Tj Media Co Stock Return On Asset

032540 Stock  KRW 4,705  10.00  0.21%   
TJ media Co fundamentals help investors to digest information that contributes to TJ Media's financial success or failures. It also enables traders to predict the movement of 032540 Stock. The fundamental analysis module provides a way to measure TJ Media'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 TJ Media 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.

TJ media Co Company Return On Asset Analysis

TJ Media's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current TJ Media Return On Asset

    
  -0.0034  
Most of TJ Media's fundamental indicators, such as Return On Asset, 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, TJ media Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Based on the latest financial disclosure, TJ media Co has a Return On Asset of -0.0034. This is much lower than that of the Household Durables sector and significantly lower than that of the Consumer Discretionary industry. The return on asset for all Republic of Korea stocks is notably higher than that of the company.

032540 Return On Asset Peer Comparison

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

032540 Fundamentals

About TJ Media Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze TJ media Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TJ Media using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TJ media Co 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 TJ Media

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 TJ Media 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 TJ Media will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to TJ Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TJ Media 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 TJ Media - 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 TJ media Co to buy it.
The correlation of TJ Media 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 TJ Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TJ media 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 TJ Media 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 032540 Stock

TJ Media financial ratios help investors to determine whether 032540 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 032540 with respect to the benefits of owning TJ Media security.