Osteonic Ownership
| 226400 Stock | KRW 7,110 320.00 4.31% |
Osteonic |
Osteonic Stock Ownership Analysis
About 25.0% of the company shares are owned by insiders or employees . The company had not issued any dividends in recent years. Osteonic had 3:2 split on the 24th of June 2020. Osteonic Co., Ltd. develops, manufactures, and sells bone fixation systems. Osteonic Co., Ltd. was founded in 2012 and is based in Seoul, South Korea. OSTEONIC is traded on Korean Securities Dealers Automated Quotations in South Korea. For more info on Osteonic Co please contact Dong Lee at 82 2 6902 8400 or go to http://www.osteonic.com.Pair Trading with Osteonic
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 Osteonic 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 Osteonic will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Osteonic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Osteonic 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 Osteonic - 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 Osteonic Co to buy it.
The correlation of Osteonic 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 Osteonic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Osteonic 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 Osteonic 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 Osteonic Stock
Osteonic financial ratios help investors to determine whether Osteonic 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 Osteonic with respect to the benefits of owning Osteonic security.