Playd Co Stock Price To Earnings To Growth

237820 Stock  KRW 5,680  10.00  0.18%   
PlayD Co fundamentals help investors to digest information that contributes to PlayD Co's financial success or failures. It also enables traders to predict the movement of PlayD Stock. The fundamental analysis module provides a way to measure PlayD Co'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 PlayD Co 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.

PlayD Co Company Price To Earnings To Growth Analysis

PlayD Co's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
Competition
Based on the latest financial disclosure, PlayD Co has a Price To Earnings To Growth of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Media & Publishing (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).

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PlayD Fundamentals

About PlayD Co Fundamental Analysis

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

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 PlayD Co 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 PlayD Co will appreciate offsetting losses from the drop in the long position's value.

Moving against PlayD Stock

  0.34000400 Lotte Non LifePairCorr
  0.33241840 ASTORY CoLtdPairCorr
The ability to find closely correlated positions to PlayD Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PlayD Co 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 PlayD Co - 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 PlayD Co to buy it.
The correlation of PlayD Co 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 PlayD Co moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PlayD Co 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 PlayD Co 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 PlayD Stock

PlayD Co financial ratios help investors to determine whether PlayD 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 PlayD with respect to the benefits of owning PlayD Co security.