Leeno Industrial Stock Shares Outstanding

058470 Stock  KRW 155,800  2,700  1.76%   
LEENO Industrial fundamentals help investors to digest information that contributes to LEENO Industrial's financial success or failures. It also enables traders to predict the movement of LEENO Stock. The fundamental analysis module provides a way to measure LEENO Industrial'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 LEENO Industrial stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

LEENO Industrial Company Shares Outstanding Analysis

LEENO Industrial's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

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Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current LEENO Industrial Shares Outstanding

    
  15.8 M  
Most of LEENO Industrial's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, LEENO Industrial is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Based on the latest financial disclosure, LEENO Industrial has 15.8 M of shares currently outstending. This is much higher than that of the Semiconductors & Semiconductor Equipment sector and significantly higher than that of the Information Technology industry. The shares outstanding for all Republic of Korea stocks is notably lower than that of the firm.

LEENO Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LEENO Industrial's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of LEENO Industrial could also be used in its relative valuation, which is a method of valuing LEENO Industrial by comparing valuation metrics of similar companies.
LEENO Industrial is currently under evaluation in shares outstanding category among its peers.

LEENO Fundamentals

About LEENO Industrial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze LEENO Industrial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LEENO Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LEENO Industrial 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 LEENO Industrial

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 LEENO Industrial 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 LEENO Industrial will appreciate offsetting losses from the drop in the long position's value.

Moving together with LEENO Stock

  0.61005930 Samsung ElectronicsPairCorr
  0.82005380 Hyundai MotorPairCorr
The ability to find closely correlated positions to LEENO Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LEENO Industrial 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 LEENO Industrial - 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 LEENO Industrial to buy it.
The correlation of LEENO Industrial 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 LEENO Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LEENO Industrial 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 LEENO Industrial 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in LEENO Stock

LEENO Industrial financial ratios help investors to determine whether LEENO 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 LEENO with respect to the benefits of owning LEENO Industrial security.