Osteonic Financial Statements From 2010 to 2024
| 226400 Stock | KRW 4,880 140.00 2.79% |
Check Osteonic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Osteonic's main balance sheet or income statement drivers, such as , as well as many indicators such as . Osteonic financial statements analysis is a perfect complement when working with Osteonic Valuation or Volatility modules.
Osteonic |
Osteonic Co Company Current Valuation Analysis
Osteonic's 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.
Current Osteonic Current Valuation | 59 B |
Most of Osteonic's fundamental indicators, such as Current Valuation, 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, Osteonic Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
In accordance with the recently published financial statements, Osteonic Co has a Current Valuation of 59 B. This is 310.76% higher than that of the Healthcare sector and significantly higher than that of the Health Care Equipment & Supplies industry. The current valuation for all Republic of Korea stocks is significantly lower than that of the firm.
Osteonic Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Osteonic's current stock value. Our valuation model uses many indicators to compare Osteonic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Osteonic competition to find correlations between indicators driving Osteonic's intrinsic value. More Info.Osteonic Co is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Return On Equity to Return On Asset for Osteonic Co is about 2,618 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Osteonic by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Osteonic'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 Osteonic Financial Statements
Osteonic stakeholders use historical fundamental indicators, such as Osteonic's revenue or net income, to determine how well the company is positioned to perform in the future. Although Osteonic investors may analyze each financial statement separately, they are all interrelated. For example, changes in Osteonic's assets and liabilities are reflected in the revenues and expenses on Osteonic'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 Osteonic Co. Please read more on our technical analysis and fundamental analysis pages.
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.
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.Moving together with Osteonic Stock
Moving against Osteonic Stock
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.