Elentec Co Stock Shares Owned By Institutions

054210 Stock  KRW 5,070  90.00  1.74%   
Elentec Co fundamentals help investors to digest information that contributes to Elentec Co's financial success or failures. It also enables traders to predict the movement of Elentec Stock. The fundamental analysis module provides a way to measure Elentec Co'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 Elentec Co 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.

Elentec Co Company Shares Owned By Institutions Analysis

Elentec Co's Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

Shares Held by Institutions

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Funds and Banks

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Firms

More About Shares Owned By Institutions | All Equity Analysis

Current Elentec Co Shares Owned By Institutions

    
  1.06 %  
Most of Elentec Co's fundamental indicators, such as Shares Owned By Institutions, 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, Elentec Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Competition

Based on the latest financial disclosure, 1.06% of Elentec Co are shares owned by institutions. This is 97.98% lower than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The shares owned by institutions for all Republic of Korea stocks is 97.3% higher than that of the company.

Elentec Shares Owned By Institutions Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elentec Co's direct or indirect competition against its Shares Owned By Institutions to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Elentec Co could also be used in its relative valuation, which is a method of valuing Elentec Co by comparing valuation metrics of similar companies.
Elentec is currently under evaluation in shares owned by institutions category among its peers.

Elentec Fundamentals

About Elentec Co Fundamental Analysis

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

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 Elentec Co 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 Elentec Co will appreciate offsetting losses from the drop in the long position's value.

Moving together with Elentec Stock

  0.83005930 Samsung ElectronicsPairCorr
  0.79005935 Samsung ElectronicsPairCorr
  0.84005380 Hyundai MotorPairCorr

Moving against Elentec Stock

  0.81035420 NaverPairCorr
  0.73041510 SM EntertainmentPairCorr
  0.65078160 MEDIPOSTPairCorr
  0.47039240 Gyeongnam SteelPairCorr
The ability to find closely correlated positions to Elentec Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elentec Co 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 Elentec Co - 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 Elentec Co to buy it.
The correlation of Elentec Co 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 Elentec Co moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elentec Co 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 Elentec Co 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 Elentec Stock

Elentec Co financial ratios help investors to determine whether Elentec 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 Elentec with respect to the benefits of owning Elentec Co security.