Foodnamoo Stock Price To Earning

290720 Stock   3,060  5.00  0.16%   
Foodnamoo fundamentals help investors to digest information that contributes to Foodnamoo's financial success or failures. It also enables traders to predict the movement of Foodnamoo Stock. The fundamental analysis module provides a way to measure Foodnamoo'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 Foodnamoo 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.

Foodnamoo Company Price To Earning Analysis

Foodnamoo's 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.

P/E

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Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis
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, Foodnamoo has a Price To Earning of 0.0 times. This indicator is about the same for the Consumer Non-Cyclicals average (which is currently at 0.0) sector and about the same as Food & Tobacco (which currently averages 0.0) industry. This indicator is about the same for all Republic of Korea stocks average (which is currently at 0.0).

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Foodnamoo Fundamentals

About Foodnamoo Fundamental Analysis

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

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

Moving together with Foodnamoo Stock

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Moving against Foodnamoo Stock

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

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