Woori Financial Ownership
| 316140 Stock | 16,930 140.00 0.83% |
Woori |
Woori Stock Ownership Analysis
About 19.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 0.33. In the past many companies with similar price-to-book ratios have beat the market. Woori Financial Group has Price/Earnings To Growth (PEG) ratio of 0.72. The entity recorded earning per share (EPS) of 770.03. The firm last dividend was issued on the 28th of December 2022. For more info on Woori Financial Group please contact TaeSeung Son at 82 2 2125 2050 or go to https://www.woorifg.com.Woori Financial Outstanding Bonds
Woori Financial 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. Woori Financial Group 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 Woori bonds can be classified according to their maturity, which is the date when Woori Financial Group 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 Woori Financial
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 Woori Financial 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 Woori Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Woori Stock
| 0.85 | 086790 | Hana Financial | PairCorr |
| 0.73 | 323410 | KakaoBank Corp | PairCorr |
| 0.88 | 024110 | Industrial Bank | PairCorr |
Moving against Woori Stock
| 0.77 | 215480 | Daewoo SBI SPAC | PairCorr |
| 0.55 | 055550 | Shinhan Financial | PairCorr |
| 0.48 | 203650 | Dream Security co | PairCorr |
The ability to find closely correlated positions to Woori Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Woori Financial 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 Woori Financial - 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 Woori Financial Group to buy it.
The correlation of Woori Financial 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 Woori Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Woori Financial Group 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 Woori Financial 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.Additional Information and Resources on Investing in Woori Stock
When determining whether Woori Financial Group is a strong investment it is important to analyze Woori Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Woori Financial's future performance. For an informed investment choice regarding Woori Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Woori Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.