Hwacheon Machinery Co Stock EBITDA
| 010660 Stock | 3,170 360.00 12.81% |
Hwacheon Machinery Co fundamentals help investors to digest information that contributes to Hwacheon Machinery's financial success or failures. It also enables traders to predict the movement of Hwacheon Stock. The fundamental analysis module provides a way to measure Hwacheon Machinery's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hwacheon Machinery stock.
Hwacheon |
Hwacheon Machinery Co Company EBITDA Analysis
Hwacheon Machinery's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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According to the company disclosure, Hwacheon Machinery Co reported earnings before interest,tax, depreciation and amortization of 0.0. This indicator is about the same for the Other average (which is currently at 0.0) sector and about the same as Other (which currently averages 0.0) industry. This indicator is about the same for all Republic of Korea stocks average (which is currently at 0.0).
Hwacheon EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hwacheon Machinery's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hwacheon Machinery could also be used in its relative valuation, which is a method of valuing Hwacheon Machinery by comparing valuation metrics of similar companies.Hwacheon Machinery is currently under evaluation in ebitda category among its peers.
About Hwacheon Machinery Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hwacheon Machinery Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hwacheon Machinery using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hwacheon Machinery Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Hwacheon Machinery
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 Hwacheon Machinery 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 Hwacheon Machinery will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Hwacheon Machinery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hwacheon Machinery 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 Hwacheon Machinery - 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 Hwacheon Machinery Co to buy it.
The correlation of Hwacheon Machinery 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 Hwacheon Machinery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hwacheon Machinery 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 Hwacheon Machinery 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.Other Information on Investing in Hwacheon Stock
Hwacheon Machinery financial ratios help investors to determine whether Hwacheon Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hwacheon with respect to the benefits of owning Hwacheon Machinery security.