Cu Tech Corp Stock Cash And Equivalents
| 376290 Stock | 3,010 30.00 1.01% |
CU Tech Corp fundamentals help investors to digest information that contributes to CU Tech's financial success or failures. It also enables traders to predict the movement of 376290 Stock. The fundamental analysis module provides a way to measure CU Tech'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 CU Tech stock.
376290 |
CU Tech Corp Company Cash And Equivalents Analysis
CU Tech'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.
Current CU Tech Cash And Equivalents | 74.51 B |
Most of CU Tech's fundamental indicators, such as Cash And Equivalents, 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, CU Tech Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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, CU Tech Corp has 74.51 B in Cash And Equivalents. This is much higher than that of the sector and significantly higher than that of the Semiconductors & Semiconductor Equipment industry. The cash and equivalents for all Republic of Korea stocks is notably lower than that of the firm.
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376290 Fundamentals
| Revenue | 263.85 B | |||
| Net Income | 15.31 B | |||
| Cash And Equivalents | 74.51 B | |||
| Total Debt | 5.42 B | |||
| Cash Flow From Operations | 22.87 B | |||
| Market Capitalization | 84.4 B | |||
| Total Asset | 136.79 B | |||
| Z Score | 10.0 | |||
| Net Asset | 136.79 B |
About CU Tech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CU Tech Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CU Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CU Tech 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 CU Tech
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 CU Tech 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 CU Tech will appreciate offsetting losses from the drop in the long position's value.Moving together with 376290 Stock
| 0.84 | 108320 | LX Semicon | PairCorr |
| 0.85 | 064760 | Tokai Carbon Korea | PairCorr |
| 0.68 | 137400 | People Technology | PairCorr |
| 0.89 | 166090 | Hana Materials | PairCorr |
Moving against 376290 Stock
The ability to find closely correlated positions to CU Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CU Tech 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 CU Tech - 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 CU Tech Corp to buy it.
The correlation of CU Tech 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 CU Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CU Tech 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 CU Tech 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 376290 Stock
CU Tech financial ratios help investors to determine whether 376290 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 376290 with respect to the benefits of owning CU Tech security.