Wireless Power Amplifier Stock Current Asset

332570 Stock  KRW 2,230  25.00  1.13%   
Wireless Power Amplifier fundamentals help investors to digest information that contributes to Wireless Power's financial success or failures. It also enables traders to predict the movement of Wireless Stock. The fundamental analysis module provides a way to measure Wireless Power'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 Wireless Power 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.

Wireless Power Amplifier Company Current Asset Analysis

Wireless Power's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

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Liquid Assets

More About Current Asset | All Equity Analysis
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

In accordance with the recently published financial statements, Wireless Power Amplifier has a Current Asset of 0.0. This indicator is about the same for the Information Technology average (which is currently at 0.0) sector and about the same as Electronic Equipment, Instruments & Components (which currently averages 0.0) industry. This indicator is about the same for all Republic of Korea stocks average (which is currently at 0.0).

Wireless Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wireless Power's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Wireless Power could also be used in its relative valuation, which is a method of valuing Wireless Power by comparing valuation metrics of similar companies.
Wireless Power is currently under evaluation in current asset category among its peers.

Wireless Fundamentals

About Wireless Power Fundamental Analysis

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

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 Wireless Power 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 Wireless Power will appreciate offsetting losses from the drop in the long position's value.

Moving together with Wireless Stock

  0.79078600 Daejoo ElectronicPairCorr
  0.65090460 BH CoPairCorr

Moving against Wireless Stock

  0.31045390 DAEA TIPairCorr
  0.31203650 Dream Security coPairCorr
The ability to find closely correlated positions to Wireless Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wireless Power 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 Wireless Power - 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 Wireless Power Amplifier to buy it.
The correlation of Wireless Power 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 Wireless Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wireless Power Amplifier 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 Wireless Power 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 Wireless Stock

Wireless Power financial ratios help investors to determine whether Wireless 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 Wireless with respect to the benefits of owning Wireless Power security.