East Asia Holdings Stock Beta
| 900110 Stock | KRW 65.00 1.00 1.56% |
East Asia Holdings fundamentals help investors to digest information that contributes to East Asia's financial success or failures. It also enables traders to predict the movement of East Stock. The fundamental analysis module provides a way to measure East Asia'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 East Asia stock.
East |
East Asia Holdings Company Beta Analysis
East Asia'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 East Asia Beta | 0.66 |
Most of East Asia'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, East Asia Holdings 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, East Asia Holdings has a Beta of 0.6637. This is much higher than that of the Textiles, Apparel & Luxury Goods sector and significantly higher than that of the Consumer Discretionary industry. The beta for all Republic of Korea stocks is notably lower than that of the firm.
East Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses East Asia'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 East Asia could also be used in its relative valuation, which is a method of valuing East Asia by comparing valuation metrics of similar companies.East Asia is currently under evaluation in beta category among its peers.
As returns on the market increase, East Asia's returns are expected to increase less than the market. However, during the bear market, the loss of holding East Asia is expected to be smaller as well.
East Fundamentals
| Return On Equity | 1.03 | |||
| Return On Asset | 0.0107 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | (163.32 B) | |||
| Shares Outstanding | 109 M | |||
| Shares Owned By Insiders | 17.52 % | |||
| Price To Earning | 8.70 X | |||
| Price To Sales | 0.36 X | |||
| Revenue | 286.59 M | |||
| Gross Profit | 9.46 B | |||
| EBITDA | 4.45 B | |||
| Net Income | 25.42 M | |||
| Cash And Equivalents | 721.71 M | |||
| Debt To Equity | 4.20 % | |||
| Current Ratio | 25.83 X | |||
| Book Value Per Share | 3,313 X | |||
| Cash Flow From Operations | 21.77 M | |||
| Number Of Employees | 691 | |||
| Beta | 0.66 | |||
| Market Capitalization | 18.86 B | |||
| Total Asset | 1.37 B | |||
| Retained Earnings | 113.94 B | |||
| Working Capital | 149.53 B | |||
| Current Asset | 186.78 B | |||
| Current Liabilities | 37.25 B | |||
| Net Asset | 1.37 B |
About East Asia Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze East Asia Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of East Asia using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of East Asia Holdings 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 East Asia
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 East Asia 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 East Asia will appreciate offsetting losses from the drop in the long position's value.Moving together with East Stock
The ability to find closely correlated positions to East Asia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace East Asia 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 East Asia - 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 East Asia Holdings to buy it.
The correlation of East Asia 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 East Asia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if East Asia Holdings 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 East Asia 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 East Stock
East Asia financial ratios help investors to determine whether East 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 East with respect to the benefits of owning East Asia security.