Knotus Coltd Stock Beta
| 278650 Stock | KRW 1,980 25.00 1.25% |
KNOTUS CoLtd fundamentals help investors to digest information that contributes to KNOTUS CoLtd's financial success or failures. It also enables traders to predict the movement of KNOTUS Stock. The fundamental analysis module provides a way to measure KNOTUS CoLtd'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 KNOTUS CoLtd stock.
KNOTUS |
KNOTUS CoLtd Company Beta Analysis
KNOTUS CoLtd's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, KNOTUS CoLtd has a Beta of 0.0. This is 100.0% lower than that of the Healthcare sector and about the same as Biotechnology & Medical Research (which currently averages 0.0) industry. The beta for all Republic of Korea stocks is 100.0% lower than that of the firm.
KNOTUS Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses KNOTUS CoLtd's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of KNOTUS CoLtd could also be used in its relative valuation, which is a method of valuing KNOTUS CoLtd by comparing valuation metrics of similar companies.KNOTUS CoLtd is currently under evaluation in beta category among its peers.
KNOTUS Fundamentals
| Return On Equity | 5.7 | |||
| Profit Margin | 0.13 % | |||
| Operating Margin | 0.16 % | |||
| Current Valuation | 199.92 B | |||
| Shares Owned By Insiders | 49.21 % | |||
| Shares Owned By Institutions | 0.82 % | |||
| Revenue | 64.4 B | |||
| Gross Profit | 42.7 B | |||
| EBITDA | 7.74 B | |||
| Net Income | 10.31 B | |||
| Cash And Equivalents | 6.16 B | |||
| Total Debt | 11.27 B | |||
| Debt To Equity | 0.13 % | |||
| Current Ratio | 1.69 X | |||
| Cash Flow From Operations | 8.46 B | |||
| Number Of Employees | 164 | |||
| Market Capitalization | 336.43 B | |||
| Total Asset | 93.4 B | |||
| Z Score | 17.4 | |||
| Net Asset | 93.4 B |
About KNOTUS CoLtd Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze KNOTUS CoLtd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of KNOTUS CoLtd using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of KNOTUS CoLtd 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 KNOTUS CoLtd
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 KNOTUS CoLtd 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 KNOTUS CoLtd will appreciate offsetting losses from the drop in the long position's value.Moving together with KNOTUS Stock
Moving against KNOTUS Stock
| 0.68 | 041510 | SM Entertainment | PairCorr |
| 0.64 | 035420 | Naver | PairCorr |
| 0.55 | 078160 | MEDIPOST | PairCorr |
| 0.55 | 011390 | Busan Industrial | PairCorr |
| 0.47 | 032640 | LG Uplus | PairCorr |
The ability to find closely correlated positions to KNOTUS CoLtd could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KNOTUS CoLtd 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 KNOTUS CoLtd - 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 KNOTUS CoLtd to buy it.
The correlation of KNOTUS CoLtd 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 KNOTUS CoLtd moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KNOTUS CoLtd 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 KNOTUS CoLtd 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 KNOTUS Stock
KNOTUS CoLtd financial ratios help investors to determine whether KNOTUS 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 KNOTUS with respect to the benefits of owning KNOTUS CoLtd security.