HongSik Yoon - Daesung Holdin Managing Director
| 016710 Stock | 7,050 60.00 0.86% |
Managing Director
HongSik Yoon is Managing Director of Daesung Holdin
| Age | 64 |
| Phone | 82 5 3606 1300 |
| Web | https://www.daesung-holdings.com |
Daesung Holdin Management Efficiency
The company has return on total asset (ROA) of 0.0111 % which means that it generated a profit of $0.0111 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0362 %, meaning that it generated $0.0362 on every $100 dollars invested by stockholders. Daesung Holdin's management efficiency ratios could be used to measure how well Daesung Holdin manages its routine affairs as well as how well it operates its assets and liabilities. Daesung Holdin (016710) is traded on Korea Stock Exchange in Korea and employs 5 people.Management Performance
| Return On Equity | 0.0362 | |||
| Return On Asset | 0.0111 |
Daesung Holdin Leadership Team
Elected by the shareholders, the Daesung Holdin's board of directors comprises two types of representatives: Daesung Holdin inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Daesung. The board's role is to monitor Daesung Holdin's management team and ensure that shareholders' interests are well served. Daesung Holdin's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Daesung Holdin's outside directors are responsible for providing unbiased perspectives on the board's policies.
| JungJoo Kim, Chief Pres | ||
| JoonYeol Lee, Director Director | ||
| HongSik Yoon, Managing Director | ||
| Younghoon Kim, Chairman Officer | ||
| ChangGi Baek, Pres Department |
Daesung Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Daesung Holdin a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0362 | |||
| Return On Asset | 0.0111 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 1.86 T | |||
| Shares Outstanding | 16.09 M | |||
| Shares Owned By Insiders | 72.73 % | |||
| Shares Owned By Institutions | 1.14 % | |||
| Price To Book | 3.81 X | |||
| Price To Sales | 1.67 X |
Pair Trading with Daesung Holdin
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 Daesung Holdin 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 Daesung Holdin will appreciate offsetting losses from the drop in the long position's value.Moving against Daesung Stock
| 0.51 | 025950 | Dongsin Engineering | PairCorr |
| 0.44 | 045340 | Total Soft Bank | PairCorr |
| 0.43 | 004590 | Hankook Furniture | PairCorr |
| 0.42 | 050960 | SOOSAN INT | PairCorr |
| 0.37 | 053800 | AhnLab Inc | PairCorr |
The ability to find closely correlated positions to Daesung Holdin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daesung Holdin 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 Daesung Holdin - 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 Daesung Holdin to buy it.
The correlation of Daesung Holdin 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 Daesung Holdin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daesung Holdin 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 Daesung Holdin 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 Daesung Stock
Daesung Holdin financial ratios help investors to determine whether Daesung 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 Daesung with respect to the benefits of owning Daesung Holdin security.