Daedong Steel Financials
| 048470 Stock | 3,520 165.00 4.92% |
Daedong |
Understanding current and past Daedong Steel Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Daedong Steel's financial statements are interrelated, with each one affecting the others. For example, an increase in Daedong Steel's assets may result in an increase in income on the income statement.
Please note, the presentation of Daedong Steel's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Daedong Steel's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Daedong Steel's management manipulating its earnings.
Daedong Steel Stock Summary
Daedong Steel competes with Keum Kang, Tplex, PJ Metal, Samhyun Steel, and Wonil Special. Daedong Steel Co., Ltd. manufactures and sells various steel products.| Instrument | Korea Stock View All |
| Exchange | KOSDAQ |
| ISIN | KR7048470009 |
| Business Address | 29 Aenggogae ro |
| Sector | Materials |
| Industry | Metals & Mining |
| Benchmark | Dow Jones Industrial |
| Website | www.daedongsteel.co.kr |
| Phone | (82) 2 786 6218 |
You should never invest in Daedong Steel without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Daedong Stock, because this is throwing your money away. Analyzing the key information contained in Daedong Steel's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Daedong Steel Key Financial Ratios
Daedong Steel's financial ratios allow both analysts and investors to convert raw data from Daedong Steel's financial statements into concise, actionable information that can be used to evaluate the performance of Daedong Steel over time and compare it to other companies across industries.| Return On Equity | -8.37 | |||
| Return On Asset | 0.14 | |||
| Beta | 0.5 | |||
| Z Score | 38.2 |
Daedong Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Daedong Steel's current stock value. Our valuation model uses many indicators to compare Daedong Steel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Daedong Steel competition to find correlations between indicators driving Daedong Steel's intrinsic value. More Info.Daedong Steel Co is rated third in return on equity category among its peers. It is rated second in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Daedong Steel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Daedong Steel'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.Daedong Steel Systematic Risk
Daedong Steel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Daedong Steel volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Daedong Steel correlated with the market. If Beta is less than 0 Daedong Steel generally moves in the opposite direction as compared to the market. If Daedong Steel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Daedong Steel is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Daedong Steel is generally in the same direction as the market. If Beta > 1 Daedong Steel moves generally in the same direction as, but more than the movement of the benchmark.
Daedong Steel Thematic Clasifications
Daedong Steel Co is part of Iron investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Steel and Iron production. Companies involved in production of steel and iron
This theme covers Steel and Iron production. Companies involved in production of steel and iron. Get More Thematic Ideas
| Iron | View |
Daedong Steel November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Daedong Steel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Daedong Steel Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Daedong Steel Co based on widely used predictive technical indicators. In general, we focus on analyzing Daedong Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Daedong Steel's daily price indicators and compare them against related drivers.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 8.49 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 2.84 |
Complementary Tools for Daedong Stock analysis
When running Daedong Steel's price analysis, check to measure Daedong Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Daedong Steel is operating at the current time. Most of Daedong Steel's value examination focuses on studying past and present price action to predict the probability of Daedong Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daedong Steel's price. Additionally, you may evaluate how the addition of Daedong Steel to your portfolios can decrease your overall portfolio volatility.
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| Fundamental Analysis View fundamental data based on most recent published financial statements |