Ni Steel (Korea) Performance
| 008260 Stock | 3,870 60.00 1.53% |
The company owns a Beta (Systematic Risk) of -0.23, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ni Steel are expected to decrease at a much lower rate. During the bear market, Ni Steel is likely to outperform the market. Ni Steel at this time owns a risk of 2.22%. Please verify Ni Steel semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Ni Steel will be following its current price history.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Weak
Over the last 90 days Ni Steel has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Ni Steel is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 596.2 M | |
| Total Cashflows From Investing Activities | -41.9 B |
008260 |
Ni Steel Relative Risk vs. Return Landscape
If you would invest 390,500 in Ni Steel on August 28, 2024 and sell it today you would lose (3,500) from holding Ni Steel or give up 0.9% of portfolio value over 90 days. Ni Steel is generating 0.0081% of daily returns and assumes 2.2232% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than 008260, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ni Steel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ni Steel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ni Steel, and traders can use it to determine the average amount a Ni Steel's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0036
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 008260 |
Estimated Market Risk
| 2.22 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ni Steel is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ni Steel by adding Ni Steel to a well-diversified portfolio.
Ni Steel Fundamentals Growth
008260 Stock prices reflect investors' perceptions of the future prospects and financial health of Ni Steel, and Ni Steel fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on 008260 Stock performance.
| Return On Equity | 0.27 | |||
| Return On Asset | 0.1 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.17 % | |||
| Current Valuation | 274.28 B | |||
| Shares Outstanding | 28.6 M | |||
| Price To Book | 0.74 X | |||
| Price To Sales | 0.37 X | |||
| Revenue | 248.21 B | |||
| EBITDA | 49.95 B | |||
| Total Debt | 20.41 B | |||
| Cash Flow From Operations | 28 B | |||
| Total Asset | 341.06 B | |||
About Ni Steel Performance
By analyzing Ni Steel's fundamental ratios, stakeholders can gain valuable insights into Ni Steel's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ni Steel has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Ni Steel has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Ni Steel performance evaluation
Checking the ongoing alerts about Ni Steel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ni Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 59.0% of the company shares are owned by insiders or employees |
- Analyzing Ni Steel's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ni Steel's stock is overvalued or undervalued compared to its peers.
- Examining Ni Steel's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ni Steel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ni Steel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ni Steel's stock. These opinions can provide insight into Ni Steel's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for 008260 Stock analysis
When running Ni Steel's price analysis, check to measure Ni 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 Ni Steel is operating at the current time. Most of Ni Steel's value examination focuses on studying past and present price action to predict the probability of Ni 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 Ni Steel's price. Additionally, you may evaluate how the addition of Ni Steel to your portfolios can decrease your overall portfolio volatility.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |