Daiyang Metal Co Stock Current Valuation

009190 Stock   1,494  30.00  1.97%   
Valuation analysis of Daiyang Metal helps investors to measure Daiyang Metal's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
1,494
Please note that Daiyang Metal's price fluctuation is very steady at this time. Calculation of the real value of Daiyang Metal is based on 3 months time horizon. Increasing Daiyang Metal's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Daiyang Metal is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Daiyang Stock. However, Daiyang Metal's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  1494.0 Real  1452.15 Hype  1524.0 Naive  1500.42
The real value of Daiyang Stock, also known as its intrinsic value, is the underlying worth of Daiyang Metal Company, which is reflected in its stock price. It is based on Daiyang Metal's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Daiyang Metal's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
1,452
Real Value
1,676
Upside
Estimating the potential upside or downside of Daiyang Metal Co helps investors to forecast how Daiyang stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Daiyang Metal more accurately as focusing exclusively on Daiyang Metal's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1,4321,5551,679
Details
Hype
Prediction
LowEstimatedHigh
1,5201,5241,528
Details
Naive
Forecast
LowNext ValueHigh
1,4961,5001,505
Details

Daiyang Metal Co Company Current Valuation Analysis

Daiyang Metal's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, Daiyang Metal Co has a Current Valuation of 0.0. This indicator is about the same for the Other average (which is currently at 0.0) sector and about the same as Other (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).

Daiyang Current Valuation Peer Comparison

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

About Daiyang Metal Fundamental Analysis

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

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 Daiyang Metal 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 Daiyang Metal will appreciate offsetting losses from the drop in the long position's value.

Moving together with Daiyang Stock

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Moving against Daiyang Stock

  0.67203650 Dream Security coPairCorr
The ability to find closely correlated positions to Daiyang Metal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daiyang Metal 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 Daiyang Metal - 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 Daiyang Metal Co to buy it.
The correlation of Daiyang Metal 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 Daiyang Metal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daiyang Metal 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 Daiyang Metal 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 Daiyang Stock

Daiyang Metal financial ratios help investors to determine whether Daiyang 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 Daiyang with respect to the benefits of owning Daiyang Metal security.