Korea Environment Operating Margin vs. Return On Asset
| 029960 Stock | KRW 9,060 40.00 0.44% |
For Korea Environment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Korea Environment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Korea Environment Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Korea Environment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Korea Environment Technology over time as well as its relative position and ranking within its peers.
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Korea Environment Return On Asset vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Korea Environment's current stock value. Our valuation model uses many indicators to compare Korea Environment value to that of its competitors to determine the firm's financial worth. Korea Environment Technology is number one stock in operating margin category among its peers. It is rated second in return on asset category among its peers reporting about 0.24 of Return On Asset per Operating Margin. The ratio of Operating Margin to Return On Asset for Korea Environment Technology is roughly 4.09 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Korea Environment by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Korea Environment's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Korea Return On Asset vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Korea Environment |
| = | 0.41 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Korea Environment |
| = | 0.0993 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Korea Return On Asset Comparison
Korea Environment is currently under evaluation in return on asset category among its peers.
Korea Environment Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Korea Environment, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Korea Environment will eventually generate negative long term returns. The profitability progress is the general direction of Korea Environment's change in net profit over the period of time. It can combine multiple indicators of Korea Environment, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Koentec Co., Ltd. engages in the collection, transportation, and disposal of wastes.
Korea Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Korea Environment. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Korea Environment position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Korea Environment's important profitability drivers and their relationship over time.
Use Korea Environment in pair-trading
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 Korea Environment 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 Korea Environment will appreciate offsetting losses from the drop in the long position's value.Korea Environment Pair Trading
Korea Environment Technology Pair Trading Analysis
The ability to find closely correlated positions to Korea Environment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Korea Environment 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 Korea Environment - 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 Korea Environment Technology to buy it.
The correlation of Korea Environment 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 Korea Environment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Korea Environment 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 Korea Environment 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.Use Investing Themes to Complement your Korea Environment position
In addition to having Korea Environment in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Long/short ETFs Thematic Idea Now
Long/short ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Long/short ETFs theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Long/short ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Korea Stock
To fully project Korea Environment's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Korea Environment at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Korea Environment's income statement, its balance sheet, and the statement of cash flows.