Doosan Financial Statements From 2010 to 2024
| 336260 Stock | 15,000 20.00 0.13% |
Check Doosan Fuel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Doosan Fuel's main balance sheet or income statement drivers, such as , as well as many indicators such as . Doosan financial statements analysis is a perfect complement when working with Doosan Fuel Valuation or Volatility modules.
Doosan |
Doosan Fuel Cell Company Current Valuation Analysis
Doosan Fuel'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 Doosan Fuel Current Valuation | 2.33 T |
Most of Doosan Fuel'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, Doosan Fuel Cell 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, Doosan Fuel Cell has a Current Valuation of 2.33 T. This is much higher than that of the Industrials sector and significantly higher than that of the Electrical Equipment & Parts industry. The current valuation for all Republic of Korea stocks is significantly lower than that of the firm.
Doosan Fuel Cell Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Doosan Fuel's current stock value. Our valuation model uses many indicators to compare Doosan Fuel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Doosan Fuel competition to find correlations between indicators driving Doosan Fuel's intrinsic value. More Info.Doosan Fuel Cell 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 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Doosan Fuel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Doosan Fuel'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 Doosan Fuel Financial Statements
Doosan Fuel stakeholders use historical fundamental indicators, such as Doosan Fuel's revenue or net income, to determine how well the company is positioned to perform in the future. Although Doosan Fuel investors may analyze each financial statement separately, they are all interrelated. For example, changes in Doosan Fuel's assets and liabilities are reflected in the revenues and expenses on Doosan Fuel'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 Doosan Fuel Cell. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with Doosan Fuel
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 Doosan Fuel 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 Doosan Fuel will appreciate offsetting losses from the drop in the long position's value.Moving together with Doosan Stock
| 0.65 | 010120 | LS Electric | PairCorr |
| 0.63 | 005935 | Samsung Electronics | PairCorr |
| 0.65 | 005930 | Samsung Electronics | PairCorr |
The ability to find closely correlated positions to Doosan Fuel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Doosan Fuel 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 Doosan Fuel - 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 Doosan Fuel Cell to buy it.
The correlation of Doosan Fuel 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 Doosan Fuel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Doosan Fuel Cell 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 Doosan Fuel 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 Doosan Stock
Doosan Fuel financial ratios help investors to determine whether Doosan 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 Doosan with respect to the benefits of owning Doosan Fuel security.