Dong Il Current Valuation vs. Cash Flow From Operations
| 002690 Stock | 1,372 7.00 0.51% |
For Dong Il profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Dong Il to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Dong Il Steel utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Dong Il's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Dong Il Steel over time as well as its relative position and ranking within its peers.
Dong |
Dong Il Steel Cash Flow From Operations vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Dong Il's current stock value. Our valuation model uses many indicators to compare Dong Il value to that of its competitors to determine the firm's financial worth. Dong Il Steel is rated below average in current valuation category among its peers. It also is rated below average in cash flow from operations category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Dong Il by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dong Il's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Dong Current Valuation vs. Competition
Dong Il Steel is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Steel industry is presently estimated at about 1.31 Trillion. Dong Il holds roughly 36.05 Billion in current valuation claiming about 2.74% of equities listed under Steel industry.
Dong Cash Flow From Operations vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Dong Il |
| = | 36.05 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Dong Il |
| = | (8.16 B) |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Dong Cash Flow From Operations Comparison
Dong Il is rated below average in cash flow from operations category among its peers.
Dong Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Dong Il. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Dong Il position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Dong Il's important profitability drivers and their relationship over time.
Use Dong Il in pair-trading
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 Dong Il 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 Dong Il will appreciate offsetting losses from the drop in the long position's value.Dong Il Pair Trading
Dong Il Steel Pair Trading Analysis
The ability to find closely correlated positions to Dong Il could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dong Il 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 Dong Il - 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 Dong Il Steel to buy it.
The correlation of Dong Il 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 Dong Il moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dong Il Steel 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 Dong Il 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.Use Investing Themes to Complement your Dong Il position
In addition to having Dong Il in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Robots And Drones Thematic Idea Now
Robots And Drones
Large technology companies that are involved in development and manufacturing of drones, robots, or robotic equipment across mechanical engineering, electrical engineering, mathematics and computer science fields. Drones and robotics are projected to significantly grow in demand in the next 5 years. The Robots And Drones theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Robots And Drones Theme or any other thematic opportunities.
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Other Information on Investing in Dong Stock
To fully project Dong Il's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Dong Il Steel at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Dong Il's income statement, its balance sheet, and the statement of cash flows.