Choong Ang Return On Equity vs. Total Debt
| 072020 Stock | KRW 9,490 490.00 5.44% |
For Choong Ang profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Choong Ang to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Choong Ang Vaccine utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Choong Ang's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Choong Ang Vaccine over time as well as its relative position and ranking within its peers.
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Choong Ang Vaccine Total Debt vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Choong Ang's current stock value. Our valuation model uses many indicators to compare Choong Ang value to that of its competitors to determine the firm's financial worth. Choong Ang Vaccine is number one stock in return on equity category among its peers. It also is the top company in total debt category among its peers making up about 627,715,553 of Total Debt per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Choong Ang by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Choong Ang'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.Choong Total Debt vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Choong Ang |
| = | 8.51 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Choong Ang |
| = | 5.34 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Choong Total Debt vs Competition
Choong Ang Vaccine is the top company in total debt category among its peers. Total debt of Pharmaceuticals industry is presently estimated at about 810.88 Billion. Choong Ang maintains roughly 5.34 Billion in total debt contributing less than 1% to equities listed under Pharmaceuticals industry.
Choong Ang Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Choong Ang, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Choong Ang will eventually generate negative long term returns. The profitability progress is the general direction of Choong Ang's change in net profit over the period of time. It can combine multiple indicators of Choong Ang, 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.
Choong Ang Vaccine Laboratory Co., Ltd. engages in the production and sale of animal biological products primarily in Korea. The company, formerly known as ChoongAng Veterinary Infectious Diseases Research Institute, was founded in 1968 and is based in Daejeon, South Korea. CAVAC is traded on Korean Securities Dealers Automated Quotations in South Korea.
Choong Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Choong Ang. 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 Choong Ang 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 Choong Ang's important profitability drivers and their relationship over time.
Use Choong Ang 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 Choong Ang 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 Choong Ang will appreciate offsetting losses from the drop in the long position's value.Choong Ang Pair Trading
Choong Ang Vaccine Pair Trading Analysis
The ability to find closely correlated positions to Choong Ang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Choong Ang 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 Choong Ang - 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 Choong Ang Vaccine to buy it.
The correlation of Choong Ang 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 Choong Ang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Choong Ang Vaccine 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 Choong Ang 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 Choong Ang position
In addition to having Choong Ang 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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Baby Boomer Prospects
Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 99 constituents at this time.
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Other Information on Investing in Choong Stock
To fully project Choong Ang's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Choong Ang Vaccine 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 Choong Ang's income statement, its balance sheet, and the statement of cash flows.