It also enables traders to predict the movement of 051910 Stock. The fundamental analysis module provides a way to measure LG Chemicals' 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 LG Chemicals 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.

LG Chemicals Company Market Capitalization Analysis

LG Chemicals' Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Market Cap

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Shares Outstanding

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Share Price

More About Market Capitalization | All Equity Analysis

Current LG Chemicals Market Capitalization

    
  49.76 T  
Most of LG Chemicals' fundamental indicators, such as Market Capitalization, 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, LG Chemicals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Competition

Based on the recorded statements, the market capitalization of LG Chemicals is about 49.76 T. This is much higher than that of the Chemicals sector and significantly higher than that of the Materials industry. The market capitalization for all Republic of Korea stocks is significantly lower than that of the firm.

051910 Market Capitalization Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LG Chemicals' direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of LG Chemicals could also be used in its relative valuation, which is a method of valuing LG Chemicals by comparing valuation metrics of similar companies.
LG Chemicals is currently under evaluation in market capitalization category among its peers.

051910 Fundamentals

About LG Chemicals Fundamental Analysis

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

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

Moving together with 051910 Stock

  0.89005490 POSCO HoldingsPairCorr
  0.74011170 Lotte Chemical CorpPairCorr
  0.86004020 Hyundai SteelPairCorr

Moving against 051910 Stock

  0.42001430 SeAH BesteePairCorr
  0.35024110 Industrial BankPairCorr
The ability to find closely correlated positions to LG Chemicals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LG Chemicals 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 LG Chemicals - 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 LG Chemicals to buy it.
The correlation of LG Chemicals 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 LG Chemicals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LG Chemicals 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 LG Chemicals 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 051910 Stock

LG Chemicals financial ratios help investors to determine whether 051910 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 051910 with respect to the benefits of owning LG Chemicals security.