Hyundai Heavy Industries Stock Net Income
| 329180 Stock | 220,000 5,500 2.44% |
Hyundai Heavy Industries fundamentals help investors to digest information that contributes to Hyundai Heavy's financial success or failures. It also enables traders to predict the movement of Hyundai Stock. The fundamental analysis module provides a way to measure Hyundai Heavy'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 Hyundai Heavy stock.
Hyundai |
Hyundai Heavy Industries Company Net Income Analysis
Hyundai Heavy'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.
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, Hyundai Heavy Industries reported net income of 0.0. This is 100.0% lower than that of the Industrials sector and 100.0% lower than that of the Aerospace & Defense industry. The net income for all Republic of Korea stocks is 100.0% higher than that of the company.
Hyundai Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hyundai Heavy'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 Hyundai Heavy could also be used in its relative valuation, which is a method of valuing Hyundai Heavy by comparing valuation metrics of similar companies.Hyundai Heavy is currently under evaluation in net income category among its peers.
Hyundai Fundamentals
| Return On Equity | -0.12 | |||
| Return On Asset | -0.0301 | |||
| Profit Margin | (0.08) % | |||
| Operating Margin | (0.09) % | |||
| Current Valuation | 12.27 T | |||
| Shares Outstanding | 88.77 M | |||
| Shares Owned By Insiders | 81.71 % | |||
| Shares Owned By Institutions | 10.44 % | |||
| Price To Book | 1.93 X | |||
| Price To Sales | 1.19 X | |||
| Revenue | 8.85 T | |||
| Gross Profit | (212.25 B) | |||
| EBITDA | (544.05 B) | |||
| Target Price | 147471.0 | |||
| Number Of Employees | 12.22 K | |||
| Market Capitalization | 9.77 T |
About Hyundai Heavy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hyundai Heavy Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hyundai Heavy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hyundai Heavy Industries 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 Hyundai Heavy
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 Hyundai Heavy 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 Hyundai Heavy will appreciate offsetting losses from the drop in the long position's value.Moving together with Hyundai Stock
Moving against Hyundai Stock
| 0.68 | 005490 | POSCO Holdings | PairCorr |
| 0.47 | 034730 | SK Holdings | PairCorr |
| 0.42 | 005385 | Hyundai Motor | PairCorr |
| 0.37 | 005930 | Samsung Electronics | PairCorr |
| 0.36 | 005380 | Hyundai Motor | PairCorr |
The ability to find closely correlated positions to Hyundai Heavy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hyundai Heavy 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 Hyundai Heavy - 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 Hyundai Heavy Industries to buy it.
The correlation of Hyundai Heavy 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 Hyundai Heavy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hyundai Heavy Industries 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 Hyundai Heavy 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 Hyundai Stock
Hyundai Heavy financial ratios help investors to determine whether Hyundai 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 Hyundai with respect to the benefits of owning Hyundai Heavy security.