MinSeok Lee - Korea Environment Chief Officer
| 029960 Stock | KRW 9,020 20.00 0.22% |
Insider
MinSeok Lee is Chief Officer of Korea Environment Technology
| Age | 68 |
| Phone | 82 5 2228 7300 |
| Web | https://www.koentec.co.kr |
Korea Environment Management Efficiency
The company has return on total asset (ROA) of 0.0993 % which means that it generated a profit of $0.0993 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 26.9276 %, meaning that it generated $26.9276 on every $100 dollars invested by stockholders. Korea Environment's management efficiency ratios could be used to measure how well Korea Environment manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
Koentec Co., Ltd. engages in the collection, transportation, and disposal of wastes. Korea Environment Technology (029960) is traded on KOSDAQ in Korea and employs 9 people.Management Performance
| Return On Equity | 26.93 | |||
| Return On Asset | 0.0993 |
Korea Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Korea Environment a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 26.93 | |||
| Return On Asset | 0.0993 | |||
| Profit Margin | 0.34 % | |||
| Operating Margin | 0.41 % | |||
| Current Valuation | 391.71 B | |||
| Shares Outstanding | 49.79 M | |||
| Shares Owned By Insiders | 59.29 % | |||
| Shares Owned By Institutions | 2.37 % | |||
| Price To Earning | 16.55 X | |||
| Price To Sales | 5.59 X |
Pair Trading with Korea Environment
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 Korea Environment 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 Korea Environment will appreciate offsetting losses from the drop in the long position's value.Moving against Korea Stock
| 0.78 | 005930 | Samsung Electronics | PairCorr |
| 0.75 | 005385 | Hyundai Motor | PairCorr |
| 0.75 | 005387 | Hyundai Motor | PairCorr |
| 0.71 | 005935 | Samsung Electronics | PairCorr |
| 0.71 | 005380 | Hyundai Motor | PairCorr |
The ability to find closely correlated positions to Korea Environment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Korea Environment 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 Korea Environment - 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 Korea Environment Technology to buy it.
The correlation of Korea Environment 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 Korea Environment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Korea Environment 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 Korea Environment 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 Korea Stock
Korea Environment financial ratios help investors to determine whether Korea 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 Korea with respect to the benefits of owning Korea Environment security.