Tae Kwang Ownership
| 023160 Stock | KRW 23,550 950.00 3.88% |
Tae |
Tae Stock Ownership Analysis
About 46.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 0.59. In the past many companies with similar price-to-book ratios have beat the market. Tae Kwang had not issued any dividends in recent years. The entity had a split on the 29th of December 2014. Tae Kwang Corporation manufactures, supplies, and sells butt weld pipe fittings for oil and gas, chemical and petrochemical, power plant, and shipbuilding businesses in Korea and internationally. Tae Kwang Corporation was founded in 1965 and is headquartered in Busan, South Korea. TKCORP is traded on Korean Securities Dealers Automated Quotations in South Korea. For more info on Tae Kwang please contact the company at 82 5 1970 6600 or go to http://www.tkbend.co.kr.Tae Kwang Outstanding Bonds
Tae Kwang 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. Tae Kwang 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 Tae bonds can be classified according to their maturity, which is the date when Tae Kwang 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.
| Dana 575 percent Corp BondUS235822AB96 | View | |
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| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Pair Trading with Tae Kwang
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 Tae Kwang 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 Tae Kwang will appreciate offsetting losses from the drop in the long position's value.Moving together with Tae Stock
Moving against Tae Stock
| 0.88 | 051915 | LG Chem | PairCorr |
| 0.8 | 006400 | Samsung SDI | PairCorr |
| 0.68 | 051910 | LG Chemicals | PairCorr |
| 0.67 | 373220 | LG Energy Solution | PairCorr |
| 0.66 | 032830 | Samsung Life | PairCorr |
The ability to find closely correlated positions to Tae Kwang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tae Kwang 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 Tae Kwang - 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 Tae Kwang to buy it.
The correlation of Tae Kwang 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 Tae Kwang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tae Kwang 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 Tae Kwang 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 Tae Stock
Tae Kwang financial ratios help investors to determine whether Tae 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 Tae with respect to the benefits of owning Tae Kwang security.