Sugentech Stock Beta
| 253840 Stock | KRW 5,750 80.00 1.41% |
Sugentech fundamentals help investors to digest information that contributes to Sugentech's financial success or failures. It also enables traders to predict the movement of Sugentech Stock. The fundamental analysis module provides a way to measure Sugentech'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 Sugentech stock.
Sugentech |
Sugentech Company Beta Analysis
Sugentech's 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 Sugentech Beta | -4.31 |
Most of Sugentech's 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, Sugentech 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, Sugentech has a Beta of -4.3064. This is 600.74% lower than that of the Healthcare sector and significantly lower than that of the Health Care Equipment & Supplies industry. The beta for all Republic of Korea stocks is notably higher than that of the company.
Sugentech Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sugentech's 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 Sugentech could also be used in its relative valuation, which is a method of valuing Sugentech by comparing valuation metrics of similar companies.Sugentech is rated below average in beta category among its peers.
As returns on the market increase, returns on owning Sugentech are expected to decrease by larger amounts. On the other hand, during market turmoil, Sugentech is expected to outperform it.
Sugentech Fundamentals
| Return On Equity | 50.19 | |||
| Return On Asset | 0.31 | |||
| Profit Margin | (0.64) % | |||
| Operating Margin | 0.58 % | |||
| Current Valuation | 293.17 B | |||
| Shares Outstanding | 11.43 M | |||
| Shares Owned By Insiders | 18.66 % | |||
| Shares Owned By Institutions | 0.19 % | |||
| Price To Sales | 3.39 X | |||
| Revenue | 77.2 B | |||
| Gross Profit | 31.48 B | |||
| EBITDA | 31.06 B | |||
| Net Income | 36.15 B | |||
| Cash And Equivalents | 66.1 B | |||
| Total Debt | 670.21 M | |||
| Debt To Equity | 0.05 % | |||
| Current Ratio | 10.85 X | |||
| Cash Flow From Operations | 38.96 B | |||
| Number Of Employees | 96 | |||
| Beta | -4.31 | |||
| Market Capitalization | 100.89 B | |||
| Total Asset | 155.56 B | |||
| Z Score | 90.0 | |||
| Net Asset | 155.56 B |
About Sugentech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sugentech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sugentech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sugentech 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 Sugentech
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 Sugentech 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 Sugentech will appreciate offsetting losses from the drop in the long position's value.Moving together with Sugentech Stock
Moving against Sugentech Stock
The ability to find closely correlated positions to Sugentech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sugentech 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 Sugentech - 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 Sugentech to buy it.
The correlation of Sugentech 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 Sugentech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sugentech 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 Sugentech 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 Sugentech Stock
Sugentech financial ratios help investors to determine whether Sugentech 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 Sugentech with respect to the benefits of owning Sugentech security.