Kunyue Financial Statements From 2010 to 2024
| 5206 Stock | TWD 40.65 2.25 5.86% |
Check Kunyue Development financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kunyue Development's main balance sheet or income statement drivers, such as , as well as many indicators such as . Kunyue financial statements analysis is a perfect complement when working with Kunyue Development Valuation or Volatility modules.
Kunyue |
Kunyue Development Co Company Current Valuation Analysis
Kunyue Development'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 Kunyue Development Current Valuation | 7.96 B |
Most of Kunyue Development'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, Kunyue Development 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, Kunyue Development Co has a Current Valuation of 7.96 B. This is 47.56% lower than that of the Real Estate Management & Development sector and significantly higher than that of the Real Estate industry. The current valuation for all Taiwan stocks is 52.14% higher than that of the company.
Kunyue Development Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Kunyue Development's current stock value. Our valuation model uses many indicators to compare Kunyue Development value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kunyue Development competition to find correlations between indicators driving Kunyue Development's intrinsic value. More Info.Kunyue Development 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 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Kunyue Development's earnings, one of the primary drivers of an investment's value.About Kunyue Development Financial Statements
Kunyue Development investors use historical fundamental indicators, such as Kunyue Development's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Kunyue Development. Please read more on our technical analysis and fundamental analysis pages.
Kunyue Development Co., Ltd. provides real estate development and maintenance services. The company was founded in 1975 and is based in Taichung, Taiwan. KUNYUE DEVELOPMENT operates under Real EstateDevelopment classification in Taiwan and is traded on Taiwan OTC Exchange.
Pair Trading with Kunyue Development
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 Kunyue Development 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 Kunyue Development will appreciate offsetting losses from the drop in the long position's value.Moving together with Kunyue Stock
Moving against Kunyue Stock
| 0.83 | 3293 | International Games | PairCorr |
| 0.75 | 2357 | Asustek Computer | PairCorr |
| 0.75 | 0057 | Fubon MSCI Taiwan | PairCorr |
| 0.72 | 0050 | YuantaP shares Taiwan | PairCorr |
| 0.71 | 0053 | YuantaP shares Taiwan | PairCorr |
The ability to find closely correlated positions to Kunyue Development could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kunyue Development 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 Kunyue Development - 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 Kunyue Development Co to buy it.
The correlation of Kunyue Development 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 Kunyue Development moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kunyue Development 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 Kunyue Development 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 Tools for Kunyue Stock Analysis
When running Kunyue Development's price analysis, check to measure Kunyue Development's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kunyue Development is operating at the current time. Most of Kunyue Development's value examination focuses on studying past and present price action to predict the probability of Kunyue Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kunyue Development's price. Additionally, you may evaluate how the addition of Kunyue Development to your portfolios can decrease your overall portfolio volatility.