Daehan Steel Revenue vs. Target Price
| 084010 Stock | 15,510 50.00 0.32% |
For Daehan Steel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Daehan Steel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Daehan Steel utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Daehan Steel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Daehan Steel over time as well as its relative position and ranking within its peers.
Daehan |
Daehan Steel Target Price vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Daehan Steel's current stock value. Our valuation model uses many indicators to compare Daehan Steel value to that of its competitors to determine the firm's financial worth. Daehan Steel is the top company in revenue category among its peers. It also is number one stock in target price category among its peers . The ratio of Revenue to Target Price for Daehan Steel is about 96,681,204 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Daehan Steel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Daehan Steel'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.Daehan Revenue vs. Competition
Daehan Steel is the top company in revenue category among its peers. Market size based on revenue of Materials industry is presently estimated at about 4.52 Trillion. Daehan Steel totals roughly 2.03 Trillion in revenue claiming about 45% of all equities under Materials industry.
Daehan Target Price vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Daehan Steel |
| = | 2.03 T |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Daehan Steel | = | 21000.0 |
Daehan Target Price Comparison
Daehan Steel is currently under evaluation in target price category among its peers.
Daehan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Daehan Steel. 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 Daehan Steel 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 Daehan Steel's important profitability drivers and their relationship over time.
Use Daehan Steel 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 Daehan Steel 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 Daehan Steel will appreciate offsetting losses from the drop in the long position's value.Daehan Steel Pair Trading
Daehan Steel Pair Trading Analysis
The ability to find closely correlated positions to Daehan Steel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daehan Steel 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 Daehan Steel - 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 Daehan Steel to buy it.
The correlation of Daehan Steel 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 Daehan Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daehan Steel 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 Daehan Steel 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 Daehan Steel position
In addition to having Daehan Steel 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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Companies that develop and distribute software and software systems to individuals or business. The Software theme has 42 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 Software Theme or any other thematic opportunities.
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Other Information on Investing in Daehan Stock
To fully project Daehan Steel's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Daehan Steel 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 Daehan Steel's income statement, its balance sheet, and the statement of cash flows.