Doubleu Games Co Stock Beta
| 192080 Stock | 48,500 700.00 1.46% |
DoubleU Games Co fundamentals help investors to digest information that contributes to DoubleU Games' financial success or failures. It also enables traders to predict the movement of DoubleU Stock. The fundamental analysis module provides a way to measure DoubleU Games' 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 DoubleU Games stock.
DoubleU |
DoubleU Games Co Company Beta Analysis
DoubleU Games' 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 DoubleU Games Beta | 0.28 |
Most of DoubleU Games' 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, DoubleU Games 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, DoubleU Games Co has a Beta of 0.2789. This is 78.21% lower than that of the Communication Services sector and significantly higher than that of the Electronic Gaming & Multimedia industry. The beta for all Republic of Korea stocks is notably lower than that of the firm.
DoubleU Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses DoubleU Games' 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 DoubleU Games could also be used in its relative valuation, which is a method of valuing DoubleU Games by comparing valuation metrics of similar companies.DoubleU Games is currently under evaluation in beta category among its peers.
As returns on the market increase, DoubleU Games' returns are expected to increase less than the market. However, during the bear market, the loss of holding DoubleU Games is expected to be smaller as well.
DoubleU Fundamentals
| Return On Equity | 0.0169 | |||
| Return On Asset | 0.0721 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.29 % | |||
| Current Valuation | 288.52 B | |||
| Shares Outstanding | 16.7 M | |||
| Shares Owned By Insiders | 43.53 % | |||
| Shares Owned By Institutions | 14.97 % | |||
| Price To Book | 0.86 X | |||
| Price To Sales | 1.33 X | |||
| Revenue | 624.06 B | |||
| Gross Profit | 624.06 B | |||
| EBITDA | 227.1 B | |||
| Net Income | 125.46 B | |||
| Total Debt | 49.83 B | |||
| Cash Flow From Operations | 189.5 B | |||
| Earnings Per Share | 1,720 X | |||
| Target Price | 66889.0 | |||
| Number Of Employees | 317 | |||
| Beta | 0.28 | |||
| Market Capitalization | 790.55 B | |||
| Total Asset | 1.38 T | |||
| Z Score | 9.0 | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 1.38 T | |||
| Last Dividend Paid | 600.0 |
About DoubleU Games Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze DoubleU Games Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DoubleU Games using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DoubleU Games 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 DoubleU Games
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 DoubleU Games 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 DoubleU Games will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to DoubleU Games could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DoubleU Games 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 DoubleU Games - 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 DoubleU Games Co to buy it.
The correlation of DoubleU Games 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 DoubleU Games moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DoubleU Games 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 DoubleU Games 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 DoubleU Stock
DoubleU Games financial ratios help investors to determine whether DoubleU 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 DoubleU with respect to the benefits of owning DoubleU Games security.