Aurora World Return On Equity vs. Price To Earning
| 039830 Stock | KRW 6,060 20.00 0.33% |
For Aurora World profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aurora World to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aurora World utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aurora World's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aurora World over time as well as its relative position and ranking within its peers.
Aurora |
Aurora World Price To Earning vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aurora World's current stock value. Our valuation model uses many indicators to compare Aurora World value to that of its competitors to determine the firm's financial worth. Aurora World is number one stock in return on equity category among its peers. It also is number one stock in price to earning category among its peers reporting about 2.76 of Price To Earning per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Aurora World by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Aurora World'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.Aurora Price To Earning vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Aurora World |
| = | 5.4 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Aurora World |
| = | 14.92 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Aurora Price To Earning Comparison
Aurora World is currently under evaluation in price to earning category among its peers.
Aurora World Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aurora World, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aurora World will eventually generate negative long term returns. The profitability progress is the general direction of Aurora World's change in net profit over the period of time. It can combine multiple indicators of Aurora World, 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.
Aurora World Corporation operates as a character and contents company worldwide. The company was founded in 1981 and is headquartered in Seoul, South Korea. AURORA is traded on Korean Securities Dealers Automated Quotations in South Korea.
Aurora Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aurora World. 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 Aurora World 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 Aurora World's important profitability drivers and their relationship over time.
Use Aurora World 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 Aurora World 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 Aurora World will appreciate offsetting losses from the drop in the long position's value.Aurora World Pair Trading
Aurora World Pair Trading Analysis
The ability to find closely correlated positions to Aurora World could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aurora World 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 Aurora World - 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 Aurora World to buy it.
The correlation of Aurora World 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 Aurora World moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aurora World 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 Aurora World 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 Aurora World position
In addition to having Aurora World 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 Munis Funds Thematic Idea Now
Munis Funds
Funds or Etfs that invest in fixed income securities issued by states, cities, and towns as well as other public entities. The Munis Funds theme has 38 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 Munis Funds Theme or any other thematic opportunities.
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Other Information on Investing in Aurora Stock
To fully project Aurora World's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Aurora World 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 Aurora World's income statement, its balance sheet, and the statement of cash flows.