MEDICOX Current Valuation vs. Gross Profit
| 054180 Stock | KRW 314.00 1.00 0.32% |
For MEDICOX profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MEDICOX to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MEDICOX Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MEDICOX's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MEDICOX Co over time as well as its relative position and ranking within its peers.
MEDICOX |
MEDICOX Gross Profit vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MEDICOX's current stock value. Our valuation model uses many indicators to compare MEDICOX value to that of its competitors to determine the firm's financial worth. MEDICOX Co is the top company in current valuation category among its peers. It also is number one stock in gross profit category among its peers fabricating about 0.01 of Gross Profit per Current Valuation. The ratio of Current Valuation to Gross Profit for MEDICOX Co is roughly 69.43 . Comparative valuation analysis is a catch-all model that can be used if you cannot value MEDICOX by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MEDICOX's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.MEDICOX Current Valuation vs. Competition
MEDICOX Co is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Machinery, Tools, Heavy Vehicles, Trains & Ships industry is presently estimated at about 936.52 Billion. MEDICOX retains roughly 145.48 Billion in current valuation claiming about 16% of all equities under Machinery, Tools, Heavy Vehicles, Trains & Ships industry.
MEDICOX Gross Profit vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
MEDICOX |
| = | 145.48 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
MEDICOX |
| = | 2.1 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
MEDICOX Gross Profit Comparison
MEDICOX is currently under evaluation in gross profit category among its peers.
MEDICOX Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MEDICOX, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MEDICOX will eventually generate negative long term returns. The profitability progress is the general direction of MEDICOX's change in net profit over the period of time. It can combine multiple indicators of MEDICOX, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
ChoongAng Ocean Co., Ltd. engages in shipbuilding, display, alternative energy, and other businesses.
MEDICOX Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MEDICOX. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of MEDICOX position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the MEDICOX's important profitability drivers and their relationship over time.
Use MEDICOX in pair-trading
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 MEDICOX 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 MEDICOX will appreciate offsetting losses from the drop in the long position's value.MEDICOX Pair Trading
MEDICOX Co Pair Trading Analysis
The ability to find closely correlated positions to MEDICOX could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MEDICOX 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 MEDICOX - 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 MEDICOX Co to buy it.
The correlation of MEDICOX 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 MEDICOX moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MEDICOX 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 MEDICOX 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.Use Investing Themes to Complement your MEDICOX position
In addition to having MEDICOX in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Office Supplies Thematic Idea Now
Office Supplies
Companies producing and selling office supplies, and accessories. The Office Supplies theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Office Supplies Theme or any other thematic opportunities.
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Other Information on Investing in MEDICOX Stock
To fully project MEDICOX's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MEDICOX at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include MEDICOX's income statement, its balance sheet, and the statement of cash flows.