Korea Environment Technology Stock Retained Earnings

029960 Stock  KRW 9,020  20.00  0.22%   
Korea Environment Technology fundamentals help investors to digest information that contributes to Korea Environment's financial success or failures. It also enables traders to predict the movement of Korea Stock. The fundamental analysis module provides a way to measure Korea Environment'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 Korea Environment stock.
  
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Korea Environment Technology Company Retained Earnings Analysis

Korea Environment's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Retained Earnings

 = 

Beginning RE + Income

-

Dividends

More About Retained Earnings | All Equity Analysis

Current Korea Environment Retained Earnings

    
  72.86 B  
Most of Korea Environment's fundamental indicators, such as Retained Earnings, 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, Korea Environment Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Competition

Based on the latest financial disclosure, Korea Environment Technology has a Retained Earnings of 72.86 B. This is much higher than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The retained earnings for all Republic of Korea stocks is notably lower than that of the firm.

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Korea Fundamentals

About Korea Environment Fundamental Analysis

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

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 Korea Environment 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 Korea Environment will appreciate offsetting losses from the drop in the long position's value.

Moving against Korea Stock

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

Korea Environment financial ratios help investors to determine whether Korea 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 Korea with respect to the benefits of owning Korea Environment security.