SeungJu Lee - Genie Music Chief Director

043610 Stock  KRW 2,190  40.00  1.86%   

Insider

SeungJu Lee is Chief Director of Genie Music
Age 49
Phone82 2 3282 2600
Webhttps://www.geniemusic.co.kr

Genie Music Management Efficiency

The company has return on total asset (ROA) of 0.0236 % which means that it generated a profit of $0.0236 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 1.7472 %, meaning that it generated $1.7472 on every $100 dollars invested by stockholders. Genie Music's management efficiency ratios could be used to measure how well Genie Music manages its routine affairs as well as how well it operates its assets and liabilities.
Genie Music has accumulated 5.93 B in total debt. Genie Music has a current ratio of 1.84, which is within standard range for the sector. Debt can assist Genie Music until it has trouble settling it off, either with new capital or with free cash flow. So, Genie Music's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Genie Music sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Genie to invest in growth at high rates of return. When we think about Genie Music's use of debt, we should always consider it together with cash and equity.

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Genie Music Corporation engages in wired and wireless Internet music services, content planning, and distribution businesses in South Korea. Genie Music Corporation was founded in 1991 and is headquartered in Seoul, South Korea. Genie Music is traded on Korean Securities Dealers Automated Quotations in South Korea. Genie Music (043610) is traded on KOSDAQ in Korea and employs 222 people.

Management Performance

Genie Music Leadership Team

Elected by the shareholders, the Genie Music's board of directors comprises two types of representatives: Genie Music inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Genie. The board's role is to monitor Genie Music's management team and ensure that shareholders' interests are well served. Genie Music's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Genie Music's outside directors are responsible for providing unbiased perspectives on the board's policies.
SeungJu Lee, Chief Director
MyeongHun Jeong, Head Department

Genie 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 Genie Music 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.

Pair Trading with Genie Music

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 Genie Music 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 Genie Music will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Genie Music could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Genie Music 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 Genie Music - 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 Genie Music to buy it.
The correlation of Genie Music 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 Genie Music moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Genie Music 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 Genie Music 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 Genie Stock

Genie Music financial ratios help investors to determine whether Genie 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 Genie with respect to the benefits of owning Genie Music security.