Simmtech Holdings Co Stock Beta
| 036710 Stock | KRW 1,193 18.00 1.49% |
Simmtech Holdings Co fundamentals help investors to digest information that contributes to Simmtech Holdings' financial success or failures. It also enables traders to predict the movement of Simmtech Stock. The fundamental analysis module provides a way to measure Simmtech Holdings' 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 Simmtech Holdings stock.
Simmtech |
Simmtech Holdings Co Company Beta Analysis
Simmtech Holdings' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Simmtech Holdings Beta | 1.3 |
Most of Simmtech Holdings' fundamental indicators, such as Beta, 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, Simmtech Holdings Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Simmtech Holdings Co has a Beta of 1.3005. This is much higher than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The beta for all Republic of Korea stocks is notably lower than that of the firm.
Simmtech Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Simmtech Holdings' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Simmtech Holdings could also be used in its relative valuation, which is a method of valuing Simmtech Holdings by comparing valuation metrics of similar companies.Simmtech Holdings is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Simmtech Holdings will likely underperform.
Simmtech Fundamentals
| Return On Equity | 25.73 | |||
| Return On Asset | 0.0771 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 424.19 B | |||
| Shares Outstanding | 35.72 M | |||
| Shares Owned By Insiders | 47.87 % | |||
| Shares Owned By Institutions | 0.70 % | |||
| Price To Earning | 0.71 X | |||
| Price To Sales | 0.08 X | |||
| Revenue | 1.37 T | |||
| Gross Profit | 194.49 B | |||
| EBITDA | 190.94 B | |||
| Net Income | 106.57 B | |||
| Cash And Equivalents | 70 | |||
| Cash Per Share | 490.36 X | |||
| Total Debt | 76.16 B | |||
| Debt To Equity | 135.70 % | |||
| Current Ratio | 0.47 X | |||
| Cash Flow From Operations | 84.33 B | |||
| Target Price | 17750.0 | |||
| Number Of Employees | 26 | |||
| Beta | 1.3 | |||
| Market Capitalization | 120.92 B | |||
| Total Asset | 977.7 B | |||
| Retained Earnings | 180.87 B | |||
| Working Capital | (139.56 B) | |||
| Current Asset | 159.03 B | |||
| Current Liabilities | 298.59 B | |||
| Z Score | 1.6 | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 977.7 B |
About Simmtech Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Simmtech Holdings Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Simmtech Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Simmtech Holdings 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 Simmtech Holdings
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 Simmtech Holdings 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 Simmtech Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Simmtech Stock
| 0.97 | 254120 | Xavis | PairCorr |
| 0.93 | 353190 | Hurum | PairCorr |
| 0.74 | 336570 | Daishin Balance No8 | PairCorr |
| 0.78 | 034830 | Korea Real Estate | PairCorr |
| 0.74 | 030350 | Dragonfly GF Split | PairCorr |
The ability to find closely correlated positions to Simmtech Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Simmtech Holdings 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 Simmtech Holdings - 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 Simmtech Holdings Co to buy it.
The correlation of Simmtech Holdings 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 Simmtech Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Simmtech Holdings 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 Simmtech Holdings 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 Simmtech Stock
Simmtech Holdings financial ratios help investors to determine whether Simmtech 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 Simmtech with respect to the benefits of owning Simmtech Holdings security.