Kt Submarine Telecom Stock Probability Of Bankruptcy
| 060370 Stock | 17,330 180.00 1.05% |
060370 |
KT Submarine Telecom Company chance of distress Analysis
KT Submarine's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current KT Submarine Probability Of Bankruptcy | Less than 30% |
Most of KT Submarine's fundamental indicators, such as Probability Of Bankruptcy, 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, KT Submarine Telecom is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of KT Submarine probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting KT Submarine odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of KT Submarine Telecom financial health.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
| Competition |
Based on the latest financial disclosure, KT Submarine Telecom has a Probability Of Bankruptcy of 30.0%. This is much higher than that of the Other sector and significantly higher than that of the Other industry. The probability of bankruptcy for all Republic of Korea stocks is notably lower than that of the firm.
060370 Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses KT Submarine's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of KT Submarine could also be used in its relative valuation, which is a method of valuing KT Submarine by comparing valuation metrics of similar companies.KT Submarine is currently under evaluation in probability of bankruptcy category among its peers.
060370 Fundamentals
| Revenue | 29.88 B | |||
| EBITDA | 4.48 B | |||
| Net Income | (3.18 B) | |||
| Cash Flow From Operations | 10.25 B | |||
| Total Asset | 110.39 B | |||
| Net Asset | 110.39 B |
About KT Submarine Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze KT Submarine Telecom's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of KT Submarine using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of KT Submarine Telecom 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 KT Submarine
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 KT Submarine 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 KT Submarine will appreciate offsetting losses from the drop in the long position's value.Moving together with 060370 Stock
Moving against 060370 Stock
The ability to find closely correlated positions to KT Submarine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KT Submarine 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 KT Submarine - 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 KT Submarine Telecom to buy it.
The correlation of KT Submarine 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 KT Submarine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KT Submarine Telecom 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 KT Submarine 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 060370 Stock
KT Submarine financial ratios help investors to determine whether 060370 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 060370 with respect to the benefits of owning KT Submarine security.