Kpx Green Chemical Stock Current Valuation
| 083420 Stock | 6,400 300.00 4.48% |
Valuation analysis of KPX Green Chemical helps investors to measure KPX Green's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that KPX Green's price fluctuation is very steady at this time. Calculation of the real value of KPX Green Chemical is based on 3 months time horizon. Increasing KPX Green's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since KPX Green is currently traded on the exchange, buyers and sellers on that exchange determine the market value of KPX Stock. However, KPX Green's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 6400.0 | Real 4992.75 | Hype 6400.0 | Naive 7369.53 |
The real value of KPX Stock, also known as its intrinsic value, is the underlying worth of KPX Green Chemical Company, which is reflected in its stock price. It is based on KPX Green's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of KPX Green's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of KPX Green Chemical helps investors to forecast how KPX stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of KPX Green more accurately as focusing exclusively on KPX Green's fundamentals will not take into account other important factors: KPX Green Chemical Company Current Valuation Analysis
KPX Green's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, KPX Green Chemical has a Current Valuation of 0.0. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Other (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).
KPX Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses KPX Green's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of KPX Green could also be used in its relative valuation, which is a method of valuing KPX Green by comparing valuation metrics of similar companies.KPX Green is currently under evaluation in current valuation category among its peers.
About KPX Green Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze KPX Green Chemical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of KPX Green using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of KPX Green Chemical 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 KPX Green
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 KPX Green 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 KPX Green will appreciate offsetting losses from the drop in the long position's value.Moving together with KPX Stock
| 0.74 | 293780 | AptaBio Therapeutics | PairCorr |
| 0.64 | 215480 | Daewoo SBI SPAC | PairCorr |
| 0.82 | 302430 | Innometry | PairCorr |
Moving against KPX Stock
| 0.76 | 122870 | YG Entertainment | PairCorr |
| 0.74 | 041510 | SM Entertainment | PairCorr |
| 0.73 | 003535 | Hanwha InvestmentSecuri | PairCorr |
| 0.72 | 071055 | Korea Investment Holdings | PairCorr |
| 0.7 | 003490 | Korean Air Lines | PairCorr |
The ability to find closely correlated positions to KPX Green could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KPX Green 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 KPX Green - 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 KPX Green Chemical to buy it.
The correlation of KPX Green 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 KPX Green moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KPX Green Chemical 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 KPX Green 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 KPX Stock
KPX Green financial ratios help investors to determine whether KPX 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 KPX with respect to the benefits of owning KPX Green security.