YongTaek Kwon - Histeel Sr Director

071090 Stock   3,050  130.00  4.09%   

Director

YongTaek Kwon is Sr Director of Histeel
Age 68
Phone82 2 2273 2139
Webhttps://hi-steel.co.kr

Histeel Management Efficiency

The company has return on total asset (ROA) of 0.0246 % which means that it generated a profit of $0.0246 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0712 %, meaning that it generated $0.0712 on every $100 dollars invested by stockholders. Histeel's management efficiency ratios could be used to measure how well Histeel manages its routine affairs as well as how well it operates its assets and liabilities.

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Histeel (071090) is traded on Korea Stock Exchange in Korea and employs 194 people.

Management Performance

Histeel Management Team

Elected by the shareholders, the Histeel's board of directors comprises two types of representatives: Histeel inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Histeel. The board's role is to monitor Histeel's management team and ensure that shareholders' interests are well served. Histeel'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, Histeel's outside directors are responsible for providing unbiased perspectives on the board's policies.
YongTaek Kwon, Sr Director
JungGeun Um, Chief Officer
JungKeun Um, President

Histeel 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 Histeel 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.

Pair Trading with Histeel

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

Moving together with Histeel Stock

  0.68051910 LG ChemicalsPairCorr
  0.62005490 POSCO HoldingsPairCorr
  0.61009830 Hanwha SolutionsPairCorr
  0.71004020 Hyundai SteelPairCorr

Moving against Histeel Stock

  0.37032830 Samsung LifePairCorr
The ability to find closely correlated positions to Histeel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Histeel 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 Histeel - 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 Histeel to buy it.
The correlation of Histeel 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 Histeel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Histeel 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 Histeel 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 Histeel Stock

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