Yooshin Engineering Stock Total Asset

054930 Stock  KRW 24,900  250.00  1.01%   
Yooshin Engineering fundamentals help investors to digest information that contributes to Yooshin Engineering's financial success or failures. It also enables traders to predict the movement of Yooshin Stock. The fundamental analysis module provides a way to measure Yooshin Engineering'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 Yooshin Engineering 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.

Yooshin Engineering Company Total Asset Analysis

Yooshin Engineering's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

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Intangible Assets

More About Total Asset | All Equity Analysis

Current Yooshin Engineering Total Asset

    
  220.47 B  
Most of Yooshin Engineering's fundamental indicators, such as Total Asset, 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, Yooshin Engineering is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Based on the latest financial disclosure, Yooshin Engineering has a Total Asset of 220.47 B. This is much higher than that of the Construction & Engineering sector and significantly higher than that of the Industrials industry. The total asset for all Republic of Korea stocks is significantly lower than that of the firm.

Yooshin Total Asset Peer Comparison

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

Yooshin Fundamentals

About Yooshin Engineering Fundamental Analysis

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

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 Yooshin Engineering 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 Yooshin Engineering will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Yooshin Engineering could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yooshin Engineering 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 Yooshin Engineering - 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 Yooshin Engineering to buy it.
The correlation of Yooshin Engineering 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 Yooshin Engineering moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yooshin Engineering 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 Yooshin Engineering 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 Yooshin Stock

Yooshin Engineering financial ratios help investors to determine whether Yooshin 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 Yooshin with respect to the benefits of owning Yooshin Engineering security.