Dragonfly Financial Statements From 2010 to 2024
| 030350 Stock | KRW 237.00 6.00 2.47% |
Check Dragonfly financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dragonfly's main balance sheet or income statement drivers, such as , as well as many indicators such as . Dragonfly financial statements analysis is a perfect complement when working with Dragonfly Valuation or Volatility modules.
Dragonfly |
Dragonfly GF Co Company Price To Book Analysis
Dragonfly's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Dragonfly Price To Book | 3.80 X |
Most of Dragonfly's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dragonfly GF Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
CompetitionBased on the latest financial disclosure, Dragonfly GF Co has a Price To Book of 3.8 times. This is much higher than that of the sector and significantly higher than that of the Price To Book industry. The price to book for all Republic of Korea stocks is notably lower than that of the firm.
Dragonfly GF Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Dragonfly's current stock value. Our valuation model uses many indicators to compare Dragonfly value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dragonfly competition to find correlations between indicators driving Dragonfly's intrinsic value. More Info.Dragonfly GF Co is number one stock in return on asset category among its peers. It is rated below average in profit margin category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Dragonfly by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dragonfly'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.About Dragonfly Financial Statements
Dragonfly stakeholders use historical fundamental indicators, such as Dragonfly's revenue or net income, to determine how well the company is positioned to perform in the future. Although Dragonfly investors may analyze each financial statement separately, they are all interrelated. For example, changes in Dragonfly's assets and liabilities are reflected in the revenues and expenses on Dragonfly's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Dragonfly GF Co. Please read more on our technical analysis and fundamental analysis pages.
Dragonfly GF Co., Ltd engages in the online game development activities primarily in South Korea.
Pair Trading with Dragonfly
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 Dragonfly 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 Dragonfly will appreciate offsetting losses from the drop in the long position's value.Moving together with Dragonfly Stock
Moving against Dragonfly Stock
The ability to find closely correlated positions to Dragonfly could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dragonfly 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 Dragonfly - 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 Dragonfly GF Co to buy it.
The correlation of Dragonfly 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 Dragonfly moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dragonfly GF 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 Dragonfly 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 Dragonfly Stock
Dragonfly financial ratios help investors to determine whether Dragonfly 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 Dragonfly with respect to the benefits of owning Dragonfly security.