Kuk Young Gm Stock Price To Sales

006050 Stock  KRW 2,235  5.00  0.22%   
Kuk Young GM fundamentals help investors to digest information that contributes to Kuk Young's financial success or failures. It also enables traders to predict the movement of Kuk Stock. The fundamental analysis module provides a way to measure Kuk Young'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 Kuk Young 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.

Kuk Young GM Company Price To Sales Analysis

Kuk Young's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Kuk Young Price To Sales

    
  0.66 X  
Most of Kuk Young's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Kuk Young GM is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition

Based on the latest financial disclosure, Kuk Young GM has a Price To Sales of 0.6643 times. This is much higher than that of the Consumer Cyclicals sector and significantly higher than that of the Homebuilding & Construction Supplies industry. The price to sales for all Republic of Korea stocks is notably lower than that of the firm.

Kuk Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kuk Young's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kuk Young could also be used in its relative valuation, which is a method of valuing Kuk Young by comparing valuation metrics of similar companies.
Kuk Young is currently under evaluation in price to sales category among its peers.

Kuk Fundamentals

About Kuk Young Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Kuk Young GM's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kuk Young using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kuk Young GM 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 Kuk Young

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 Kuk Young 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 Kuk Young will appreciate offsetting losses from the drop in the long position's value.

Moving together with Kuk Stock

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Moving against Kuk Stock

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  0.53147830 Cheryong Industrial CoLtdPairCorr
The ability to find closely correlated positions to Kuk Young could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kuk Young 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 Kuk Young - 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 Kuk Young GM to buy it.
The correlation of Kuk Young 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 Kuk Young moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kuk Young GM 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 Kuk Young 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 Kuk Stock

Kuk Young financial ratios help investors to determine whether Kuk 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 Kuk with respect to the benefits of owning Kuk Young security.