Wave Financial Statements From 2010 to 2024
| 095270 Stock | KRW 3,990 40.00 1.01% |
Check Wave Electronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wave Electronics' main balance sheet or income statement drivers, such as , as well as many indicators such as . Wave financial statements analysis is a perfect complement when working with Wave Electronics Valuation or Volatility modules.
Wave |
Wave Electronics Co Company Current Valuation Analysis
Wave Electronics' 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 Wave Electronics Current Valuation | 97.74 B |
Most of Wave Electronics' 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, Wave Electronics 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, Wave Electronics Co has a Current Valuation of 97.74 B. This is much higher than that of the Communications Equipment sector and significantly higher than that of the Information Technology industry. The current valuation for all Republic of Korea stocks is notably lower than that of the firm.
Wave Electronics Fundamental Drivers Relationships
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. You can analyze the relationship between different fundamental ratios across Wave Electronics competition to find correlations between indicators driving Wave Electronics's intrinsic value. More Info.Wave Electronics Co is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers . 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.About Wave Electronics Financial Statements
Wave Electronics stakeholders use historical fundamental indicators, such as Wave Electronics' revenue or net income, to determine how well the company is positioned to perform in the future. Although Wave Electronics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Wave Electronics' assets and liabilities are reflected in the revenues and expenses on Wave Electronics' 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 Wave Electronics Co. Please read more on our technical analysis and fundamental analysis pages.
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.
Pair Trading with Wave Electronics
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.Moving together with Wave Stock
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| 0.72 | 024910 | Kyung Chang Industrial | PairCorr |
| 0.88 | 027710 | FarmStory | PairCorr |
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.Other Information on Investing in Wave Stock
Wave Electronics financial ratios help investors to determine whether Wave 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 Wave with respect to the benefits of owning Wave Electronics security.