Won Lee - DAEMO Engineering President
| 317850 Stock | KRW 9,400 220.00 2.29% |
Insider
Won Lee is President of DAEMO Engineering Co
| Phone | 82 3 1488 6000 |
| Web | http://www.daemo.co.kr |
DAEMO Engineering Management Efficiency
The company has return on total asset (ROA) of (0.0154) % which means that it has lost $0.0154 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 3.8546 %, meaning that it generated $3.8546 on every $100 dollars invested by stockholders. DAEMO Engineering's management efficiency ratios could be used to measure how well DAEMO Engineering manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Found 14 records | INSIDER Age | ||
| SeongHak Jo | Young Poong Precision | 70 | |
| Hansung Lee | Young Poong Precision | 58 | |
| SangHyuk Choi | Young Poong Precision | 62 | |
| SeJun Jang | Young Poong Precision | N/A | |
| Wung Choi | Seoam Machinery Industry | 61 | |
| Hyeon Nam | Seoam Machinery Industry | 63 | |
| JiSang Hong | Young Poong Precision | 63 | |
| Yong Kim | Seoam Machinery Industry | 58 | |
| Yeong Lee | Seoam Machinery Industry | 64 | |
| ChangGyu Choi | Young Poong Precision | 73 | |
| GiSoo Cha | Young Poong Precision | 66 | |
| JeongUn Choi | Young Poong Precision | 70 | |
| Dong Kim | Seoam Machinery Industry | 59 | |
| Kwon Yeol | Seoam Machinery Industry | N/A | |
Management Performance
| Return On Equity | 3.85 | |||
| Return On Asset | -0.0154 |
DAEMO 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 DAEMO Engineering 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 | 3.85 | |||
| Return On Asset | -0.0154 | |||
| Profit Margin | (0.04) % | |||
| Operating Margin | (0.05) % | |||
| Current Valuation | 62.95 B | |||
| Shares Owned By Insiders | 57.09 % | |||
| Revenue | 49.54 B | |||
| Gross Profit | 9.3 B | |||
| EBITDA | (261.95 M) | |||
| Net Income | 4.61 B |
Pair Trading with DAEMO Engineering
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 DAEMO Engineering 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 DAEMO Engineering will appreciate offsetting losses from the drop in the long position's value.Moving against DAEMO Stock
| 0.52 | 016610 | DB Financial Investment | PairCorr |
| 0.51 | 297090 | CS BEARING CoLtd | PairCorr |
| 0.4 | 011785 | Kumho Petro Chemical | PairCorr |
| 0.38 | 28513K | SK Chemicals | PairCorr |
The ability to find closely correlated positions to DAEMO Engineering could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DAEMO Engineering 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 DAEMO Engineering - 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 DAEMO Engineering Co to buy it.
The correlation of DAEMO Engineering 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 DAEMO Engineering moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DAEMO Engineering 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 DAEMO Engineering 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 DAEMO Stock
DAEMO Engineering financial ratios help investors to determine whether DAEMO 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 DAEMO with respect to the benefits of owning DAEMO Engineering security.