Keum Kang Steel Stock Revenue

053260 Stock  KRW 4,295  40.00  0.94%   
Keum Kang Steel fundamentals help investors to digest information that contributes to Keum Kang's financial success or failures. It also enables traders to predict the movement of Keum Stock. The fundamental analysis module provides a way to measure Keum Kang'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 Keum Kang 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.

Keum Kang Steel Company Revenue Analysis

Keum Kang's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Revenue

 = 

Money Received

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Discounts and Returns

More About Revenue | All Equity Analysis

Current Keum Kang Revenue

    
  236.22 B  
Most of Keum Kang's fundamental indicators, such as Revenue, 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, Keum Kang Steel is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Competition

Based on the latest financial disclosure, Keum Kang Steel reported 236.22 B of revenue. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The revenue for all Republic of Korea stocks is significantly lower than that of the firm.

Keum Revenue Peer Comparison

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

Keum Fundamentals

About Keum Kang Fundamental Analysis

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

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 Keum Kang 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 Keum Kang will appreciate offsetting losses from the drop in the long position's value.

Moving together with Keum Stock

  0.77009830 Hanwha SolutionsPairCorr
  0.82004020 Hyundai SteelPairCorr

Moving against Keum Stock

  0.66001430 SeAH BesteePairCorr
The ability to find closely correlated positions to Keum Kang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Keum Kang 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 Keum Kang - 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 Keum Kang Steel to buy it.
The correlation of Keum Kang 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 Keum Kang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Keum Kang Steel 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 Keum Kang 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 Keum Stock

Keum Kang financial ratios help investors to determine whether Keum 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 Keum with respect to the benefits of owning Keum Kang security.