PlayD Current Ratio vs. Current Valuation
| 237820 Stock | KRW 6,360 20.00 0.31% |
For PlayD profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PlayD to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PlayD Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PlayD's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PlayD Co over time as well as its relative position and ranking within its peers.
PlayD |
PlayD Current Valuation vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PlayD's current stock value. Our valuation model uses many indicators to compare PlayD value to that of its competitors to determine the firm's financial worth. PlayD Co is number one stock in current ratio category among its peers. It also is the top company in current valuation category among its peers reporting about 37,857,620,114 of Current Valuation per Current Ratio. Comparative valuation analysis is a catch-all model that can be used if you cannot value PlayD by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for PlayD'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.PlayD Current Valuation vs. Current Ratio
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.
PlayD |
| = | 2.24 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).
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.
PlayD |
| = | 84.8 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.
PlayD Current Valuation vs Competition
PlayD Co is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Media & Publishing industry is presently estimated at about 1.38 Trillion. PlayD holds roughly 84.8 Billion in current valuation claiming about 6% of all equities under Media & Publishing industry.
PlayD Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PlayD, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PlayD will eventually generate negative long term returns. The profitability progress is the general direction of PlayD's change in net profit over the period of time. It can combine multiple indicators of PlayD, 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.
PlayD Co., Ltd. provides online advertising agency services. As of September 26, 2016, N Search Marketing Corp. operates as a subsidiary of Nasmedia, Inc. PlayD is traded on Korean Securities Dealers Automated Quotations in South Korea.
PlayD Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PlayD. 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 PlayD 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 PlayD's important profitability drivers and their relationship over time.
Use PlayD 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 PlayD 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 PlayD will appreciate offsetting losses from the drop in the long position's value.PlayD Pair Trading
PlayD Co Pair Trading Analysis
The ability to find closely correlated positions to PlayD could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PlayD 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 PlayD - 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 PlayD Co to buy it.
The correlation of PlayD 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 PlayD moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PlayD 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 PlayD 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 PlayD position
In addition to having PlayD 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 Services Thematic Idea Now
Services
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 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 Services Theme or any other thematic opportunities.
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Other Information on Investing in PlayD Stock
To fully project PlayD's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of PlayD 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 PlayD's income statement, its balance sheet, and the statement of cash flows.