Youngchang Financial Statements From 2010 to 2024

112290 Stock   14,040  40.00  0.29%   
Youngchang Chemical financial statements provide useful quarterly and yearly information to potential Youngchang Chemical Co investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Youngchang Chemical financial statements helps investors assess Youngchang Chemical's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Youngchang Chemical's valuation are summarized below:
Youngchang Chemical Co does not presently have any fundamental gauges for analysis.
Check Youngchang Chemical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Youngchang Chemical's main balance sheet or income statement drivers, such as , as well as many indicators such as . Youngchang financial statements analysis is a perfect complement when working with Youngchang Chemical Valuation or Volatility modules.
  
This module can also supplement various Youngchang Chemical Technical models . Check out the analysis of Youngchang Chemical Correlation against competitors.
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About Youngchang Chemical Financial Statements

Youngchang Chemical stakeholders use historical fundamental indicators, such as Youngchang Chemical's revenue or net income, to determine how well the company is positioned to perform in the future. Although Youngchang Chemical investors may analyze each financial statement separately, they are all interrelated. For example, changes in Youngchang Chemical's assets and liabilities are reflected in the revenues and expenses on Youngchang Chemical'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 Youngchang Chemical Co. Please read more on our technical analysis and fundamental analysis pages.

Pair Trading with Youngchang Chemical

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 Youngchang Chemical 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 Youngchang Chemical will appreciate offsetting losses from the drop in the long position's value.

Moving together with Youngchang Stock

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The ability to find closely correlated positions to Youngchang Chemical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Youngchang Chemical 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 Youngchang Chemical - 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 Youngchang Chemical Co to buy it.
The correlation of Youngchang Chemical 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 Youngchang Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Youngchang Chemical 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 Youngchang Chemical 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Youngchang Stock

Youngchang Chemical financial ratios help investors to determine whether Youngchang 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 Youngchang with respect to the benefits of owning Youngchang Chemical security.