Eugene Technology Coltd Stock Current Asset

084370 Stock  KRW 35,200  1,200  3.30%   
Eugene Technology CoLtd fundamentals help investors to digest information that contributes to Eugene Technology's financial success or failures. It also enables traders to predict the movement of Eugene Stock. The fundamental analysis module provides a way to measure Eugene Technology'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 Eugene Technology 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.

Eugene Technology CoLtd Company Current Asset Analysis

Eugene Technology's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

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More About Current Asset | All Equity Analysis

Current Eugene Technology Current Asset

    
  180.37 B  
Most of Eugene Technology's fundamental indicators, such as Current 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, Eugene Technology CoLtd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

In accordance with the recently published financial statements, Eugene Technology CoLtd has a Current Asset of 180.37 B. This is much higher than that of the Semiconductors & Semiconductor Equipment sector and significantly higher than that of the Information Technology industry. The current asset for all Republic of Korea stocks is notably lower than that of the firm.

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Eugene Fundamentals

About Eugene Technology Fundamental Analysis

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

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 Eugene Technology 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 Eugene Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eugene Stock

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

Eugene Technology financial ratios help investors to determine whether Eugene 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 Eugene with respect to the benefits of owning Eugene Technology security.