Iljin HySolus Earnings Per Share vs. Return On Equity
| 271940 Stock | 16,330 270.00 1.63% |
For Iljin HySolus profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Iljin HySolus to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Iljin HySolus Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Iljin HySolus's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Iljin HySolus Co over time as well as its relative position and ranking within its peers.
Iljin |
Iljin HySolus Return On Equity vs. Earnings Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Iljin HySolus's current stock value. Our valuation model uses many indicators to compare Iljin HySolus value to that of its competitors to determine the firm's financial worth. Iljin HySolus Co is number one stock in earnings per share category among its peers. It also is number one stock in return on equity category among its peers . The ratio of Earnings Per Share to Return On Equity for Iljin HySolus Co is about 1,837 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Iljin HySolus by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Iljin HySolus' 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.Iljin Return On Equity vs. Earnings Per Share
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Iljin HySolus |
| = | 54.00 X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
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.
Iljin HySolus |
| = | 0.0294 |
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.
Iljin Return On Equity Comparison
Iljin HySolus is currently under evaluation in return on equity category among its peers.
Iljin Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Iljin HySolus. 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 Iljin HySolus 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 Iljin HySolus' important profitability drivers and their relationship over time.
Use Iljin HySolus 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 Iljin HySolus 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 Iljin HySolus will appreciate offsetting losses from the drop in the long position's value.Iljin HySolus Pair Trading
Iljin HySolus Co Pair Trading Analysis
The ability to find closely correlated positions to Iljin HySolus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Iljin HySolus 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 Iljin HySolus - 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 Iljin HySolus Co to buy it.
The correlation of Iljin HySolus 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 Iljin HySolus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Iljin HySolus 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 Iljin HySolus 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 Iljin HySolus position
In addition to having Iljin HySolus 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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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Rubber and Plastic Products theme has 27 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 Rubber and Plastic Products Theme or any other thematic opportunities.
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Other Information on Investing in Iljin Stock
To fully project Iljin HySolus' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Iljin HySolus 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 Iljin HySolus' income statement, its balance sheet, and the statement of cash flows.