Kwang Jin (Korea) Performance
| 026910 Stock | KRW 2,035 5.00 0.25% |
The company secures a Beta (Market Risk) of 0.31, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kwang Jin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kwang Jin is expected to be smaller as well. At this point, Kwang Jin Ind has a negative expected return of -0.22%. Please make sure to verify Kwang Jin's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Kwang Jin Ind performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Kwang Jin Ind has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Total Cashflows From Investing Activities | -4.7 B |
Kwang |
Kwang Jin Relative Risk vs. Return Landscape
If you would invest 236,000 in Kwang Jin Ind on September 19, 2024 and sell it today you would lose (32,000) from holding Kwang Jin Ind or give up 13.56% of portfolio value over 90 days. Kwang Jin Ind is generating negative expected returns and assumes 1.8321% volatility on return distribution over the 90 days horizon. Simply put, 16% of stocks are less volatile than Kwang, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Kwang Jin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kwang Jin's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Kwang Jin Ind, and traders can use it to determine the average amount a Kwang Jin'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 = -0.1189
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| Negative Returns | 026910 |
Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kwang Jin 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 Kwang Jin by adding Kwang Jin to a well-diversified portfolio.
Kwang Jin Fundamentals Growth
Kwang Stock prices reflect investors' perceptions of the future prospects and financial health of Kwang Jin, and Kwang Jin 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 Kwang Stock performance.
| Return On Equity | 0.1 | |||
| Return On Asset | 0.0222 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 39.63 B | |||
| Shares Outstanding | 6.25 M | |||
| Price To Earning | 18.46 X | |||
| Price To Sales | 0.60 X | |||
| Revenue | 54.59 B | |||
| EBITDA | 2.05 B | |||
| Cash And Equivalents | 1.85 B | |||
| Cash Per Share | 860.03 X | |||
| Total Debt | 4.48 B | |||
| Debt To Equity | 0.36 % | |||
| Cash Flow From Operations | (2.92 B) | |||
| Total Asset | 42.42 B | |||
| Retained Earnings | 23.56 B | |||
| Current Asset | 21.35 B | |||
| Current Liabilities | 8.57 B | |||
About Kwang Jin Performance
By analyzing Kwang Jin's fundamental ratios, stakeholders can gain valuable insights into Kwang Jin's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Kwang Jin 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 Kwang Jin has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Co., Ltd. manufactures and sells hot rolled, cold drawn, and peeled steel bars in South Korea. Co., Ltd. was founded in 1976 and is based in Busan, South Korea. KwangjinInd is traded on Korean Securities Dealers Automated Quotations in South Korea.Things to note about Kwang Jin Ind performance evaluation
Checking the ongoing alerts about Kwang Jin for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Kwang Jin Ind help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Kwang Jin Ind generated a negative expected return over the last 90 days | |
| Kwang Jin Ind has accumulated about 1.85 B in cash with (2.92 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 860.03. | |
| Roughly 43.0% of the company shares are owned by insiders or employees |
- Analyzing Kwang Jin'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 Kwang Jin's stock is overvalued or undervalued compared to its peers.
- Examining Kwang Jin'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 Kwang Jin's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Kwang Jin's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Kwang Jin's stock. These opinions can provide insight into Kwang Jin's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Kwang Stock analysis
When running Kwang Jin's price analysis, check to measure Kwang Jin'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 Kwang Jin is operating at the current time. Most of Kwang Jin's value examination focuses on studying past and present price action to predict the probability of Kwang Jin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kwang Jin's price. Additionally, you may evaluate how the addition of Kwang Jin to your portfolios can decrease your overall portfolio volatility.
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