Wave Electronics Shares Owned By Insiders vs. Total Debt
| 095270 Stock | KRW 3,695 155.00 4.38% |
For Wave Electronics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wave Electronics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wave Electronics Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wave Electronics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wave Electronics Co over time as well as its relative position and ranking within its peers.
Wave |
Wave Electronics Total Debt vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wave Electronics's current stock value. Our valuation model uses many indicators to compare Wave Electronics value to that of its competitors to determine the firm's financial worth. Wave Electronics Co is rated fifth in shares owned by insiders category among its peers. It is rated second in total debt category among its peers making up about 23,778,867 of Total Debt per Shares Owned By Insiders. Comparative valuation analysis is a catch-all model that can be used if you cannot value Wave Electronics by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Wave Electronics' 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.Wave Total Debt 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.
Wave Electronics |
| = | 19.57 % |
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.
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.
Wave Electronics |
| = | 465.35 M |
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.
Wave Total Debt vs Competition
Wave Electronics Co is rated second in total debt category among its peers. Total debt of Information Technology industry is presently estimated at about 111.11 Billion. Wave Electronics adds roughly 465.35 Million in total debt claiming only tiny portion of equities under Information Technology industry.
Wave Electronics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wave Electronics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wave Electronics will eventually generate negative long term returns. The profitability progress is the general direction of Wave Electronics' change in net profit over the period of time. It can combine multiple indicators of Wave Electronics, 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.
Wave Electronics Co., Ltd. manufactures and sells products for wireless telecommunications, defense, and display businesses in South Korea. Wave Electronics Co., Ltd. was founded in 1999 and is headquartered in Suwon, South Korea. WAVE ELECTRO is traded on Korean Securities Dealers Automated Quotations in South Korea.
Wave Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wave Electronics. 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 Wave Electronics 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 Wave Electronics' important profitability drivers and their relationship over time.
Use Wave Electronics 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 Wave Electronics 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 Wave Electronics will appreciate offsetting losses from the drop in the long position's value.Wave Electronics Pair Trading
Wave Electronics Co Pair Trading Analysis
The ability to find closely correlated positions to Wave Electronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wave Electronics 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 Wave Electronics - 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 Wave Electronics Co to buy it.
The correlation of Wave Electronics 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 Wave Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wave Electronics 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 Wave Electronics 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 Wave Electronics position
In addition to having Wave Electronics 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 Precious Metals Thematic Idea Now
Precious Metals
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Precious Metals 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 Precious Metals Theme or any other thematic opportunities.
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Other Information on Investing in Wave Stock
To fully project Wave Electronics' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Wave Electronics 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 Wave Electronics' income statement, its balance sheet, and the statement of cash flows.