Ssangyong Information Communication Stock Gross Profit
| 010280 Stock | 616.00 7.00 1.12% |
Ssangyong Information Communication fundamentals help investors to digest information that contributes to Ssangyong Information's financial success or failures. It also enables traders to predict the movement of Ssangyong Stock. The fundamental analysis module provides a way to measure Ssangyong Information'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 Ssangyong Information stock.
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Ssangyong Information Communication Company Gross Profit Analysis
Ssangyong Information's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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According to the company disclosure, Ssangyong Information Communication reported 0.0 of gross profit. This indicator is about the same for the Information Technology average (which is currently at 0.0) sector and about the same as IT Services (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).
Ssangyong Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ssangyong Information's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ssangyong Information could also be used in its relative valuation, which is a method of valuing Ssangyong Information by comparing valuation metrics of similar companies.Ssangyong Information is currently under evaluation in gross profit category among its peers.
About Ssangyong Information Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ssangyong Information Communication's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ssangyong Information using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ssangyong Information Communication 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 Ssangyong Information
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 Ssangyong Information 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 Ssangyong Information will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Ssangyong Information could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ssangyong Information 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 Ssangyong Information - 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 Ssangyong Information Communication to buy it.
The correlation of Ssangyong Information 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 Ssangyong Information moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ssangyong Information 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 Ssangyong Information 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 Ssangyong Stock
Ssangyong Information financial ratios help investors to determine whether Ssangyong 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 Ssangyong with respect to the benefits of owning Ssangyong Information security.