Kia Corp Stock Price To Earnings To Growth

000270 Stock   97,200  600.00  0.61%   
Kia Corp fundamentals help investors to digest information that contributes to Kia Corp's financial success or failures. It also enables traders to predict the movement of Kia Stock. The fundamental analysis module provides a way to measure Kia Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Kia Corp stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Kia Corp Company Price To Earnings To Growth Analysis

Kia Corp's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
Competition

Based on the latest financial disclosure, Kia Corp has a Price To Earnings To Growth of 0.0 times. This indicator is about the same for the Automobiles average (which is currently at 0.0) sector and about the same as Consumer Discretionary (which currently averages 0.0) industry. This indicator is about the same for all Republic of Korea stocks average (which is currently at 0.0).

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Kia Fundamentals

About Kia Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Kia Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kia Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kia Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Kia Corp

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 Kia Corp 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 Kia Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Kia Stock

  0.78005935 Samsung ElectronicsPairCorr
  0.77005930 Samsung ElectronicsPairCorr

Moving against Kia Stock

  0.37000660 SK HynixPairCorr
  0.32373220 LG Energy SolutionPairCorr
The ability to find closely correlated positions to Kia Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kia Corp 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 Kia Corp - 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 Kia Corp to buy it.
The correlation of Kia Corp 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 Kia Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kia Corp 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 Kia Corp 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 Kia Stock

Kia Corp financial ratios help investors to determine whether Kia 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 Kia with respect to the benefits of owning Kia Corp security.