Devsisters Corporation Stock Net Income

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 Net Income Analysis

Devsisters Corporation's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Devsisters Corporation Net Income

    
  60.38 B  
Most of Devsisters Corporation's fundamental indicators, such as Net Income, 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, Devsisters corporation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Based on the recorded statements, Devsisters corporation reported net income of 60.38 B. This is much higher than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The net income for all Republic of Korea stocks is significantly lower than that of the firm.

Devsisters Net Income 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 Net Income 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 net income 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.