Sudong Chung - Wider Planet CoFounder CTO
| 321820 Stock | KRW 18,480 370.00 2.04% |
Founder
Sudong Chung is CoFounder CTO of Wider Planet
| Web | http://www.widerplanet.com |
Management Performance
| Return On Equity | -60.44 |
Wider Planet Leadership Team
Elected by the shareholders, the Wider Planet's board of directors comprises two types of representatives: Wider Planet inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Wider. The board's role is to monitor Wider Planet's management team and ensure that shareholders' interests are well served. Wider Planet'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, Wider Planet's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sudong Chung, CoFounder CTO | ||
| Taeyong Kim, Chief Officer | ||
| Whanlim Kim, Chief Operations | ||
| KyoSik Koo, CoFounder CEO | ||
| Ilho Park, Chief Officer |
Wider 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 Wider Planet 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 | -60.44 | |||
| Profit Margin | (0.12) % | |||
| Operating Margin | (0.11) % | |||
| Current Valuation | 155.8 B | |||
| Shares Owned By Insiders | 43.82 % | |||
| Revenue | 35.42 B | |||
| Gross Profit | 11.15 B | |||
| EBITDA | (1.61 B) | |||
| Net Income | (7.95 B) | |||
| Cash And Equivalents | 40.28 B |
Pair Trading with Wider Planet
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 Wider Planet 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 Wider Planet will appreciate offsetting losses from the drop in the long position's value.Moving against Wider Stock
| 0.84 | 005935 | Samsung Electronics | PairCorr |
| 0.84 | 005930 | Samsung Electronics | PairCorr |
| 0.75 | 033240 | Jahwa Electron | PairCorr |
| 0.62 | 215480 | Daewoo SBI SPAC | PairCorr |
| 0.57 | 293780 | AptaBio Therapeutics | PairCorr |
The ability to find closely correlated positions to Wider Planet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wider Planet 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 Wider Planet - 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 Wider Planet to buy it.
The correlation of Wider Planet 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 Wider Planet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wider Planet 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 Wider Planet 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 Wider Stock
Wider Planet financial ratios help investors to determine whether Wider 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 Wider with respect to the benefits of owning Wider Planet security.