Miwon Chemical Revenue vs. Beta
| 134380 Stock | 78,500 1,100 1.38% |
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 Beta vs. Revenue 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 rated third in revenue category among its peers. It is rated fourth in beta category among its peers . The ratio of Revenue to Beta for Miwon Chemical is about 484,589,147,239 . 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 Revenue vs. Competition
Miwon Chemical is rated third in revenue category among its peers. Market size based on revenue of Chemicals industry is presently estimated at about 43.17 Trillion. Miwon Chemical adds roughly 197.47 Billion in revenue claiming only tiny portion of stocks in Chemicals industry.
Miwon Beta 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.
Miwon Chemical |
| = | 197.47 B |
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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Miwon Chemical |
| = | 0.41 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Miwon Beta Comparison
Miwon Chemical is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, Miwon Chemical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Miwon Chemical is expected to be smaller as well.
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 Macroaxis Index Thematic Idea Now
Macroaxis Index
An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. The Macroaxis Index theme has 52 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 Macroaxis Index 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.