Miwon Chemical Number Of Employees vs. Return On Asset
134380 Stock | 77,800 1,100 1.43% |
For Miwon Chemical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Miwon Chemical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Miwon Chemical utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Miwon Chemical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Miwon Chemical over time as well as its relative position and ranking within its peers.
Miwon |
Miwon Chemical Return On Asset vs. Number Of Employees Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Miwon Chemical's current stock value. Our valuation model uses many indicators to compare Miwon Chemical value to that of its competitors to determine the firm's financial worth. Miwon Chemical is number one stock in number of employees category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.07 of Return On Asset per Number Of Employees. The ratio of Number Of Employees to Return On Asset for Miwon Chemical is roughly 13.59 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Miwon Chemical by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Miwon Chemical'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.Miwon Number Of Employees vs. Competition
Miwon Chemical is number one stock in number of employees category among its peers. The total workforce of Chemicals industry is presently estimated at about 504. Miwon Chemical adds roughly 1.0 in number of employees claiming only tiny portion of stocks in Chemicals industry.
Miwon Return On Asset vs. Number Of Employees
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
Miwon Chemical |
| = | 1 |
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
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.
Miwon Chemical |
| = | 0.0736 |
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.
Miwon Return On Asset Comparison
Miwon Chemical is currently under evaluation in return on asset category among its peers.
Miwon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Miwon Chemical. 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 Miwon Chemical 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 Miwon Chemical's important profitability drivers and their relationship over time.
Use Miwon Chemical 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 Miwon Chemical 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 Miwon Chemical will appreciate offsetting losses from the drop in the long position's value.Miwon Chemical Pair Trading
Miwon Chemical Pair Trading Analysis
The ability to find closely correlated positions to Miwon Chemical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Miwon Chemical 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 Miwon Chemical - 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 Miwon Chemical to buy it.
The correlation of Miwon Chemical 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 Miwon Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Miwon Chemical 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 Miwon Chemical 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 Miwon Chemical position
In addition to having Miwon Chemical 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 Small Growth Funds Thematic Idea Now
Small Growth Funds
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 37 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 Small Growth Funds Theme or any other thematic opportunities.
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Other Information on Investing in Miwon Stock
To fully project Miwon Chemical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Miwon Chemical 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 Miwon Chemical's income statement, its balance sheet, and the statement of cash flows.