Youngsin Metal Industrial Stock Probability Of Bankruptcy
| 007530 Stock | KRW 2,175 10.00 0.46% |
Youngsin |
Youngsin Metal Industrial Company chance of distress Analysis
Youngsin Metal's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Youngsin Metal Probability Of Bankruptcy | Less than 38% |
Most of Youngsin Metal's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Youngsin Metal Industrial is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Youngsin Metal probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Youngsin Metal odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Youngsin Metal Industrial financial health.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
| Competition |
Based on the latest financial disclosure, Youngsin Metal Industrial has a Probability Of Bankruptcy of 38.0%. This is 10.76% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The probability of bankruptcy for all Republic of Korea stocks is 4.59% higher than that of the company.
Youngsin Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Youngsin Metal's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Youngsin Metal could also be used in its relative valuation, which is a method of valuing Youngsin Metal by comparing valuation metrics of similar companies.Youngsin Metal is currently under evaluation in probability of bankruptcy category among its peers.
Youngsin Fundamentals
| Return On Equity | 7.62 | |||
| Return On Asset | 0.0164 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 103.92 B | |||
| Shares Outstanding | 12.68 M | |||
| Shares Owned By Insiders | 27.29 % | |||
| Price To Earning | 13.26 X | |||
| Price To Sales | 0.25 X | |||
| Revenue | 122.87 B | |||
| Gross Profit | 18.48 B | |||
| EBITDA | 9.09 B | |||
| Net Income | 183.91 M | |||
| Cash And Equivalents | 9.25 B | |||
| Cash Per Share | 864.43 X | |||
| Total Debt | 18.54 B | |||
| Debt To Equity | 1.64 % | |||
| Current Ratio | 0.70 X | |||
| Cash Flow From Operations | (2.16 B) | |||
| Number Of Employees | 342 | |||
| Beta | 1.71 | |||
| Market Capitalization | 39.57 B | |||
| Total Asset | 138.67 B | |||
| Retained Earnings | 18.26 B | |||
| Working Capital | (12.07 B) | |||
| Current Asset | 38.22 B | |||
| Current Liabilities | 50.29 B | |||
| Z Score | 1.2 | |||
| Net Asset | 138.67 B |
About Youngsin Metal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Youngsin Metal Industrial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Youngsin Metal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Youngsin Metal Industrial based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Youngsin Metal
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 Youngsin Metal 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 Youngsin Metal will appreciate offsetting losses from the drop in the long position's value.Moving against Youngsin Stock
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| 0.4 | 316140 | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to Youngsin Metal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Youngsin Metal 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 Youngsin Metal - 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 Youngsin Metal Industrial to buy it.
The correlation of Youngsin Metal 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 Youngsin Metal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Youngsin Metal Industrial 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 Youngsin Metal 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 Youngsin Stock
Youngsin Metal financial ratios help investors to determine whether Youngsin 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 Youngsin with respect to the benefits of owning Youngsin Metal security.