Choil Aluminum Ownership
| 018470 Stock | 1,645 15.00 0.92% |
Choil |
Choil Stock Ownership Analysis
About 43.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.77. In the past many companies with similar price-to-book ratios have beat the market. Choil Aluminum last dividend was issued on the 27th of December 2017. The entity had 10:1 split on the 18th of April 2012. For more info on Choil Aluminum please contact Youngho Lee at 82 5 3856 5252 or go to https://www.choilal.co.kr.Choil Aluminum Outstanding Bonds
Choil Aluminum issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Choil Aluminum uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Choil bonds can be classified according to their maturity, which is the date when Choil Aluminum has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Pair Trading with Choil Aluminum
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 Choil Aluminum 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 Choil Aluminum will appreciate offsetting losses from the drop in the long position's value.Moving together with Choil Stock
Moving against Choil Stock
The ability to find closely correlated positions to Choil Aluminum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Choil Aluminum 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 Choil Aluminum - 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 Choil Aluminum to buy it.
The correlation of Choil Aluminum 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 Choil Aluminum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Choil Aluminum 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 Choil Aluminum 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 Choil Stock
Choil Aluminum financial ratios help investors to determine whether Choil 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 Choil with respect to the benefits of owning Choil Aluminum security.