Daishin Balance Current Ratio vs. Cash Per Share
| 336570 Stock | KRW 4,215 120.00 2.77% |
For Daishin Balance profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Daishin Balance to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Daishin Balance No8 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Daishin Balance's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Daishin Balance No8 over time as well as its relative position and ranking within its peers.
Daishin |
Daishin Balance No8 Cash Per Share vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Daishin Balance's current stock value. Our valuation model uses many indicators to compare Daishin Balance value to that of its competitors to determine the firm's financial worth. Daishin Balance No8 is number one stock in current ratio category among its peers. It is rated second in cash per share category among its peers fabricating about 0.05 of Cash Per Share per Current Ratio. The ratio of Current Ratio to Cash Per Share for Daishin Balance No8 is roughly 18.68 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Daishin Balance by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Daishin Balance'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.Daishin Cash Per Share vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Daishin Balance |
| = | 885.28 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Daishin Balance |
| = | 47.40 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Daishin Balance Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Daishin Balance, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Daishin Balance will eventually generate negative long term returns. The profitability progress is the general direction of Daishin Balance's change in net profit over the period of time. It can combine multiple indicators of Daishin Balance, 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.
Daishin Balance No.8 Special Purpose Acquisition Co., Ltd. intends to acquire or merge with other companies. DaishinBalanceNo is traded on Korean Securities Dealers Automated Quotations in South Korea.
Daishin Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Daishin Balance. 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 Daishin Balance 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 Daishin Balance's important profitability drivers and their relationship over time.
Use Daishin Balance 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 Daishin Balance 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 Daishin Balance will appreciate offsetting losses from the drop in the long position's value.Daishin Balance Pair Trading
Daishin Balance No8 Pair Trading Analysis
The ability to find closely correlated positions to Daishin Balance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daishin Balance 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 Daishin Balance - 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 Daishin Balance No8 to buy it.
The correlation of Daishin Balance 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 Daishin Balance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daishin Balance No8 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 Daishin Balance 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 Daishin Balance position
In addition to having Daishin Balance 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 Daishin Stock
To fully project Daishin Balance's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Daishin Balance No8 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 Daishin Balance's income statement, its balance sheet, and the statement of cash flows.