2. Market Integration
1) Definition of stockmarket integration
Market integration occurs when prices among different location or related goods follow similar patterns in a long period. Group of prices often move proportionally to each other and when this relation is very clear among different markets, it is said that the markets are integrated. Thus, market integration is an indicator tha
< 증권산업 개요 >
► 산업 및 시장현황 - 시장의 정의
1. 증권시장 [ securties market , stockmarket , 證券市場 ]
증권시장이란 유가증권이 정부나 기업 등 발행주체로부터 투자자에게 공급되고 다시 많은 투자자 상호간에 유통(매매)되는 경제사회관계를 총칭하여 말한다. 따라서 증권시장은 자금을
market and EU’s market. In addition, Korea’s Stockmarket will be influenced by North Korea’s movement like recent days. If the EU’s financial crisis and North Korea’s threat keep going, we can’t expect exactly for future, so this is big concern about Korea’s Stockmarket.
Finally, we can expect carefully about the Korean market on 2011. Kospi will follow the momentum for m
market, without the risk of their investment strategy that meets the acquiring of the own niche.
2. Stocks?
1) The definition of stocks
Raise funds from the Corporation for the purpose of issuing the certificate. Co., Ltd. is a business by investing funds for several people to operate the company. Invest in stocks as a member of the Corporation for its funding for business investment i
stock prices said that their relationship
was amplified after the second half of 2007.
Especially Korea and Europe have made long
term integration.
The United State acted as the driving force behind global economic growth over the Asian financial crisis in 1997.
Decrease Uncertainty for local investors
Providing accurate information over the markets
Boom in StockMarket
Early 1999s…
a lot of anomalies has come out!
‘Anomly’ is "Unusual Phenomenon”
Korean StockMarket is not
an exception of such a trend.
Conclusion.
Korean stockmarket has been moving
toward the direction of EMH theory.
However, several positive examples and
technical analysis is yet difficult to call "efficient”
↓
Korean stockmarket needs to improve in a qua
stockmarket that changes by the revenue of the duty free shops and the right one is a data that represents the stock price and profits of hotel business without the shops. The profit structure of the industry other than hotel is getting better. It makes the stock price higher. It means that there is a close relationship between them.
4. Balance sheet
EPS 624 PER 28.71
2004/12 20
Expected PER for Korean market is just 9.4 times (based on Kospi 1700), and the number of EPS is predicted of 48% for 2010, 7% for 2011.
1. The result by installment savings (After 1 year)
= (750,000 * 12) + {750,000 * 12(12+1)/2 * 6.2/12} = \9,302,250 (Earnings Before Tax)
2. The result by stock investment (After 1 year)
= 750,000 + (750,000 * 1.95) = \10,462,500
Stock
* Recent Market (2009/12/11)
* Share Holder
* Change in Stock Price
- A point : The highest price (2008/4/30)
Cell phone and display industry were riding high, propelled by sales of it, the total sales and operating profit was the highest
- The total sales11trillion 2,180trillion, Operating profit 6,053hundred million
operating pro
③ Growth measures
On the income statement, revenue, net income, and operating income has increased for the recent three years. In addition, a cash flow from operating activities is positive and investment continued.
④ Market value of stock price
We think price of stock will be higher because earning per share (EPS) is high as 15.15. Price earning rate (PER) is 20.08 and it is lower th