Dongwha Enterprise Ownership
| 025900 Stock | KRW 8,810 50.00 0.57% |
Dongwha |
Dongwha Stock Ownership Analysis
About 69.0% of the company shares are owned by insiders or employees . The company last dividend was issued on the 26th of December 1970. Dongwha Enterprise CoLtd had 3:2 split on the 27th of December 2018. The company offers wood panels, such as particle boards, medium density fiberboards, and melamine faced boards and chemical materials, including low pressure melamine, phenolic surface paper, and resin products. ,Ltd was founded in 1948 and is headquartered in Seoul, South Korea. DONGWHA ENTERPRISE is traded on Korean Securities Dealers Automated Quotations in South Korea. For more info on Dongwha Enterprise CoLtd please contact Hong Kim at 82 2 2122 0589 or go to https://www.dongwha.co.kr.Dongwha Enterprise Outstanding Bonds
Dongwha Enterprise 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. Dongwha Enterprise CoLtd 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 Dongwha bonds can be classified according to their maturity, which is the date when Dongwha Enterprise CoLtd 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.
Pair Trading with Dongwha Enterprise
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 Dongwha Enterprise 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 Dongwha Enterprise will appreciate offsetting losses from the drop in the long position's value.Moving together with Dongwha Stock
| 0.84 | 051910 | LG Chemicals Earnings Call This Week | PairCorr |
| 0.92 | 005490 | POSCO Holdings | PairCorr |
| 0.86 | 009830 | Hanwha Solutions | PairCorr |
| 0.91 | 011170 | Lotte Chemical Corp | PairCorr |
| 0.93 | 004020 | Hyundai Steel Earnings Call This Week | PairCorr |
Moving against Dongwha Stock
The ability to find closely correlated positions to Dongwha Enterprise could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dongwha Enterprise 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 Dongwha Enterprise - 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 Dongwha Enterprise CoLtd to buy it.
The correlation of Dongwha Enterprise 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 Dongwha Enterprise moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dongwha Enterprise 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 Dongwha Enterprise 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 Dongwha Stock
Dongwha Enterprise financial ratios help investors to determine whether Dongwha 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 Dongwha with respect to the benefits of owning Dongwha Enterprise security.