WISE ITech Return On Equity vs. Total Debt
| 065370 Stock | KRW 4,165 155.00 3.87% |
For WISE ITech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of WISE ITech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well WISE iTech Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between WISE ITech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of WISE iTech Co over time as well as its relative position and ranking within its peers.
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WISE iTech Total Debt vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining WISE ITech's current stock value. Our valuation model uses many indicators to compare WISE ITech value to that of its competitors to determine the firm's financial worth. WISE iTech Co is rated second in return on equity category among its peers. It is rated third in total debt category among its peers making up about 590,271,578 of Total Debt per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value WISE ITech by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for WISE ITech'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.WISE Total Debt 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.
WISE ITech |
| = | 19.16 |
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.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
WISE ITech |
| = | 11.31 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
WISE Total Debt vs Competition
WISE iTech Co is rated third in total debt category among its peers. Total debt of Software industry is presently estimated at about 67.26 Billion. WISE ITech retains roughly 11.31 Billion in total debt claiming about 17% of equities listed under Software industry.
WISE ITech Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in WISE ITech, profitability is also one of the essential criteria for including it into their portfolios because, without profit, WISE ITech will eventually generate negative long term returns. The profitability progress is the general direction of WISE ITech's change in net profit over the period of time. It can combine multiple indicators of WISE ITech, 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.
WISE iTech Co., Ltd. provides machine learning, big data analysis, data quality, and public data opening solutions. The company was founded in 1990 and is based in Seongnam, South Korea. WISE ITech is traded on Korean Securities Dealers Automated Quotations in South Korea.
WISE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on WISE ITech. 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 WISE ITech 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 WISE ITech's important profitability drivers and their relationship over time.
Use WISE ITech 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 WISE ITech 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 WISE ITech will appreciate offsetting losses from the drop in the long position's value.WISE ITech Pair Trading
WISE iTech Co Pair Trading Analysis
The ability to find closely correlated positions to WISE ITech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WISE ITech 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 WISE ITech - 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 WISE iTech Co to buy it.
The correlation of WISE ITech 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 WISE ITech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WISE iTech 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 WISE ITech 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 WISE ITech position
In addition to having WISE ITech 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?
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Other Information on Investing in WISE Stock
To fully project WISE ITech's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of WISE iTech 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 WISE ITech's income statement, its balance sheet, and the statement of cash flows.