DongWon Development (Korea) Market Value
DongWon Development's market value is the price at which a share of DongWon Development trades on a public exchange. It measures the collective expectations of DongWon Development CoLtd investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of DongWon Development CoLtd and determine expected loss or profit from investing in DongWon Development over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Symbol | DongWon |
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Pair Trading with DongWon Development
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 DongWon Development 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 DongWon Development will appreciate offsetting losses from the drop in the long position's value.Moving against DongWon Stock
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The ability to find closely correlated positions to DongWon Development could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DongWon Development 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 DongWon Development - 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 DongWon Development CoLtd to buy it.
The correlation of DongWon Development 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 DongWon Development moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DongWon Development 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 DongWon Development 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 DongWon Stock
DongWon Development financial ratios help investors to determine whether DongWon 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 DongWon with respect to the benefits of owning DongWon Development security.