Seung Il Return On Asset vs. Shares Outstanding
049830 Stock | KRW 7,890 60.00 0.77% |
For Seung Il profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Seung Il to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Seung Il utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Seung Il's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Seung Il over time as well as its relative position and ranking within its peers.
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Seung Il Shares Outstanding vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Seung Il's current stock value. Our valuation model uses many indicators to compare Seung Il value to that of its competitors to determine the firm's financial worth. Seung Il is number one stock in return on asset category among its peers. It also is number one stock in shares outstanding category among its peers creating about 537,048,182 of Shares Outstanding per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Seung Il by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Seung 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.Seung Shares Outstanding vs. Return On Asset
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.
Seung Il |
| = | 0.011 |
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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Seung Il |
| = | 5.91 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Seung Shares Outstanding Comparison
Seung Il is currently under evaluation in shares outstanding category among its peers.
Seung Il Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Seung Il, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Seung Il will eventually generate negative long term returns. The profitability progress is the general direction of Seung Il's change in net profit over the period of time. It can combine multiple indicators of Seung Il, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Seung Il Corporation manufactures and sells aerosol and regular cans. Seung Il Corporation was founded in 1961 and is based in Seoul, South Korea. SEUNG IL is traded on Korean Securities Dealers Automated Quotations in South Korea.
Seung Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Seung 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 Seung 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 Seung Il's important profitability drivers and their relationship over time.
Use Seung 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 Seung 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 Seung Il will appreciate offsetting losses from the drop in the long position's value.Seung Il Pair Trading
Seung Il Pair Trading Analysis
The ability to find closely correlated positions to Seung 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 Seung 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 Seung 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 Seung Il to buy it.
The correlation of Seung 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 Seung Il moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Seung Il 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 Seung 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 Seung Il position
In addition to having Seung 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 Medical Equipment Thematic Idea Now
Medical Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Medical Equipment theme has 61 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 Medical Equipment Theme or any other thematic opportunities.
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Other Information on Investing in Seung Stock
To fully project Seung Il's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Seung Il 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 Seung Il's income statement, its balance sheet, and the statement of cash flows.