017670 Financial Statements From 2010 to 2024
| 017670 Stock | 57,200 900.00 1.60% |
Check SK Telecom financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SK Telecom's main balance sheet or income statement drivers, such as , as well as many indicators such as . 017670 financial statements analysis is a perfect complement when working with SK Telecom Valuation or Volatility modules.
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SK Telecom Co Company Current Valuation Analysis
SK Telecom's 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.
Current SK Telecom Current Valuation | 20.07 T |
Most of SK Telecom's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SK Telecom Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
In accordance with the recently published financial statements, SK Telecom Co has a Current Valuation of 20.07 T. This is much higher than that of the Wireless Telecommunication Services sector and significantly higher than that of the Communication Services industry. The current valuation for all Republic of Korea stocks is notably lower than that of the firm.
SK Telecom Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SK Telecom's current stock value. Our valuation model uses many indicators to compare SK Telecom value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SK Telecom competition to find correlations between indicators driving SK Telecom's intrinsic value. More Info.SK Telecom Co is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.42 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for SK Telecom Co is roughly 2.39 . Comparative valuation analysis is a catch-all model that can be used if you cannot value SK Telecom by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SK Telecom'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.About SK Telecom Financial Statements
SK Telecom stakeholders use historical fundamental indicators, such as SK Telecom's revenue or net income, to determine how well the company is positioned to perform in the future. Although SK Telecom investors may analyze each financial statement separately, they are all interrelated. For example, changes in SK Telecom's assets and liabilities are reflected in the revenues and expenses on SK Telecom's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in SK Telecom Co. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with SK Telecom
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 SK Telecom 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 SK Telecom will appreciate offsetting losses from the drop in the long position's value.Moving against 017670 Stock
| 0.55 | 215480 | Daewoo SBI SPAC | PairCorr |
| 0.53 | 217270 | Daishin Balance 1 | PairCorr |
| 0.51 | 241840 | ASTORY CoLtd | PairCorr |
The ability to find closely correlated positions to SK Telecom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SK Telecom 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 SK Telecom - 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 SK Telecom Co to buy it.
The correlation of SK Telecom 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 SK Telecom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SK Telecom 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 SK Telecom 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.Additional Information and Resources on Investing in 017670 Stock
When determining whether SK Telecom is a strong investment it is important to analyze SK Telecom's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SK Telecom's future performance. For an informed investment choice regarding 017670 Stock, refer to the following important reports:Check out the analysis of SK Telecom Correlation against competitors. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.