Devsisters Corporation Stock Book Value Per Share

194480 Stock  KRW 31,200  1,550  5.23%   
Devsisters corporation fundamentals help investors to digest information that contributes to Devsisters Corporation's financial success or failures. It also enables traders to predict the movement of Devsisters Stock. The fundamental analysis module provides a way to measure Devsisters Corporation'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 Devsisters Corporation 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.

Devsisters corporation Company Book Value Per Share Analysis

Devsisters Corporation's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

In accordance with the recently published financial statements, the book value per share of Devsisters corporation is about 0.0 times. This is 100.0% lower than that of the Entertainment sector and about the same as Communication Services (which currently averages 0.0) industry. The book value per share for all Republic of Korea stocks is 100.0% higher than that of the company.

Devsisters Book Value Per Share Peer Comparison

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

Devsisters Fundamentals

About Devsisters Corporation Fundamental Analysis

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

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 Devsisters Corporation 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 Devsisters Corporation will appreciate offsetting losses from the drop in the long position's value.

Moving together with Devsisters Stock

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  0.72000270 Kia CorpPairCorr

Moving against Devsisters Stock

  0.76030200 KT CorporationPairCorr
The ability to find closely correlated positions to Devsisters Corporation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Devsisters Corporation 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 Devsisters Corporation - 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 Devsisters corporation to buy it.
The correlation of Devsisters Corporation 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 Devsisters Corporation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Devsisters corporation 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 Devsisters Corporation 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 Devsisters Stock

Devsisters Corporation financial ratios help investors to determine whether Devsisters 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 Devsisters with respect to the benefits of owning Devsisters Corporation security.