LG Chemicals Ownership
| 051910 Stock | 239,500 1,500 0.62% |
051910 |
051910 Stock Ownership Analysis
About 33.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.55. In the past many companies with similar price-to-book ratios have beat the market. LG Chemicals recorded earning per share (EPS) of 4956.35. The entity last dividend was issued on the 28th of December 2022. The firm had 739:839 split on the 20th of April 2009. For more info on LG Chemicals please contact HakCheol Shin at 82 2 3773 1114 or go to https://www.lgchem.com.LG Chemicals Outstanding Bonds
LG Chemicals 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. LG Chemicals 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 051910 bonds can be classified according to their maturity, which is the date when LG Chemicals 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.
Pair Trading with LG Chemicals
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 LG Chemicals 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 LG Chemicals will appreciate offsetting losses from the drop in the long position's value.Moving together with 051910 Stock
| 0.96 | 005490 | POSCO Holdings | PairCorr |
| 0.88 | 011170 | Lotte Chemical Corp Earnings Call This Week | PairCorr |
| 0.67 | 004020 | Hyundai Steel | PairCorr |
Moving against 051910 Stock
The ability to find closely correlated positions to LG Chemicals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LG Chemicals 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 LG Chemicals - 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 LG Chemicals to buy it.
The correlation of LG Chemicals 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 LG Chemicals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LG Chemicals 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 LG Chemicals 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 051910 Stock
LG Chemicals financial ratios help investors to determine whether 051910 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 051910 with respect to the benefits of owning LG Chemicals security.