DAEMO Engineering Net Income vs. Beta
| 317850 Stock | KRW 9,850 280.00 2.76% |
For DAEMO Engineering profitability analysis, we use financial ratios and fundamental drivers that measure the ability of DAEMO Engineering to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well DAEMO Engineering Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between DAEMO Engineering's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of DAEMO Engineering Co over time as well as its relative position and ranking within its peers.
DAEMO |
DAEMO Engineering Beta vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining DAEMO Engineering's current stock value. Our valuation model uses many indicators to compare DAEMO Engineering value to that of its competitors to determine the firm's financial worth. DAEMO Engineering Co is number one stock in net income category among its peers. It also is number one stock in beta category among its peers . The ratio of Net Income to Beta for DAEMO Engineering Co is about 3,520,673,900 . Comparative valuation analysis is a catch-all model that can be used if you cannot value DAEMO Engineering by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for DAEMO Engineering'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.DAEMO Beta vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
DAEMO Engineering |
| = | 4.61 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
DAEMO Engineering |
| = | 1.31 |
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.
DAEMO Beta Comparison
DAEMO Engineering is currently under evaluation in beta category among its peers.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, DAEMO Engineering will likely underperform.
DAEMO Engineering Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in DAEMO Engineering, profitability is also one of the essential criteria for including it into their portfolios because, without profit, DAEMO Engineering will eventually generate negative long term returns. The profitability progress is the general direction of DAEMO Engineering's change in net profit over the period of time. It can combine multiple indicators of DAEMO Engineering, 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.
DAEMO Engineering Co., Ltd. manufactures and sells hydraulic attachments worldwide. The company was founded in 1989 and is headquartered in Siheung, South Korea. DAEMO is traded on Korean Securities Dealers Automated Quotations in South Korea.
DAEMO Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on DAEMO Engineering. 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 DAEMO Engineering 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 DAEMO Engineering's important profitability drivers and their relationship over time.
Use DAEMO Engineering 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 DAEMO Engineering 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 DAEMO Engineering will appreciate offsetting losses from the drop in the long position's value.DAEMO Engineering Pair Trading
DAEMO Engineering Co Pair Trading Analysis
The ability to find closely correlated positions to DAEMO Engineering could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DAEMO Engineering 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 DAEMO Engineering - 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 DAEMO Engineering Co to buy it.
The correlation of DAEMO Engineering 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 DAEMO Engineering moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DAEMO Engineering 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 DAEMO Engineering 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 DAEMO Engineering position
In addition to having DAEMO Engineering 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 DAEMO Stock
To fully project DAEMO Engineering's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of DAEMO Engineering 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 DAEMO Engineering's income statement, its balance sheet, and the statement of cash flows.