Itcen Ownership
| 124500 Stock | KRW 4,855 30.00 0.61% |
Itcen |
Itcen Stock Ownership Analysis
About 27.0% of the company shares are owned by insiders or employees . The company had not issued any dividends in recent years. Itcen had 1401:1231 split on the 27th of February 2017. Itcen Co., Ltd. provides consulting, ICT, and outsourcing services and solutions in South Korea. Itcen Co., Ltd. was founded in 2005 and is based in Seoul, South Korea. ITCEN is traded on Korean Securities Dealers Automated Quotations in South Korea. For more info on Itcen Co please contact Chung Lee at 82 2 3497 8300 or go to http://www.itcen.co.kr.Itcen Outstanding Bonds
Itcen 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. Itcen 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 Itcen bonds can be classified according to their maturity, which is the date when Itcen Co 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.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Pair Trading with Itcen
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 Itcen 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 Itcen will appreciate offsetting losses from the drop in the long position's value.Moving against Itcen Stock
| 0.63 | 045340 | Total Soft Bank | PairCorr |
| 0.61 | 050960 | SOOSAN INT | PairCorr |
| 0.57 | 025950 | Dongsin Engineering | PairCorr |
| 0.46 | 217270 | Daishin Balance 1 | PairCorr |
| 0.39 | 215480 | Daewoo SBI SPAC | PairCorr |
The ability to find closely correlated positions to Itcen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Itcen 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 Itcen - 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 Itcen Co to buy it.
The correlation of Itcen 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 Itcen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Itcen 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 Itcen 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 Itcen Stock
Itcen financial ratios help investors to determine whether Itcen 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 Itcen with respect to the benefits of owning Itcen security.