WISE ITech Shares Owned By Insiders vs. Current Ratio
Considering the key profitability indicators obtained from WISE ITech's historical financial statements, WISE iTech Co may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess WISE ITech's ability to earn profits and add value for shareholders.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Please note, there is a significant difference between WISE ITech's value and its price as these two are different measures arrived at by different means. Investors typically determine if WISE ITech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WISE ITech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
For WISE ITech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of WISE ITech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well WISE iTech Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between WISE ITech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of WISE iTech Co over time as well as its relative position and ranking within its peers.
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WISE iTech Current Ratio vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining WISE ITech's current stock value. Our valuation model uses many indicators to compare WISE ITech value to that of its competitors to determine the firm's financial worth. WISE iTech Co is number one stock in shares owned by insiders category among its peers. It also is number one stock in current ratio category among its peers fabricating about 0.16 of Current Ratio per Shares Owned By Insiders. The ratio of Shares Owned By Insiders to Current Ratio for WISE iTech Co is roughly 6.14 . Comparative valuation analysis is a catch-all model that can be used if you cannot value WISE ITech by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for WISE ITech'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.WISE Current Ratio vs. Shares Owned By Insiders
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
WISE ITech |
| = | 40.10 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
WISE ITech |
| = | 6.53 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
WISE Current Ratio Comparison
WISE ITech is currently under evaluation in current ratio category among its peers.
WISE ITech Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in WISE ITech, profitability is also one of the essential criteria for including it into their portfolios because, without profit, WISE ITech will eventually generate negative long term returns. The profitability progress is the general direction of WISE ITech's change in net profit over the period of time. It can combine multiple indicators of WISE ITech, 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.
WISE iTech Co., Ltd. provides machine learning, big data analysis, data quality, and public data opening solutions. The company was founded in 1990 and is based in Seongnam, South Korea. WISE ITech is traded on Korean Securities Dealers Automated Quotations in South Korea.
WISE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on WISE ITech. 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 WISE ITech 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 WISE ITech's important profitability drivers and their relationship over time.
Use WISE ITech 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 WISE ITech 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 WISE ITech will appreciate offsetting losses from the drop in the long position's value.WISE ITech Pair Trading
WISE iTech Co Pair Trading Analysis
The ability to find closely correlated positions to WISE ITech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WISE ITech 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 WISE ITech - 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 WISE iTech Co to buy it.
The correlation of WISE ITech 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 WISE ITech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WISE iTech 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 WISE ITech 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 WISE ITech position
In addition to having WISE ITech 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?
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Companies that are related to providing casino-type services across multiple geographical areas. The Casinos theme has 51 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 Casinos Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Other Tools for WISE Stock
When running WISE ITech's price analysis, check to measure WISE ITech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WISE ITech is operating at the current time. Most of WISE ITech's value examination focuses on studying past and present price action to predict the probability of WISE ITech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WISE ITech's price. Additionally, you may evaluate how the addition of WISE ITech to your portfolios can decrease your overall portfolio volatility.
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