Lig Es Spac Stock Total Asset

220260 Stock  KRW 4,315  5.00  0.12%   
LIG ES SPAC fundamentals help investors to digest information that contributes to LIG-ES SPAC's financial success or failures. It also enables traders to predict the movement of LIG-ES Stock. The fundamental analysis module provides a way to measure LIG-ES SPAC'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 LIG-ES SPAC 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.

LIG ES SPAC Company Total Asset Analysis

LIG-ES SPAC's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

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Tangible Assets

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Intangible Assets

More About Total Asset | All Equity Analysis

Current LIG-ES SPAC Total Asset

    
  95.24 B  
Most of LIG-ES SPAC's fundamental indicators, such as Total Asset, 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, LIG ES SPAC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Based on the latest financial disclosure, LIG ES SPAC has a Total Asset of 95.24 B. This is much higher than that of the Basic Materials sector and significantly higher than that of the Chemicals industry. The total asset for all Republic of Korea stocks is significantly lower than that of the firm.

LIG-ES Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LIG-ES SPAC's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of LIG-ES SPAC could also be used in its relative valuation, which is a method of valuing LIG-ES SPAC by comparing valuation metrics of similar companies.
LIG ES is currently under evaluation in total asset category among its peers.

LIG-ES Fundamentals

About LIG-ES SPAC Fundamental Analysis

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

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 LIG-ES SPAC 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 LIG-ES SPAC will appreciate offsetting losses from the drop in the long position's value.

Moving together with LIG-ES Stock

  0.65213420 DukSan Neolux CoLtdPairCorr

Moving against LIG-ES Stock

  0.5373220 LG Energy SolutionPairCorr
  0.41051910 LG ChemicalsPairCorr
  0.34051915 LG ChemPairCorr
The ability to find closely correlated positions to LIG-ES SPAC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LIG-ES SPAC 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 LIG-ES SPAC - 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 LIG ES SPAC to buy it.
The correlation of LIG-ES SPAC 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 LIG-ES SPAC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LIG ES SPAC 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 LIG-ES SPAC 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 LIG-ES Stock

LIG-ES SPAC financial ratios help investors to determine whether LIG-ES 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 LIG-ES with respect to the benefits of owning LIG-ES SPAC security.