Sungduk Park - Wintec Chief Officer
320000 Stock | KRW 2,860 35.00 1.24% |
Insider
Sungduk Park is Chief Officer of Wintec Co
Phone | 82 5 4473 2401 |
Web | http://www.wintec.co.kr |
Similar Executives
,Ltd. manufactures display, chips, and film inspection equipment. The company was founded in 1999 and is based in Gimpo-si, South Korea. WINTEC is traded on Korean Securities Dealers Automated Quotations in South Korea. Wintec Co (320000) is traded on KOSDAQ in Korea and employs 1 people.Management Performance
Return On Equity | 4.41 |
Wintec 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 Wintec 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 | 4.41 | |||
Shares Owned By Insiders | 70.50 % | |||
Shares Owned By Institutions | 0.13 % | |||
Revenue | 15.41 B | |||
Gross Profit | (29.69 M) | |||
Net Income | 670.47 M | |||
Cash And Equivalents | 3.13 B | |||
Cash Per Share | 246.82 X | |||
Total Debt | 162.55 M | |||
Debt To Equity | 0.09 % |
Pair Trading with Wintec
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 Wintec 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 Wintec will appreciate offsetting losses from the drop in the long position's value.Moving against Wintec Stock
0.59 | 029780 | Samsung Card | PairCorr |
0.56 | 078020 | EBEST Investment Sec | PairCorr |
0.41 | 014680 | Hansol Chemica | PairCorr |
0.35 | 098460 | Koh Young Technology | PairCorr |
0.32 | 016360 | Samsung Securities | PairCorr |
The ability to find closely correlated positions to Wintec could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wintec 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 Wintec - 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 Wintec Co to buy it.
The correlation of Wintec 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 Wintec moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wintec 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 Wintec 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 Wintec Stock
Wintec financial ratios help investors to determine whether Wintec 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 Wintec with respect to the benefits of owning Wintec security.