Asia Seed Earnings Estimate
Asia Seed Earnings per Share Projection vs Actual
About Asia Seed Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Asia Seed earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Asia Seed estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Asia Seed fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.Asia Seed Co., Ltd. engages in the development and sale of seeds for vegetables and fruits in South Korea and internationally. Asia Seed Co., Ltd. was founded in 2004 and is headquartered in Seoul, South Korea. ASIA SEED is traded on Korean Securities Dealers Automated Quotations in South Korea.
Pair Trading with Asia Seed
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 Asia Seed 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 Asia Seed will appreciate offsetting losses from the drop in the long position's value.Moving together with Asia Stock
Moving against Asia Stock
| 0.76 | 311390 | Neo Cremar | PairCorr |
| 0.63 | 024110 | Industrial Bank | PairCorr |
| 0.57 | 900340 | Wing Yip Food | PairCorr |
| 0.57 | 105560 | KB Financial Group | PairCorr |
| 0.5 | 032830 | Samsung Life | PairCorr |
The ability to find closely correlated positions to Asia Seed could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asia Seed 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 Asia Seed - 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 Asia Seed CoLtd to buy it.
The correlation of Asia Seed 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 Asia Seed moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asia Seed CoLtd 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 Asia Seed 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.Other Information on Investing in Asia Stock
Asia Seed financial ratios help investors to determine whether Asia Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Asia with respect to the benefits of owning Asia Seed security.