Sungdo Engineering Ownership
| 037350 Stock | 4,005 25.00 0.62% |
Sungdo |
Sungdo Stock Ownership Analysis
About 37.0% of the company shares are owned by insiders or employees . The company had not issued any dividends in recent years. Sungdo Engineering had 1078:929 split on the 29th of November 2001. Sungdo Engineering & Construction Co., Ltd. For more info on Sungdo Engineering Construction please contact the company at 82 2 6244 5200 or go to https://www.sungdokorea.com.Sungdo Engineering Outstanding Bonds
Sungdo Engineering 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. Sungdo Engineering 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 Sungdo bonds can be classified according to their maturity, which is the date when Sungdo Engineering Construction 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 | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Pair Trading with Sungdo Engineering
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 Sungdo Engineering 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 Sungdo Engineering will appreciate offsetting losses from the drop in the long position's value.Moving against Sungdo Stock
| 0.6 | 000660 | SK Hynix | PairCorr |
| 0.49 | 011200 | HMM Co | PairCorr |
| 0.45 | 035420 | Naver | PairCorr |
| 0.36 | 005490 | POSCO Holdings | PairCorr |
| 0.36 | 005385 | Hyundai Motor | PairCorr |
The ability to find closely correlated positions to Sungdo Engineering could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sungdo Engineering 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 Sungdo Engineering - 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 Sungdo Engineering Construction to buy it.
The correlation of Sungdo Engineering 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 Sungdo Engineering moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sungdo Engineering 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 Sungdo Engineering 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 Sungdo Stock
Sungdo Engineering financial ratios help investors to determine whether Sungdo 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 Sungdo with respect to the benefits of owning Sungdo Engineering security.