Dongwon Ind Ownership
006040 Stock | 35,050 50.00 0.14% |
Dongwon |
Dongwon Stock Ownership Analysis
About 23.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.45. In the past many companies with similar price-to-book ratios have beat the market. Dongwon Ind last dividend was issued on the 29th of December 2021. The entity had 1:0 split on the 27th of April 2024. For more info on Dongwon Ind please contact the company at 82 2 589 3333 or go to https://www.dwml.co.kr.Dongwon Ind Outstanding Bonds
Dongwon Ind issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Dongwon Ind uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Dongwon bonds can be classified according to their maturity, which is the date when Dongwon Ind has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Pair Trading with Dongwon Ind
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 Dongwon Ind 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 Dongwon Ind will appreciate offsetting losses from the drop in the long position's value.Moving against Dongwon Stock
0.87 | 055550 | Shinhan Financial | PairCorr |
0.7 | 036460 | Korea Gas | PairCorr |
0.63 | 105560 | KB Financial Group | PairCorr |
0.6 | 005387 | Hyundai Motor Earnings Call Next Week | PairCorr |
0.56 | 316140 | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to Dongwon Ind could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dongwon Ind 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 Dongwon Ind - 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 Dongwon Ind to buy it.
The correlation of Dongwon Ind 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 Dongwon Ind moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dongwon Ind 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 Dongwon Ind 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 Dongwon Stock
Dongwon Ind financial ratios help investors to determine whether Dongwon 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 Dongwon with respect to the benefits of owning Dongwon Ind security.