Korea Financial Statements From 2010 to 2024
| 034950 Stock | KRW 88,000 100.00 0.11% |
Check Korea Ratings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Korea Ratings' main balance sheet or income statement drivers, such as , as well as many indicators such as . Korea financial statements analysis is a perfect complement when working with Korea Ratings Valuation or Volatility modules.
Korea |
Korea Ratings Co Company Price To Earning Analysis
Korea Ratings' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Korea Ratings Price To Earning | 17.13 X |
Most of Korea Ratings' fundamental indicators, such as Price To Earning, 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, Korea Ratings Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Korea Ratings Co has a Price To Earning of 17.13 times. This is much higher than that of the sector and significantly higher than that of the Price To Earning industry. The price to earning for all Republic of Korea stocks is notably lower than that of the firm.
Korea Ratings Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Korea Ratings's current stock value. Our valuation model uses many indicators to compare Korea Ratings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Korea Ratings competition to find correlations between indicators driving Korea Ratings's intrinsic value. More Info.Korea Ratings Co is number one stock in return on asset category among its peers. It also is number one stock in profit margin category among its peers fabricating about 1.70 of Profit Margin per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Korea Ratings by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Korea Ratings' 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 Korea Ratings Financial Statements
Korea Ratings stakeholders use historical fundamental indicators, such as Korea Ratings' revenue or net income, to determine how well the company is positioned to perform in the future. Although Korea Ratings investors may analyze each financial statement separately, they are all interrelated. For example, changes in Korea Ratings' assets and liabilities are reflected in the revenues and expenses on Korea Ratings' 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 Korea Ratings Co. Please read more on our technical analysis and fundamental analysis pages.
Korea Ratings Co., Ltd. offer credit rating and business valuation services in South Korea.
Pair Trading with Korea Ratings
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 Korea Ratings 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 Korea Ratings will appreciate offsetting losses from the drop in the long position's value.Moving against Korea Stock
| 0.6 | 006400 | Samsung SDI | PairCorr |
| 0.59 | 005490 | POSCO Holdings | PairCorr |
| 0.53 | 207940 | Samsung Biologics | PairCorr |
| 0.53 | 051910 | LG Chemicals | PairCorr |
| 0.49 | 051915 | LG Chem | PairCorr |
The ability to find closely correlated positions to Korea Ratings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Korea Ratings 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 Korea Ratings - 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 Korea Ratings Co to buy it.
The correlation of Korea Ratings 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 Korea Ratings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Korea Ratings 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 Korea Ratings 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 Korea Stock
Korea Ratings financial ratios help investors to determine whether Korea 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 Korea with respect to the benefits of owning Korea Ratings security.