Lg Corp Stock Cash And Equivalents

003550 Stock   77,600  1,400  1.84%   
LG Corp fundamentals help investors to digest information that contributes to LG Corp's financial success or failures. It also enables traders to predict the movement of 003550 Stock. The fundamental analysis module provides a way to measure LG Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to LG Corp stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

LG Corp Company Cash And Equivalents Analysis

LG Corp's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

 = 

Bank Deposits

+

Liquidities

More About Cash And Equivalents | All Equity Analysis
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition

In accordance with the recently published financial statements, LG Corp has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Industrial Conglomerates sector and about the same as Industrials (which currently averages 0.0) industry. The cash and equivalents for all Republic of Korea stocks is 100.0% higher than that of the company.

003550 Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LG Corp's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of LG Corp could also be used in its relative valuation, which is a method of valuing LG Corp by comparing valuation metrics of similar companies.
LG Corp is currently under evaluation in cash and equivalents category among its peers.

003550 Fundamentals

About LG Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze LG Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LG Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LG Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with LG Corp

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 LG Corp 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 LG Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with 003550 Stock

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  0.68222800 SIMMTECHPairCorr

Moving against 003550 Stock

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  0.34205470 HumasisPairCorr
  0.31021080 Atinum InvestmentPairCorr
The ability to find closely correlated positions to LG Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LG Corp 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 LG Corp - 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 LG Corp to buy it.
The correlation of LG Corp 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 LG Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LG Corp 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 LG Corp 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in 003550 Stock

LG Corp financial ratios help investors to determine whether 003550 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 003550 with respect to the benefits of owning LG Corp security.